Market analysis from Alice Blue
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...
The Bank Nifty ended the week at 55,149.40, slipping -0.35%. 🔹 Key Levels for the Upcoming Week 📌 Price Action Pivot Zone: 55,032 to 55,267 – This blue-shaded range is the key area to watch. A breakout on either side could decide next week’s trend direction. 🔻 Support Levels S1: 54,679 S2: 54,207 S3: 53,739 🔺 Resistance Levels (From Chart): R1: 55,621 R2:...
The Nifty 50 ended the week at 24,870.10, gaining +0.97%. 🔹 Key Levels for the Upcoming Week 📌 Price Action Pivot Zone: 24,792 to 24,949 – This is the critical zone to watch. A decisive move beyond either side may dictate next week’s trend. 🔻 Support Levels S1: 24,553 S2: 24,236 S3: 23,936 🔺 Resistance Levels R1: 25,187 R2: 25,505 R3: 25,887 📊 Candle...
Fundamental Overview Dr. Reddy’s Laboratories Ltd. (NSE: DRREDDY) is one of India’s leading pharmaceutical companies with a strong global presence across generics, active pharmaceutical ingredients (APIs), biosimilars, and specialty medicines. The company’s diversified portfolio across the U.S., India, Russia, and emerging markets helps cushion against regional...
Here’s a clean, volume-based trading plan using the zones we identified. Numbers use your latest data (LTP ≈ ₹521.55 on 19-Aug-2025). On 19-Aug close at ₹522.05, price was just below the heavy resistance band (₹528–532). If in the next session(s) price closes above ₹532 with volume, that confirms a resistance breakout and flips the current structure into bullish...
As of August 18, 2025, Indian equities closed the truncated week on a positive note: Nifty gained 1.10% and Sensex rose 0.93%, even as FPIs were net sellers to the tune of $348 million. Sectoral Performance (Weekly) Top gainers: Healthcare (+3.60%), Automobiles (+2.74%), Defence (+2.59%), Digital (+2.36%), Mobility (+2.25%). Broad strength: 17 of 20...
🔍Technical Analysis Hindalco Industries created its all-time high at ₹772 by October 2024, establishing a significant resistance level. From this peak, the stock experienced a sharp correction falling to ₹550 levels, representing a substantial 29% decline from the highs. The turnaround moment came with positive FY25 results that sparked renewed investor...
🔍Technical Analysis HBL Engineering has showcased remarkable technical progression over the past 2+ years. The stock crossed ₹100 levels in June 2022 and embarked on an extraordinary journey, surging directly to ₹724 by August 2024 - representing a phenomenal 7.2x growth in just over 2 years. The ₹724 all-time high level acted as formidable resistance multiple...
🔍Technical Analysis Alkem Laboratories has demonstrated a remarkable 10-year growth trajectory, steadily climbing from ₹1,100 levels to reach an all-time high of ₹6,440 by September 2024. This represented an exceptional 5.8x growth over the decade. Post the peak, the stock witnessed a sharp correction falling to ₹4,500 levels - a critical juncture that proved...
🔍Technical Analysis TVS Motor has delivered an extraordinary multi-decade performance journey. From trading around ₹250 during COVID-2020, the stock staged a phenomenal super bullish rally reaching ₹2,958 by September 2024 - its previous all-time high that acted as strong resistance. Post this peak, the stock corrected to ₹2,200 levels before making another...