Technical Analysis
Polycab India has demonstrated exceptional technical progression showcasing a remarkable super bullish rally over the past few years. Before COVID, the stock was trading at ₹1,200 levels, but the pandemic-induced correction brought it down to ₹600 - representing a significant 50% decline from pre-COVID highs.
However, the post-COVID recovery...
Idea projection for Bank of Baroda (NSE)
256 is a critical resistance: Price previously failed twice at this level and has just approached it once more.
Breakout or rejection: If 256 is convincingly surpassed, the next probable target is the 0.236 Fibonacci extension at 266.25, followed by 283.80 and 291.65.
Failure to break 256: A rejection here could result...
Logical Buy Projection
Trend Context
Strong trend change confirmation after Rounding Bottom.(Near Term)
Inverse H&S pattern indicates a bullish reversal structure.(Failed to breakout)
Volume supports accumulation in the demand zone.
Entry Zone
Around ₹1,280–₹1,300 (CMP, near breakout of rounding bottom neckline).
Safer entry on retest of...
Reasoning
The stock has corrected significantly (from its highs) and is seen by some analysts to be forming technical reversal signs.
A support zone around ₹1,178 is considered strong; it has held recently after pulling back.
A breakout above ₹1,420 is seen as critical by some for pushing toward higher targets.
On the fundamentals side, KPIT is seen as...
Current price is ~ ₹450-₹451.
50-day SMA is ~ ₹432.6.
200-day SMA is ~ ₹446.6.
52-week high ~ ₹575.40, low ~ ₹378.15.
Support zones: ₹444-₹447
Close to 200-day SMA/DEMA, this is key support. If price stays above this, bullish bias strengthens.
₹432-₹435
Next lower support (50-day SMA ~432.6) and previous consolidation
Resistance zones
₹455-₹460
Short-term...
Technical Analysis
Ashok Leyland has showcased an extraordinary super bullish rally spanning an incredible 25-year journey since 1999. The stock's transformation from trading below ₹1 in 1999 to the current level of ₹134 represents a phenomenal 13,400%+ growth over two and half decades - a testament to India's commercial vehicle revolution.
However, since 2024,...
Technical Analysis
Jindal Steel has demonstrated an exceptional super bullish rally spanning the past decade, establishing itself as a market leader. However, since 2024, the stock encountered formidable resistance at the 1050-1100 zone, creating a critical supply area that has tested multiple times.
The game-changing catalyst arrived with the announcement of...
Viviana Power Tech Ltd, based in Gujarat, operates in the power transmission and distribution EPC space, offering services like EHV substations, underground cabling, and testing/commissioning. The company has shown rapid expansion in revenue and profitability, riding on India’s growing power infrastructure demand.
Fundamental Analysis
Financial...
Technical Analysis
Navin Fluorine Ltd has demonstrated an extraordinary long-term growth trajectory, showcasing a super bullish rally from below ₹100 levels to the current ₹5,000 zone - representing an exceptional 50x growth over the years.
The ₹4,700-₹5,000 zone has been acting as a formidable supply zone over the past year, creating multiple rejection points....
Technical Analysis
UltraTech Cement presents one of the most spectacular long-term growth stories in Indian equity markets. Having observed this stock for two decades, the journey from ₹250 levels to ₹12,000 represents a phenomenal 48x growth over 20 years - a testament to consistent value creation.
The ₹12,000 level acted as formidable resistance from July...
The government extended the exemption of import duty on raw cotton (HS 5201) until December 31, 2025, aimed at supporting the domestic textile sector and exporters.
The duty waiver, first introduced on Aug 19, 2025, was earlier set to expire on Sep 30, 2025.
Imports normally attract an 11% duty, including agriculture cess.
The extension ensures adequate cotton...
Technical Analysis
Grasim Ltd presents one of the most remarkable long-term growth stories in Indian markets. Having tracked this stock since 1999 when it traded below ₹20, the journey has been extraordinary. From those humble levels, the stock demonstrated a steady bullish rally reaching ₹2,880 by July 2024, representing a phenomenal 144x growth over 25...
Technical Analysis
Ramco Cements has demonstrated an exceptional long-term uptrend since 2006, continuously making higher highs and higher lows. The stock showcased remarkable growth from ₹50-60 levels to ₹1,100 by July 2021, representing an extraordinary 18-20x growth over 15 years.
Post the 2021 peak, the stock corrected to ₹600 levels but maintained its...
Suryoday Small Finance Bank is currently trading around ₹130 with a price-to-earnings (P/E) ratio of about 17 and a price-to-book (P/B) ratio of approximately 0.7, suggesting it may be undervalued relative to its book value.
Growth indicators show strong advances growth of 25.8% YoY, a net profit after tax of ₹148.7 crore for the nine months ended December 2024,...
GST Rate Cut Proposal: The Indian government is on the verge of reducing GST on cars, two-wheelers, three-wheelers, trucks, and buses from the current 28% down to 18%. The new recommendations seek to eliminate the 12% and 28% slabs, retaining only 5% (for essentials and EVs) and 18% for most internal combustion engine (ICE) vehicles. Luxury cars may have a new...
