NOCIL trade ideas
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
NOCILLooks ready for an All Time High Breakout.
Huge Consolidation Done.
Massive Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
NOCIL LtdTARGET AND SL IN CHART
FUNDAMENTALS
Market Cap
₹ 4,778 Cr.
Current Price
₹ 287
Stock P/E
39.9
Book Value
₹ 99.0
Dividend Yield
1.05 %
ROCE
13.4 %
ROE
9.89 %
Face Value
₹ 10.0
Price to book value
2.90
Intrinsic Value
₹ 130
PEG Ratio
-13.7
Price to Sales
3.23
Debt
₹ 7.98 Cr.
Debt to equity
0.00
Int Coverage
112
Reserves
₹ 1,484 Cr.
Promoter holding
33.8 %
Pledged percentage
9.69 %
EPS last year
₹ 8.95
Net CF
₹ 11.4 Cr.
Price to Cash Flow
16.9
Free Cash Flow
₹ 253 Cr.
OPM last year
15.6 %
Return on assets
8.04 %
Industry PE
34.3
Sales growth
-12.2 %
Investment Recommendation: NOCIL - Target Prices ₹394 and ₹518, Investment Recommendation: NOCIL Limited
Current Market Price (CMP): ₹308
Target Prices:
Target 1: ₹394
Target 2: ₹518
Stop Loss: ₹211 (in case of correction)
Accumulation Strategy: Accumulate on corrections for better positioning.
Brief Overview of NOCIL Limited
Company Overview:
NOCIL Limited is a leading manufacturer and supplier of rubber chemicals in India. Established in 1961, NOCIL has been at the forefront of the rubber chemical industry, providing high-quality products to a diverse range of industries including automotive, rubber, and latex.
Key Business Segments:
Rubber Chemicals: NOCIL offers a comprehensive range of rubber chemicals including accelerators, antioxidants, and pre-vulcanization inhibitors, essential for the production of various rubber products.
Specialty Chemicals: The company also manufactures specialty chemicals tailored to meet specific industry requirements.
Market Presence:
Domestic Market: NOCIL has a strong presence in the Indian market with a well-established distribution network.
International Market: The company exports its products to various countries, reinforcing its position as a global player in the rubber chemical industry.
Financial Performance:
NOCIL has a track record of robust financial performance, marked by steady revenue growth and profitability. The company's focus on cost efficiency and innovation has enabled it to maintain competitive margins.
Strategic Initiatives:
Capacity Expansion: NOCIL continually invests in expanding its production capacities to meet growing demand.
Research and Development: The company places a strong emphasis on R&D to develop innovative products and improve existing ones.
Sustainability: NOCIL is committed to sustainable practices, ensuring minimal environmental impact through efficient waste management and pollution control measures.
Stock Information:
NOCIL's stock is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India. The company's strong market position and consistent performance make it an attractive investment option.
Investment Considerations:
Entry Point: Current Market Price (CMP) at ₹308.
Target Prices: ₹394 and ₹518 in the near term.
Stop Loss: ₹211 (in case of correction).
Accumulation Strategy: Accumulate shares during market corrections to optimize entry points.
Disclaimer: This recommendation is based on market analysis and is not a guarantee of future performance. Please consult with a financial advisor before making any investment decisions.
NOCIL - Breakout
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-)
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)
Nocil Ltd Breakout Zone Nocil Ltd Breakout Zone
Nocil now in breakout zone. price move possible from here
Buy Above 265-270
Stoploss 245
Target Near 290-330
Holding Time 1-2 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
NOCIL - Ichimoku BreakoutStock Name - Nocil Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 280
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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NOCIL - Breakout due
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-)
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)