1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Guj alkali, IOL Chemical

Discussion in 'Portfolio Updates' started by ravalhimanshu, Mar 27, 2020.

  1. ravalhimanshu

    ravalhimanshu New Member

    Joined:
    Jul 18, 2018
    Messages:
    5
    Likes Received:
    2
  2. mihir68sarkar

    mihir68sarkar New Member

    Joined:
    Feb 7, 2020
    Messages:
    1
    Likes Received:
    0
    hii
    I m mihir ,just planning to start as stock investor.please recommend some stock for me for the long run
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,028
    Likes Received:
    1,697
    Guj Alkali is a state owned PSU and I am avoiding them for reasons I have it here https://shabbir.in/business-checklist/

    The gist is, I don't see PSU operating very efficiently. Moreover, they are not a unique business either.

    IOL Chemicals is into APIs / bulk drugs and speciality chemicals. Do you understand the demand supply of what it manufactures?

    I believe:

    The first step is to know the right stocks and you can do that by reading my following articles

    https://shabbir.in/investment-checklist/
    and
    https://shabbir.in/fundamental-analysis/

    Once the stock qualifies the above checklist and analysis, I analyze the business on the following parameters

    https://shabbir.in/business-checklist/

    Then comes the understanding the technical analysis based on price action which gives us the right price.