The stock price closed at ₹3568.45, which is down ₹20.80 (-0.58%) from the previous day's close. The candlestick body is small, indicating low volatility. The real body is slightly red, indicating that the closing price was lower than the opening price. The RSI indicator is at 42.98, which is considered neutral territory. Overall, the chart doesn't provide a...
here's a possible trading idea for Manappuram Finance, keeping in mind that this is not financial advice and you should do your own research before making any trades: Long trade setup: Entry: Above ₹196.75 (previous day's high) Stop-loss: Below ₹190.74 (previous day's low) Target: ₹210.00 (resistance level) Rationale: The stock is currently trading near its...
Clear break out on chart be cautious with Stop loss
• CMP 105 • Promotor holding 50% • Market capitalization: 1,436 Cr. • Sales growth over the past 3 years: 18% • Profit growth over the past 3 years: 33% • Price-to-earnings ratio: 30 • Company bidding for defense segment orders worth Rs. 1,000 crores. My plan of action: • Buying range: 100-115 • Long-term targets: 300, 500, 700 • Stop-loss at 90
Company Overview: Network18 Media & Investments Limited is a media and entertainment conglomerate based in India. The company operates a diverse portfolio of media properties, including television channels, digital content platforms, films, and print publications. As a key player in the Indian media industry, Network18 has a substantial presence across news,...
Company Overview: Central Depository Services Limited (CDSL) is one of the two central securities depositories in India, facilitating the holding and transfer of securities in electronic form. As a key player in the financial infrastructure sector, CDSL plays a crucial role in supporting the efficiency and transparency of the Indian capital market. Market...
Investing in the textile industry, particularly in companies like Sutlej Textiles and Industries Limited, requires a careful consideration of various factors, including the company's financial health, industry trends, and market conditions. Here are some investment ideas and strategies to consider when evaluating Sutlej Textiles as a potential...
NBCC (India) Limited, formerly known as National Buildings Construction Corporation Limited, is a leading construction company in India. It is engaged in the business of project management consultancy services for civil construction projects, civil infrastructure for power sector, and real estate development. NBCC is a Government of India undertaking, providing...
Oil and Natural Gas Corporation Limited (ONGC) is India's largest oil and gas exploration and production company. With a strong presence in both domestic and international markets, ONGC is a key player in India's energy sector. The company is involved in the exploration, drilling, production, and refining of oil and gas products. Market Position: ONGC holds a...
Company Overview: Sharda Motor Industries Limited (SMIL) is a leading automotive component manufacturer based in India. The company specializes in producing exhaust systems, seat frames, and other critical components for the automotive industry. With a strong presence in both domestic and international markets, SMIL has demonstrated consistent growth and...
Investment Thesis: Mazagon Dock Shipbuilders Limited (MDL) is a prominent defense public sector undertaking (DPSU) in India specializing in the construction of naval ships and submarines. MDL plays a crucial role in India's defense preparedness and naval capabilities. Here's an overview of the key factors supporting a long position in MDL: Key Points Supporting...
Elliot Wave Candidate! CAMLINFINE 1- Wave 3 Starting Unfolding 2- Nice Volume Buildup Seen 3- Least Move Where Wave 3 Should be Equal to Wave 1 Keep on Radar. Potential Upside Stock! Ready with short-term positional with stop loss as per historical data more than 20 % upside possible.
Trade Thesis and Rationale: The INT Conveyors stock presents a compelling positional trade opportunity based on a combination of technical and fundamental factors. Technical Analysis: The stock has exhibited a strong bullish trend on the daily and weekly charts, supported by higher highs and higher lows. Additionally, the Moving Average Convergence Divergence...
Investment Thesis: South Indian Bank Limited is a prominent private sector bank in India, with a legacy dating back over a century. The bank offers a range of financial products and services, including retail banking, corporate banking, and treasury operations. While the banking sector can be subject to market volatility and economic fluctuations, there are...
MAX financial is a stock that has been showing signs of a breakout. The stock has been in an uptrend for the past few months, and it has recently broken out above a key resistance level. This is a bullish signal, and it suggests that the stock is likely to continue to rise in the near future. The whole financial sector is making highs we need to keep a few...
Hindustan Copper Limited is a government-owned mining company engaged in the exploration, mining, and production of copper and associated products. Before entering into a long trade, thorough research and analysis of the company's financials, industry trends, and market sentiment should be conducted.
I am presenting a long trading opportunity on GAIL (India) Limited (NSE: GAIL) due to the emerging bullish momentum on the daily chart. Technical Analysis: Bullish Divergence: The recent price action on GAIL's daily chart shows a bullish divergence between the price and the Relative Strength Index (RSI). This suggests a potential reversal in the downtrend and...
Stock: TATA POWER Position: Long Reasons for the position: Breakout The stock market is volatile and there is no guarantee that TATA POWER Ltd will continue to perform well in the future. The company faces competition from other companies in the same industry. The company is subject to risks associated with its industry, such as changes in government regulations...