Chambal Fertilisers and Chemicals Ltd is close to hitting a breakout point at ₹575, with its current price at ₹564. If it pushes past ₹575, it could start climbing higher. The next possible levels to watch are ₹585, ₹595, and ₹625.
Vijaya Diagnostic Centre Ltd’s stock is getting close to a key level of ₹1,220, while it’s currently at ₹1,061. If it climbs past ₹1,220, it might show the stock’s ready to surge upward. Possible next stops could be ₹1,240, ₹1,280, and ₹1,300
Indian Hume Pipe Company Ltd is nearing its breakout level of ₹425, currently trading at ₹373. A breakout above ₹425 could initiate an uptrend, with potential targets at ₹440, ₹460, and ₹480.
Berger Paints India Ltd is approaching its breakout level of ₹520, currently trading at ₹502.85. A breakout beyond ₹520 may signal bullish momentum, with potential targets at ₹530, ₹545, and ₹565.
Weekly Recap:
The Bank Nifty closed the week at 48981, posting a decline of -0.24%.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial range to watch for potential reversals or trend continuation is 48,948 - 49,092
Support & Resistance Levels:
Support Levels:
S1: 48, 738
S2: 48,540
S3: 48,100
Resistance Levels:
R1: 49,248
R2: 49,426
R3:...
Weekly Recap:
The Nifty 50 closed the week at 22,795.90, marking a significant decline of -0.51%. The bearish momentum dominated the market, pulling the index lower as selling pressure intensified.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial zone to watch for any potential reversals or trend continuation is between 22,721 - 22821.
...
Daily Chart Outlook
1. Short-Term Bias
The stock is caught between a major support cluster (7,245–7,500) and the lower Fair Value Gap near 8,434–8,500.
If bulls can reclaim 8,434 decisively on a daily closing basis, it suggests a push toward the upper FVG (9,045–9,244).
2. Bearish or Bullish Triggers
Bearish: A failure to hold above 8,432–8,434...
Over the past five years, Nava Limited has achieved a compound annual profit growth rate of 31.3%, underscoring its strong earnings trajectory. The company's current ratio stands at 8.11, reflecting a solid liquidity position and its capability to meet short-term obligations.
Recent Financial Highlights
Dec-Quarter Consolidated Net Profit: ₹2.5 billion
...
Deccan Cements Ltd is approaching its breakout level of ₹740, with its current price at ₹683. A move above ₹740 may trigger an upward trend. The potential targets are ₹750, ₹770, and ₹800.
Hindustan Foods Ltd is nearing its breakout point at ₹625, currently trading at ₹578. A rise beyond ₹625 could initiate an upward trend, with possible targets at ₹640, ₹660, and ₹700.
Cholamandalam Investment and Finance Company Ltd is approaching its breakout level of ₹1,475, currently trading at ₹1,375. A move beyond ₹1,475 may signal bullish momentum, with potential price targets at ₹1,500, ₹1,525, and ₹1,550.
Narayana Hrudayalaya Ltd is nearing its breakout level of ₹1,425, currently trading at ₹1,367. A rise beyond ₹1,425 could initiate an upward trend, with potential targets at ₹1,440, ₹1,460, and ₹1,500.
GlaxoSmithKline Pharmaceuticals Ltd is approaching its breakout level of ₹2,865, currently trading at ₹2,536. A move beyond ₹2,865 could signal bullish momentum, with potential targets at ₹2,880, ₹2,900, and ₹2,950.
Manappuram Finance Ltd is approaching its breakout level of ₹212, currently trading at ₹193.22. A move beyond ₹212 could signal bullish momentum, with potential targets at ₹220, ₹230, and ₹250.
Castrol India Ltd is approaching its breakout level of ₹235, currently trading at ₹208.50. A move above ₹235 could signal a bullish trend, with potential targets at ₹245, ₹255, and ₹275.
Nitiraj Engineers Ltd is nearing its breakout level of ₹320, currently trading at ₹308. A rise beyond ₹320 could indicate a bullish trend, with potential targets at ₹330, ₹345, and ₹355.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Q3FY25 Performance
Sales volume: Up 15% QoQ, from 7.60 mn tonnes to 8.77 mn tonnes.
EBITDA: Jumped from ₹593 crore to ₹947 crore.
PAT: More than doubled from ₹93 crore to ₹229 crore.
Net revenue: Grew 14% QoQ to ₹4,235 crore.
Growth Outlook
Cement demand expected to rise due to:
1. Higher rural consumption (boosted by better farm cash flows).
2. Strong urban...
