Long Term Equity Call - GUJALKALI 23 Sept 2016

LONG TERM EQUITY PICK - GUJARAT ALKALIS & CHEMICALS LTD. (GUJALKALI)

CMP - 324.76

Past 1 year Trend

1. Moving Averages (5, 10, 20, 50, 100, 200) - Suggest Buying option not only for short term but for long term as well.
2. RSI (14) - Overbought stock
3. MACD (26,12) - Suggests buying
4. William %R - Overbought stock
5. Bull/Bear Power (13) - Suggests Buying 
6. Past Trend shows the consistent growth with little corrections in between. Current Resistance Level is at 330 with Support at 270. Next Resistance expected to form at  395--405 levels.
7. PE Ratio of 9.19 as against Industry PE of 62.66 - Stock a lot cheaper than other stocks in industry.
8. With a current Net profit margin of 13.1% against 9.52% of industry makes the stock quite profitable.
9. EPS 30.18 as against Industry EPS of 22 - One of the best stocks in Industry.
10. Cash Flow per share - 50.77 almost double than Industry (27.56).
11. With a 5 Year EPS growth rate of 14.16%, it is expected to provide good return to its investors in future as well.

Overall Technically and Financially, go LONG on GUJALKALI.

Target 1 - 395--405

Target 2 - 500+

Stop Loss - Below 270.

Keep a watch on your investments since the market is uncertain and highly volatile. The stocks show corrections in Long phases. Patience is key for Long Term investments.

The stock is JUV's Choice for a suitable portfolio and so has been added in JUV Portfolio One

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