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VENUS PIPES & TUBES LTDVENUS PIPES & TUBES LTDVENUS PIPES & TUBES LTD

VENUS PIPES & TUBES LTD

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VENUSPIPES trade ideas

a Sign of Hope..Continuously making LH LL (Downtrend). Currently at an Important Support level. Double Bottom formation around 1200. Bullish Divergence is there on Daily TF, which is a Positive Trigger. However, the stock will reverse its trend once it will Cross & Sustain 1465 atleast. & if this level is Crossed & Sustained, we may witness 1700 - 1730 initially. On the flip side, breaking the Current Level (around 1200), will bring more selling pressure & we may witness 1000 - 1040.
NSE:VENUSPIPES
by House-of-Technicals
VENUSPIPES : High R:R Opportunity Wave 5 Buying Setup – High R:R Opportunity Technical Analysis: Structure: Price has retraced deeply into a liquidity zone and completed Wave 5 extension , a high-probability reversal area. Key Levels: Buy Zone: ₹1,485-₹1,569 Stop Loss: ₹1,441 (Below the extended Wave 5 zone) Target 1: ₹1,982-₹2,040 Target 2: ₹2,260 Educational Notes: Wave 5 Reversal: After Wave 5 completion, a new impulsive structure typically forms, offering good R:R setups. Liquidity Zones: These areas often mark points where institutional activity occurs, supporting trend reversals. Disclaimer: Analysis is for learning purposes and not financial advice. Always back-test and analyze before entering a trade.
NSE:VENUSPIPESLong
by LiveTradingBox
1
Venus Pipes Breaking outVenus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. Fundamentals are good. Rising OPM, Net profit, EPS with consistent tax rate. Good 3Y ROE, sales and profit growth. Reducing debtor days. Stakes increased by Promoters, DII, FII in last 2Q. No:of Shareholders jumped in recent quarter expecting good result. And company didn't fail that. Double digit growth in Q3. Chart with targets displayed YOY QOQ Sales 52% 8.4% EBIDT 123% 12.39% Net Profit 106% 14.77% EPS 106% 14.93%
NSE:VENUSPIPESLong
by naraykln
Upward momentum of 15% in VENUSPIPES expectedVENUSPIPES has seen a good breakout on daily TF after almost a consolidation of more than 30 days with 100% increase in volume on daily TF. The company has a minimum 50% increase in sales QoQ growth for the last 3 quarters and close to 100% increase in EPS. Good for swing traders. Can expect an upward momentum of a min of 10-15%. Entry - INR 1925 SL - (DL) - INR 1840 TSL - According to your risk profile. Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
NSE:VENUSPIPESLong
by Rokdevildivine
VENUSPIPES - BULLISHStock name - Venus Pipes and Tubes Limited. ✅#VENUSPIPES trading above Resistance of 2299. ✅Next Resistance is at 2013. ✅Moved 20% in 7 weeks. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
NSE:VENUSPIPES
by tanwartarun50
Venus Pipes and Tubes - Hot businessVenus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes Revenue Split FY22 Industry wise Engineering – 60% Chemicals - 31% Others – 9% Geography wise Domestic - 46% Stockist / Traders - 44% Exports - 10.5% General Notes 1. Recently listed co 2. Has 5 product lines in business with good client tele 3. Co is working on expansion plans. It already 10,800 MT installed capacity. Company is currently working on capacity expansion of Seamless & Welded Pipes/tubes from 3,600 MTPA & 7,200 MTPA to 9,600 MTPA & 14,400 MTPA, respectively along with the introduction of Mother Hollow pipes with 9,600 MTPA capacity. Co. has proposed to install an acid regeneration plant (ARP) where the consumption of acid in the manufacturing process shall be reduced substantially and the same will help it in improving operating margins. 4.Major export presensce from FY 22 5.Short term borrowings has increased and cash flow is 0 (100% utilization). EPS has decreased on QOQ because of the expansion since internal accruals and debt is taken for these expansion 6.ROE and ROCE are not specatular but with expansion work getting in we can see the fruits in FY23
NSE:VENUSPIPESLong
by Microcap_Investor