DEEPAK FERTILIZERS & PETR
āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™

Reiterating Buy Call on Deepak FertilizerðŸĪĐðŸ’ļðŸ”Ĩ

Buy Deepak Fertilizers & Petrochemicals Corp. for Positional Trading as well as Investment.ðŸ’ļðŸ”ĨðŸ’ļ
Comment your views‾ïļðŸ˜„
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ðŸ’ĄMarket Position:
1) 2nd largest manufacturer of Nitric Acid in South East Asia & the largest in India.
2) Leading manufacturer and marketer of Isopropyl Alcohol ( IPA )(market share of 65% in FY 2019-20.) The only producer & merchant of IPA in India.
3) Only manufacturer of NP prill 24:24:0 fertiliser & TAN solids in India.
4) Largest manufacturer of Bentonite Sulphur in India.
5) Market leader in speciality and water-soluble fertilisers in India.
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✔ïļ Technically & Fundamentally Strong💊💊
The company recently posted an Amazing Q3 Result.
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💎technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
⁠5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

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