(NSE:OCCL )Oriental Carbon on move up Market Share: #
OCCL is the sole manufacturer of Insoluble Sulphur (IS) in the domestic market.
Majority of demand for insoluble sulphur is derived from the automotive tyres industry.
It enjoy a domestic market share of nearly 55%-60% and around 10% market share in the global market.
OCCL has established itself as a preferred first/second supplier to all major tyre manufacturers in global markets
Capacity as of FY20: #
IS plant spread across 2 units (Dharuhera & SEZ Mundra) of 34,000 metric tonnes per annum.
Upcoming Capex #
Capacity expansion underway to expand the Insoluble Sulphur capacity by 11,000 MTPA & Sulphuric acid capacity by 42,000 MTPA, spread across two phases at its Dharuhera facility.
Total project will cost 216 Cr, funded with a debt equity ratio of 2:1.
Phase-I of IS capacity expansion by 5500 MTPA along with Sulphuric acid capacity at an outlay of 156 Cr is underway. Commissioning for the project has been pushed to July2021 from Q3FY21 as envisaged earlier for phase-1.
reference: Screener.in
Stocktobuy
TIRUMALCHM Daily timeframe analysis for long term
NSE:TIRUMALCHM has given strong breakout to golden zone.
We can see long term move above 225 with can buy more till 215 with SL 202
Major targets levels are highlighted in blue lines.
Supriya Life science Weekly Timeframe analysis for long term
NSE:SUPRIYA has formed clear bullish structure and taken solid bounce from support 237-250 zone.
Buy Level is 283. We can see long term move above 300 with SL of 260 if it give pullback buy more near 280 to 290 range.
Major targets levels are highlighted in blue lines.
SPARC Sun Pharma Advance Research Co Ltd
NSE:SPARC Sun Pharma Advance Research Co Ltd can take support from 232 or break 270.
We can buy near 232 and can see long term move above 270 with SL of 210 .
Major targets levels are highlighted in blue lines.
SIGNET INDUSTRIES Weekly Timeframe Analysis for long term
NSE:SIGIND has created Cup And Handle Pattern in Monthly Timeframe and also breakout Opening Price 66 when it was listed in NSE.
We can see long term move above 66 with SL of 58 can average till 55.
Major targets levels are highlighted in blue lines.
SAT Industries Daily timeframe analysis for long term
NSE:SATINDLTD has given strong breakout to inverse head and shoulder pattern after strong retracement from golden zone.
We can see long term move above 113 with SL of 102 and can average till 105.
Major targets levels are highlighted in blue lines.
NFL National Ferti.ltd Daily timeframe analysis for long term
NSE:NFL is at major breakout level of 82.
We can see long term move above 86 with SL of 73.
Major targets levels are highlighted in blue lines.
FINOPB Daily timeframe analysis for long term
NSE:FINOPB is at major support level 255.
We can see long term move above 265 with SL of 250.
Major targets levels are highlighted in blue lines.
DOLLAR Industries Daily timeframe analysis for long term
NSE:DOLLAR about to breakout 450 level.
We can see long term move above 451 with SL of 415 and can average till 427.
Major targets levels are highlighted in blue lines.
DIVISLAB Weekly Timeframe Analysis for long term
NSE:DIVISLAB about to breakout 3760 level.
We can see long term move above 3760 with SL of 3420 and can average till 3587.
Major targets levels are highlighted in blue lines.
ASHOKLEYLAND daily timeframe analysis for long term
NSE:ASHOKLEY has retested major R become S and consolidated above 167.
We can see long term move above 173 with SL of 165 and can average till 167.
Major targets levels are highlighted in blue lines.
ADSL Daily timeframe analysis for long term
NSE:ADSL has taken 6 month demand zone support and consolidated above 115.
We can see long term move above 126 with SL of 110 and can average till 115.
Major targets levels are highlighted in blue lines.
Accelya Solutions Daily timeframe analysis for long term
NSE:ACCELYA has grabbed 6 month demand zone support level liquidity 1336 range.
We can see long term move above 1389 with SL of 1310 and can average till 1339.
Major targets levels are highlighted in blue lines.
AU Small Finance Bank Daily timeframe analysis for long term
NSE:AUBANK has given 6 month resistance breakout and retested at 760 range.
We can see long term move above 760 with SL of 740 and can average till 750.
Major targets levels are highlighted in blue lines.
Balrampurchini Daily timeframe analysis for long term
NSE:BALRAMCHIN has in Demand Zone of 385 range over last 7 month.
We can see long term move above 390 with SL of 380.
Major targets levels are highlighted in blue lines.
SBICARD Daily timeframe analysis for long term
NSE:SBICARD has taken strong bounce from demand zone and about to breakout trendline.
we can see long term move above 788 , can buy above 774 with SL of 750.
Major targets levels are highlighted in blue lines
Time to enter ASX:CSL ⁉️Last week, CSL management received positive feedback and the stock is currently in a base. While there is no confirmation of a new trend, the risk-reward ratio is favorable to add a small amount and let the market guide for further additions. I will only add up to 50% of my position in the low base, so if the stock fails to reach its all-time high, I will still have some gains to take away. The stock symbol is $ASX:CSL.
Disclosure: I am investing in my super account for the first trance I cannot provide any recommendations to buy or sell. It is essential for you to conduct your own research.
Wave 3 begins in INDIA GLYCOL The correction to the impulse wave up(April 2023) completed in the stock with a zig zag and achieving 61.8% retracement of the wave up.
Wave 3 seems to have now started and the projected target zone would be around 910-920 zone.
Sl-659
CMP 700
Target - 915
Note*- This post is for educational purpose only
ZEEL Weekly Timeframe analysis for long term
NSE:ZEEL has given breakout to trendline and if sustained above 240 to 260.
We can see long term move above 310 & can buy more till 240 with SL 220.
Major targets levels are highlighted in blue lines.
Monthly Timeframe View:
WOCKPHARMA Weekly Timeframe Analysis for long term
NSE:WOCKPHARMA has taken strong bounce from NSE listed price level zone.
We can see long term move above 513 & can buy in 443 with SL 373.
Major targets levels are highlighted in blue lines.
Weekly:
Monthly:
Wipro Weekly Timeframe Analysis for long term
NSE:WIPRO has taken strong bounce from golden zone in monthly timeframe.
We can see long term move above 443 & can buy more till 417 with SL 401
Major targets levels are highlighted in blue lines.
Monthly Timeframe View:
VIRINCHI Daily timeframe analysis for long term
NSE:VIRINCHI break trendline and about to breakout initial listing price level 36.
We can see long term move above 36 & can buy more till 33 with SL 30.
Major targets levels are highlighted in blue lines.
Weekly Chart:
UTI Asset Management Weekly Timeframe analysis for long term
NSE:UTIAMC has given trendline breakout and about to break major resistance 867.
We can see long term move above 867 & can buy more till 800 with SL 780.
Major targets levels are highlighted in blue lines.
