Technical Analysis: Blue Dart Express has recently bounced up from a two-year support level around 5467 and is currently trading around 6067. The stock has shown resilience at this support level, indicating strong buying interest. Considering historical price action, there's a potential for a mean reversion towards the range of 7284 to 7900. Fundamental...
Review: • Head and Shoulders Pattern: A bearish reversal pattern is present, suggesting a potential downside. The target for this pattern is in the range of 6115 - 6042. • 21 EMA: The 21-day Exponential Moving Average (EMA) is rounding off, which could indicate a loss of momentum for the bears. A flattening EMA might suggest the downtrend is losing steam,...
This TradingView idea analyzes CenturyPly (CENTURYPLY) on the NSE and explores its potential for growth in two scenarios, incorporating pivot point data for additional insights. Company Financials: • Market Cap: ₹ 14,820 Cr (as of December 2024) • Current Price: ₹ 667 • P/E Ratio: 41.0 (below industry average) • Book Value: ₹ 93.3 • OPM (Operating Profit Margin):...
Would Exide take this path to reach 375 + by the end of the year need to track the progress of Exide Energy Solutions Ltd (EESL)