Get started

Bullishbreakout

Trident Ltd. Price Analysis (as of May 23, 2025)#### **Current Price and Recent Movement** - **Latest Price:** ₹32.11 (down 2.32% from the previous close) . - **1-Week Return:** +9.29% - **1-Month Return:** +9.11% - **1-Year Return:** -15.39% - **3-Year Return:** -32.89% #### **Technical Analysis** - **Buy Signal:** A 200-day moving average crossover occurred on May 21, 2025. Historically, this signal has led to an average gain of 6.61% within 30 days . - **Momentum Indicators:** - **RSI:** 62.17 (shows moderate bullish momentum) - **MACD:** 0.535 (bullish signal) - **Stochastic:** 75.40 (approaching overbought zone) - **Supertrend:** 26.03 (bullish) - **ROC:** 10.87 (positive momentum) - **Analyst Sentiment:** 100% of analysts currently recommend a "Buy" with an average target price of ₹38, indicating a potential upside of ~15.6% . #### **Fundamental Overview** - **P/E Ratio:** 44.50–45.65 (well below the industry average of 126.09, but still high relative to earnings growth) - **Price-to-Book Ratio:** 3.62–3.88 - **Dividend:** Announced ₹0.5 per share (record date: May 27, 2025) . - **Net Profit Margin:** 5.78% (FY24) - **Return on Equity:** 9.04% (FY24) - **Debt/Equity:** 0.48 (moderate leverage) - **Intrinsic Value Estimate:** ₹9.73 (suggests current price is at a premium to intrinsic value) #### **Recent Financial Performance** - **Q3 FY25 Revenue:** ₹1,667.09 crore (down 9.17% YoY) - **Profitability:** Net profit/share for FY24 was ₹0.76, down from ₹0.83 in FY23 - **Expense Management:** Interest expense is low at 1.86% of operating revenue; employee cost is 13.2% #### **Strengths** - Strong technical momentum and recent bullish crossover. - Consistent dividend payout. - Low interest expense and moderate leverage. #### **Weaknesses** - Declining revenue and profit over the last few quarters. - High valuation relative to earnings and intrinsic value. - Long-term returns have been negative over 1 and 3 years. #### **Outlook** Analysts remain bullish in the short term, buoyed by technical signals and an expected price target of ₹38 . However, fundamental concerns such as declining profits, high P/E, and premium to intrinsic value warrant caution for long-term investors. --- **Summary:** Trident Ltd. is showing short-term bullish momentum with positive technical indicators and analyst sentiment. However, investors should be cautious due to weak long-term performance, high valuation, and recent declines in revenue and profit .
NSE:TRIDENTLong
by KamalKJoshi
FSL price actionFirstsource Solutions Ltd (FSL) on the NSE is trading at ₹385.55 as of May 23, 2025 . The stock has shown strong performance over the past year, with a return of 87.31% and a five-year return exceeding 1,100% . FSL’s 52-week high is ₹422.30, while the 52-week low is ₹176.25 . Recent price action shows that after peaking near its all-time high in January 2025, FSL corrected but has since rebounded sharply from the ₹320–₹330 range in early May to the current levels. Trading volumes have been robust during this rally, indicating strong market participation. Technically, FSL is in a bullish trend, but short-term volatility remains high. Key support is seen around ₹355–₹360, while resistance is near ₹385–₹422. Sustained trading above ₹385 could open the way for a retest of the all-time high. The stock is considered high risk, being over three times as volatile as the Nifty index . Fundamentally, FSL reported a 29.4% year-on-year revenue growth in Q4 FY25, driven by its healthcare and banking verticals. The company is focusing on client diversification and operational efficiency, with a projected 12–15% revenue growth for FY26. Its P/E ratio is 43.34 and P/B ratio is 6.96, both above the sector average, reflecting premium valuations . In summary, FSL is in a strong uptrend with positive momentum and robust financial performance, but short-term volatility and premium valuations warrant cautious optimism for new investors .
NSE:FSLLong
by KamalKJoshi
ASTRAL price action analysis Astral Ltd (ASTRAL) has shown a mix of volatility and recovery in May 2025. After a sharp decline earlier in the month, the stock rebounded, with recent prices moving from the ₹1,330–₹1,350 range up to ₹1,377.70 as of May 21, 2025. The trading volumes have remained strong, indicating active participation from both buyers and sellers. Technically, Astral is trading above its short-term volume-weighted average price (VWAP) of around ₹1,362.9, which is a positive sign for near-term momentum . The price action over the past week has included both sharp drops and quick recoveries, suggesting a tug-of-war between bulls and bears. Oscillators and moving averages currently indicate a neutral to mildly bullish setup, with the stock having recovered from oversold levels seen earlier in May. Astral’s 52-week high is ₹2,454, and the 52-week low is ₹1,232, showing that the current price is closer to the lower end of its yearly range . The price-to-earnings (P/E) ratio remains high (around 70), and the price-to-book (P/B) ratio is also elevated, reflecting premium valuations . The company’s fundamentals remain strong, but the high valuation and recent volatility suggest that further upside may require continued earnings growth or positive sector developments. In summary, Astral is currently in a recovery phase after recent volatility. The technical outlook is neutral to slightly positive as long as the stock holds above the VWAP and key short-term support levels. Investors should watch for sustained moves above ₹1,380–₹1,400 for confirmation of renewed bullish momentum, while a drop below ₹1,350 could signal renewed weakness.
NSE:ASTRALLong
by KamalKJoshi
KSCL chart analysisKaveri Seed Company Ltd (KSCL) has recently experienced significant volatility. After reaching a peak above ₹1,480 in mid-May 2025, the stock corrected sharply, falling to the ₹1,305–₹1,345 range by May 16, marking a notable pullback of nearly 9% in a single session. Trading volumes have been high, indicating strong market participation during both the rally and the subsequent sell-off. From a technical perspective, KSCL’s price remains above its 50-day, 100-day, and 200-day exponential moving averages, which suggests that the longer-term trend is still bullish. However, momentum indicators such as the Relative Strength Index (RSI) and Commodity Channel Index (CCI) are both in oversold territory, signaling that the recent correction may have been overdone and that a technical bounce could be possible if market sentiment improves. The Moving Average Convergence Divergence (MACD) is below its signal line, and the Average Directional Index (ADX) indicates the presence of a short-term downtrend. Immediate support for KSCL is seen around ₹1,232, with further support at ₹1,174 and ₹1,116. On the upside, resistance is expected near ₹1,399, then at ₹1,457 and ₹1,515. The near-term pivot area is around ₹1,340–₹1,350. Recent company developments—including the acquisition of a 30% stake in Aditya Agri Tech Pvt Ltd and the release of Q4 and FY25 results—may be influencing the current price action. The company has also been working to address challenges in receivables management, which could impact future performance. In summary, KSCL is in a corrective phase after a strong rally, with oversold technical indicators suggesting potential for a short-term rebound if support holds. However, the short-term trend remains down, so traders should watch for stabilization above key support levels before considering new long positions. The longer-term outlook stays positive as long as the price remains above major moving averages, but caution is advised due to ongoing volatility and bearish momentum signals.
NSE:KSCLLong
by KamalKJoshi
## NORTHARC Price Action Analysis ### **Recent Price Performance** - **Current Price:** As of the latest available data, Northern Arc Capital Ltd (NORTHARC) is trading around ₹208–213. - **Volatility:** The stock is showing a volatility of about 4.14% with a beta of 1.37, indicating higher-than-market volatility. - **52-Week Range:** The price has ranged from a low of ₹141.47 (April 7, 2025) to a high of ₹350.00 (September 24, 2024). - **Recent Trend:** NORTHARC has fallen by about 8% over the past week but is up nearly 14% over the past month. Over the last year, the stock is down 39% from its highs. ### **Technical Indicators** #### **Moving Averages** - **Short-term (20-day EMA/SMA):** Price is near or slightly below the 20-day EMA (₹201.94) and SMA (₹201.11), both indicating a neutral trend. - **Medium-term (50-day EMA/SMA):** The price is below the 50-day EMA (₹216.61) and SMA (₹218.06), also signaling a neutral to weak trend. #### **Oscillators** - **RSI (14):** 34.43, indicating a downtrend and approaching oversold territory . - **Stochastic RSI (14):** 0.41, signaling a strong downtrend. - **CCI (14):** -97.09, also confirming a downtrend . - **MFI:** 25.56, suggesting strong selling pressure and a strong downtrend. #### **Support and Resistance Levels** - **Immediate Support:** ₹188.54 - **Key Support:** ₹185.85, ₹181.19 - **Immediate Resistance:** ₹195.89 - **Next Resistance:** ₹200.55, ₹203.24 - **Pivot Level:** ₹193.2 ### **Order Book and Liquidity** - **Order Book:** There is active buying interest around ₹207–208 and selling interest around ₹210–215, indicating a tight trading range and liquidity at current levels. - **Volume:** Trading volume is robust, with recent daily volumes exceeding 1.6 million shares. ### **Fundamental and Event Context** - **Recent One-Time Provision:** NORTHARC recorded a significant one-time provision (impairment of ₹1,200 crore) in Q4 FY25, sharply reducing reported profits. Excluding this, underlying business performance was strong, and some analysts expect a rebound in the coming months. - **Valuation:** The stock is trading at a price-to-book (P/B) ratio of 1.02 and a trailing P/E of 9.49, both below the sector average, suggesting attractive valuations if underlying fundamentals remain stable. ### **Technical Summary** - **Overall Technical Rating:** Mixed signals. Moving averages are neutral, but oscillators indicate a downtrend and possible oversold conditions. - **Short-Term Outlook:** The stock is near key support levels, with oscillators hinting at potential for a technical bounce if selling pressure abates. However, sustained weakness below ₹188 could trigger further downside. - **Medium-Term Outlook:** Recovery potential exists if the stock holds above support and market absorbs the impact of the one-time provision. --- **In summary:** NORTHARC is currently consolidating near its recent lows, with technical oscillators in a downtrend but approaching oversold territory. The price is below key moving averages, and significant support exists around ₹185–188. The stock may see a technical bounce if support holds, but further downside is possible if it breaks below these levels. The impact of the recent one-time provision is a key factor, with some market participants expecting a rebound as fundamentals normalize.
NSE:NORTHARCLong
by KamalKJoshi
Bullish Signal with EMA Crossover and TTM SqueezeESCORTS (2.64%) Bullish Signal with EMA and TTM Squeeze Breakout ESCORTS shows a promising bullish setup, with a Strong Bullish Candle and an EMA 200 Crossover signaling a potential long-term trend reversal. The RSI Breakout and Bollinger Band Breakout further confirm the bullish outlook. A TTM Squeeze breakout also indicates increasing volatility, which could propel the stock further upwards. Resistance Levels: 3482-3517-3572 Support Levels: 3392-3338-3302 Entry: @/above 3463.20 Stop Loss: @/below 3244.80 Volume Analysis: Volume has been increasing steadily, with higher than the average volume of 115.43K on 23rd April. This shows increased investor activity and potential momentum building.
NSE:ESCORTSLong
by simpletradewithpatience
## CreditAccess Grameen (CREDITACC) Share Price Analysis- As of May 2, 2025, CreditAccess Grameen (CREDITACC) traded around ₹1,121–₹1,145, which is approximately 52% above its 52-week low of ₹750.20 (set in January 2025), but below its 52-week high of ₹1,551.95 (set in June 2024) . - The stock has shown volatility over the past year, with a notable decline from its peak, reflecting both sector trends and company-specific events . **Valuation and Financial Metrics** - **P/E Ratio (TTM):** 20.3–21.2, indicating moderate valuation relative to earnings . - **Book Value:** ₹438 per share, with the stock trading at about 2.6 times book value, which is considered on the higher side for the sector . - **Dividend Yield:** Around 0.86–0.89%, with recent dividend payouts . - **Return on Equity (ROE):** 24.8% (latest year), reflecting strong profitability . - **Return on Capital Employed (ROCE):** 14.8% . **Growth and Profitability** - The company has delivered robust profit growth (35% CAGR over the last 5 years) and strong median sales growth (31.6% over 10 years) - However, profit growth has turned negative in the trailing twelve months (-35%), primarily due to higher provisioning and write-offs in recent quarters - The company reported a loss of ₹99.5 crore in Q3 FY25, mainly due to early risk recognition, conservative provisioning, and accelerated write-offs, but management expects this to safeguard future profitability as growth normalizes **Operational Highlights** - **Assets Under Management (AUM):** Grew by 6.1% YoY to ₹24,810 crore in Q3 FY25 - **Borrower Base:** Increased by 2.4% YoY to 48.05 lakh customers - **Branch Network:** Expanded by 8.7% YoY to 2,059 branches - **Collection Efficiency:** Remained robust at 93.3% (excluding arrears) and 94.1% (including arrears), with improving trends - **Asset Quality:** PAR 90+ at 2.64%, NNPA at 1.28%, indicating some stress but manageable levels - **Capital Adequacy:** CRAR at 25.9%, reflecting a strong capital position **Strengths and Risks** **Strengths:** - Consistent long-term growth in profits and sales - Strong capital position and liquidity buffer - High collection efficiency and expanding branch network **Risks/Concerns:** - Recent decline in promoter holding (-7.42% over three years) - Low interest coverage ratio, suggesting higher financial risk - Elevated provisioning and write-offs impacting near-term profitability - Stock is trading at a premium to book value, which may limit upside if growth slows **Relative Performance** - Over the past year, the stock is down 24%, underperforming the broader market, but over five years, it has delivered a 154% return, broadly in line with sector peers - In the short term (last three months), the stock has rebounded by about 13% from its lows ## Summary CreditAccess Grameen remains a leading NBFC-MFI with a strong track record of growth and profitability. While recent quarters have seen a dip in profits due to prudent risk management and provisioning, the company’s fundamentals-such as robust capital adequacy, liquidity, and operational scale-remain intact. The stock is moderately valued but carries risks related to asset quality and sector volatility. Investors should watch for normalization of growth and profitability in upcoming quarters, as indicated by management
NSE:CREDITACCLong
by KamalKJoshi
Strong Bullish Momentum and Volume SurgeAUBANK (8.41%) Bullish Momentum Building AUBANK is showing promising bullish signs across several technical indicators. A Bullish Marubozu candlestick has formed, complemented by an RSI Breakout, signaling a shift toward bullish momentum. The stock has broken out of the Bollinger Bands, with VWAP and Volume confirming the strength of this move. Resistance Levels: 684-702-733 Support Levels: 634-602-584 Entry: @/above 669.90 Stop Loss: @/below 590.75 Volume Analysis: A significant volume breakout was observed on April 23rd, surpassing the average volume of 4.65M, suggesting strong market interest and buying power.
NSE:AUBANKLong
by simpletradewithpatience
Bullish Momentum with RSI and Bollinger BreakoutMOTILALOFS (6.16%) Bullish Trend and Breakout MOTILALOFS is showing strong bullish momentum, with a Bullish Marubozu candlestick signaling the continuation of upward momentum. The RSI Breakout and Bollinger Band Breakout both point to an increase in buying pressure. The volume has seen a notable uptick, confirming the strength of the bullish move. Resistance Levels: 787-805-834 Support Levels: 740-711-693 Entry: @/above 775.95 Stop Loss: @/below 653.65 Volume Analysis: Volume has been significantly higher than average, with a noticeable volume of 8.29M on 23rd April. This suggests that institutional or large players might be entering the stock.
NSE:MOTILALOFSLong
by simpletradewithpatience
Bullish Breakout SetupSONACOMS (5.95%) Bullish Setup Alert We are seeing a strong bullish signal for SONACOMS, with multiple key indicators aligning for a potential breakout. A Bullish Marubozu candlestick has formed, indicating strong bullish momentum. Additionally, the RSI has broken out, signaling increasing buying strength. The SuperTrend and VWAP both confirm bullish sentiment, while the TTM Squeeze suggests a volatility breakout in the making. Resistance Levels: 488-497-515 Support Levels: 461-444-434 Entry: @/above 479.85 Stop Loss: @/below 448.30 Volume Analysis: Volume has been robust, which could suggest accumulation and increased market interest.
NSE:SONACOMSLong
by simpletradewithpatience
ERIS Lifesciences Share Price AnalysisEris Lifesciences is currently trading in the range of ₹1,371 to ₹1,474, with the latest reported price at ₹1,474.20 as of April 23, 2025. The stock has shown strong performance over the past year, delivering a return of approximately 57%. Over the last three months, the stock is up about 9%, though it has seen a slight dip of 0.57% in the past month. **Valuation and Fundamentals** Eris Lifesciences trades at a price-to-earnings (P/E) ratio of 57.13, which is high for the sector, and a price-to-book (P/B) ratio of 4.53. The company’s earnings per share (EPS) stands at 29.19, and its return on equity (ROE) is 12.63%, indicating moderate profitability. The market capitalization is approximately ₹18,831 crore . The dividend yield is negligible, suggesting the company focuses more on growth than on returning cash to shareholders. **Analyst Sentiment and Targets** Analyst sentiment is strongly positive, with nearly 89% recommending a buy and the remainder suggesting hold; there are no sell recommendations. The average long-term price target from analysts is ₹1,512.56, indicating modest upside from current levels. **Technical and Trading Overview** The stock has recently traded near its upper circuit of ₹1,659.60, with a lower circuit at ₹1,106.40, reflecting a relatively wide trading band and potential for volatility. Recent trading volumes have been healthy, supporting the current price momentum. **Summary** Eris Lifesciences has delivered strong returns over the past year and is viewed positively by analysts. However, its high P/E ratio suggests the stock is priced for continued growth, and the lack of dividend yield may not appeal to income-focused investors. The technical outlook is stable, with the stock trading near its highs and supported by robust trading activity.
NSE:ERISLong
by KamalKJoshi
NTPC price analysisNTPC is currently trading around ₹360, having shown a modest gain of about 4% over the past year. The stock reached its all-time high of ₹448.45 in September 2024 and has since pulled back, with recent price action reflecting some consolidation after a strong multi-year rally . Over the last month, NTPC has delivered a positive return of approximately 2.5%, indicating some short-term strength despite a slight decline of nearly 1.8% in the past week. Fundamentally, NTPC remains a large-cap, stable utility with a market capitalization near ₹3.5 lakh crore and a price-to-earnings (PE) ratio of about 15.9, which is below the industry average, suggesting reasonable valuation. The company boasts a healthy dividend yield of 2.5%, and its return on equity (ROE) stands at 13.1%. Promoter holding remains steady at 51.1%, and the company continues to report strong profits, with net profit for the latest fiscal year exceeding ₹20,000 crore. Analyst sentiment is generally positive, with some brokerages forecasting up to 35% further upside from current levels and price targets ranging between ₹305 and ₹500 for 2025. Technical indicators and historical trends show NTPC often delivers positive returns in April, with an average gain of about 3% for the month In summary, NTPC is viewed as a fundamentally sound, dividend-paying stock with moderate growth prospects and reasonable valuation. While the stock is off its recent highs, the outlook remains constructive, supported by positive earnings, stable fundamentals, and favorable long-term forecasts from analysts
NSE:NTPCLong
by KamalKJoshi
1
## TORNTPHARM Price AnalysisTorrent Pharmaceuticals (TORNTPHARM) is currently trading near ₹3,254, maintaining a strong uptrend over the past several years. The stock has delivered a return of approximately 165% from July 2020 to November 2024, including a stock split, highlighting its consistent long-term growth. **Valuation and Fair Value** TORNTPHARM is trading well above its estimated intrinsic value. Independent valuations suggest a fair value in the range of ₹1,560 to ₹1,940 per share, meaning the current market price is overvalued by about 40%. The price-to-earnings (PE) ratio stands at approximately 59–66, which is significantly higher than the sector average of around 49, indicating a premium valuation. The price-to-book (PB) ratio is also elevated at 16, compared to the sector average of 6.29. **Recent Performance** The stock has shown positive momentum in the short term, with returns of 3.5% over the past week and 5.7% over the past month. Over the last year, TORNTPHARM has gained nearly 28%, and over three years, the return is more than 128%. Despite some volatility, the stock has outperformed many of its peers and the broader market. **Fundamental Trends** Torrent Pharma’s India business, which constitutes the bulk of its revenue, grew by 12% in Q3 FY25, driven by strong performance in branded generics. However, the company faces challenges in international markets, particularly the US, due to regulatory headwinds and pricing pressures. Revenue growth over the past five years has averaged 7% annually, slightly below the industry average, but net income growth has been robust at over 30% per year, outpacing peers. **Analyst Outlook** Analysts have a moderately positive outlook, with a one-year price target averaging around ₹3,600, and a range between ₹2,959 and ₹4,200 . About 68% of analysts currently rate the stock as a buy. **Dividend and Market Cap** The dividend yield is 0.86%, which is above the sector average, and the company’s market capitalization is approximately ₹1.1 lakh crore, placing it among the larger players in the Indian pharmaceutical sector. **Summary** TORNTPHARM has demonstrated strong long-term price appreciation and profitability, but it is currently trading at a significant premium to its estimated intrinsic value. Short-term technicals are mixed, with some bullish undertones, but caution is warranted due to high valuation multiples. The company’s growth is primarily driven by its domestic business, while international operations face ongoing challenges. Analyst sentiment remains positive, but the upside may be limited unless earnings growth accelerates or valuation multiples contract.
NSE:TORNTPHARMLong
by KamalKJoshi
MAXHEALTH Price Chart Analysis**Current Price and Recent Performance** - As of the latest available data, Max Healthcare Institute Ltd (MAXHEALTH) is trading around ₹1,084.40, showing a 0.64% increase in the past 24 hours - The stock hit a high of ₹1,095.00 and a low of ₹1,066.50 in the most recent trading session, with an average traded price of ₹1,075.13 - Over the past week, the stock is down by 0.97%, but it has risen 8.23% over the past month and 30.78% over the last year **Historical Price Levels** - MAXHEALTH reached its all-time high of ₹1,227.95 on January 8, 2025 - The all-time low was ₹97.15, recorded on November 12, 2020 **Analyst Forecasts and Valuation** - Analyst price targets range from a minimum of ₹615.00 to a maximum of ₹1,390.00 - The stock is trading at a price-to-earnings (PE) ratio of 100.12 and a price-to-book (PB) ratio of 12.59, which is higher than the sector averages (sector PE: 47.87, sector PB: 6.12) - Dividend yield is low at 0.14% **Technical and Volatility Insights** - MAXHEALTH is 2.61 times as volatile as the Nifty index, indicating higher price swings. - The 50-day moving average (DMA) is at ₹1,062, suggesting the current price is above this technical support level. MAXHEALTH's valuation is high compared to peers, reflecting strong investor expectations **Fundamental Performance** - Revenue has grown at a compound annual rate of 27.47% over the last five years, outpacing the industry average of 10.01% - Net profit for FY 2023-24 was ₹687 crore, with a slight decline of 1.02% compared to the previous year, despite a 22.93% rise in revenue. - Promoter and institutional holdings have remained stable in recent quarters **Summary** MAXHEALTH has demonstrated robust long-term price appreciation and revenue growth, with a recent pullback from its all-time high. The stock trades at a premium valuation relative to sector peers, reflecting high growth expectations. Technicals show the stock is above key moving averages, and volatility remains elevated. Analyst targets suggest a broad range of possible outcomes, with the consensus leaning toward further upside, but caution is warranted due to the high valuation and recent profit stagnation
NSE:MAXHEALTHLong
by KamalKJoshi
Som Distilleries & Breweries Ltd (SDBL) Price Analysis - **Current Price:** ₹156.00 (all-time high as of April 22, 2025) - **Day’s Range:** ₹127.66 – ₹143.40 - **Previous Close:** ₹128.38 - **Volume:** 13.36 million (well above 20-day average of 1.34 million) - **52-Week Range:** ₹95.61 – ₹148.90 (new all-time high today) - **VWAP:** ₹137.86 - **Market Cap:** ₹2,931 crore ### **Trend & Momentum** - SDBL has surged sharply, breaking out to a new all-time high with exceptionally high volume, indicating strong bullish momentum - The stock has rallied over 20% in a single session, moving far above recent resistance levels and its VWAP - Technical patterns suggest a bullish formation with potential for further upside, possibly another 10% move, according to chartists ### **Support & Resistance** - **Immediate Support:** ₹143.40 (today’s high), then ₹127.66 (today’s low), and ₹128.38 (previous close) - **Resistance:** With a new all-time high at ₹156.00, the stock is in price discovery; next resistance will form as the stock trades higher ### **Valuation** - **TTM PE:** 30.48 (sector PE: 88.54) - **P/B:** 4.75 - **EPS (TTM):** ₹4.67 (+5.28% YoY) - **Book Value per Share:** ₹30.02 ### **Outlook** - **Short-Term:** The breakout and volume spike suggest continued bullishness. However, after such a sharp rally, some profit booking or volatility is possible. - **Medium-Term:** Sustained trade above ₹143–₹148 keeps the trend positive. Watch for consolidation near new highs before the next leg up. - **Downside Risk:** If the stock falls below ₹143, it may retest support around ₹128–₹130
NSE:SDBLLong
by KamalKJoshi
### ICICI Bank Price Analysis (April 11, 2025)### ICICI Bank Price Analysis (April 11, 2025) #### **Current Price and Recent Trends** - **Latest Price (April 8, 2025):** ₹1,299.90 - **Intraday Movement (April 8, 2025):** - **Open:** ₹1,299.85 - **High:** ₹1,310.05 - **Low:** ₹1,287.35 - **Close:** ₹1,299.90 (+0.96% from the previous close). - **52-Week Range:** ₹1,186.00 – ₹1,373.00 #### **Performance Metrics** - **Short-Term Trends:** - April 7, 2025: Declined by -3.58% to ₹1,287.55. - April 4, 2025: Rose by +0.43% to ₹1,335.30. - **Medium-Term Trends:** - March saw fluctuations between ₹1,311 and ₹1,373. - **Long-Term Trends:** - ICICI Bank has shown consistent growth over the past year, supported by strong fundamentals. #### **Fundamental Insights** - ICICI Bank remains one of the top-performing private sector banks in India: - **Market Cap:** Over ₹9 lakh crore. - **P/E Ratio:** Competitive compared to peers in the banking sector. - **Strong Asset Quality:** Stable NPA ratios and robust loan growth. #### **Technical Analysis** - **Support Levels:** ₹1,287 (recent low) and ₹1,265 (strong support from April trends). - **Resistance Levels:** ₹1,310–₹1,320 (near-term resistance). - **Moving Averages:** - Trading slightly below the SMA20 but above SMA50 indicates potential consolidation before further movement. - **Momentum Indicators:** - RSI suggests neutral momentum with room for upward movement if market sentiment improves. #### **Sector Outlook** The banking sector is expected to benefit from: - Increased credit growth due to economic recovery. - Stable interest rate environment supporting profitability. #### **Strengths** 1. Consistent performance despite market volatility. 2. Strong fundamentals with diversified revenue streams. 3. Resilient asset quality and loan book growth. #### **Weaknesses** 1. Short-term volatility due to global banking uncertainties. 2. Resistance near ₹1,310 may limit upside in the immediate term. ### Conclusion: ICICI Bank remains a strong long-term investment option due to its robust fundamentals and leadership in the private banking space. However, short-term traders should monitor resistance levels around ₹1,310 and support near ₹1,287 for trading opportunities.
NSE:ICICIBANKLong
by KamalKJoshi
### Bajaj Finance Price Analysis (April 11, 2025)### Bajaj Finance Price Analysis (April 11, 2025) #### **Current Price and Recent Trends** - **Latest Price:** ₹8,727.10 (as of April 9, 2025) - **Intraday Movement (April 4, 2025):** - **Open:** ₹8,656.00 - **High:** ₹8,797.00 - **Low:** ₹8,583.80 - **Close:** ₹8,718.85 - **52-Week Range:** ₹6,500 – ₹9,974 #### **Performance Metrics** - **Short-Term Returns:** - Past Week: -4.48% - Past Month: +0.85% - **Medium-Term Returns:** - Past 3 Months: +17.71% - Past 6 Months: +20.90% - **Long-Term Returns:** - Past Year: +19.71% - Past 5 Years: +286.93% #### **Fundamental Insights** - **Market Cap:** ₹543,171 crore - **P/E Ratio:** 33.85 (TTM) - **Dividend Yield:** 0.42% - **ROCE (Return on Capital Employed):** 11.14% - **Assets Under Management (AUM):** Grew by 26% YoY to ₹416,750 crore as of March 31, 2025 #### **Sector and Peer Comparison** - Bajaj Finance is the top performer in the financial services sector with a robust YTD return of +29% as of April 8, 2025 - Peers like SBI Cards (+27%) and Aavas Financiers (+24%) also showed strong growth due to prudent asset management and loan growth #### **Technical Indicators** - **Moving Averages:** - Price is above the SMA20 (₹8,651), indicating bullish momentum . - **Bollinger Bands:** - Upper Band: ₹9,149 - Lower Band: ₹8,153 - The stock is trading near the upper range of Bollinger Bands, suggesting potential resistance at higher levels . - **Momentum Indicators:** - RSI: BUY signal with strong momentum. - MACD: BUY signal for short-term gains. - **Volume Analysis:** High trading volume indicates strong investor interest but also suggests selling pressure building up in the short term . #### **Strengths** 1. Strong revenue growth driven by a diversified lending portfolio across retail, SME, and commercial customers. 2. Robust YTD returns (+29%), outperforming peers and sector indices . 3. Consistent growth in AUM (+26% YoY) and deposits (+19% YoY) . #### **Weaknesses** 1. High P/E ratio (33.85) suggests overvaluation compared to historical averages and peers. 2. Short-term price volatility (-4.48% in the past week) indicates potential consolidation or correction. #### **Outlook and Forecast** - Analysts expect continued growth driven by strong customer additions (+4.7 million in Q4 FY25) and increased loan disbursements. - Resistance levels are near ₹9,000–₹9,100; support levels are around ₹8,600–₹8,700. - Long-term investors may benefit from holding due to consistent performance and robust fundamentals. ### Conclusion: Bajaj Finance remains a leader in the financial services sector with strong growth metrics and solid fundamentals. However, its high valuation and recent price volatility suggest caution for short-term traders while offering long-term potential for investors focused on consistent returns and sector leadership.
NSE:BAJFINANCELong
by KamalKJoshi
Sun Pharma's Inverse Head and Shoulders: Bullish Setup Ahead!Hello Traders! Today, we’re taking a look at Sun Pharmaceutical and a potential Inverse Head and Shoulders pattern that's setting up on the chart. This pattern is a classic bullish reversal setup that indicates the stock could be gearing up for an upward move, especially if the neckline breakout gets confirmed. The price has already formed the left shoulder , the head , and now we’re watching the right shoulder develop. Once the neckline breakout happens, we’ll have a solid confirmation of the bullish move. This would give us an opportunity for fresh entries, while those already in the trade can hold their positions with a trailing stop loss . A piercing line candlestick pattern is also forming, showing increased buying interest at the right shoulder , adding more confidence to this setup. For the entry, keep an eye on the range around 1730-1713 , with a stop loss set at 1684 to protect from unexpected moves. The targets for this trade are 1748 for short-term gains, 1792 for medium-term moves, and the final long-term target of 1587 . If this pattern confirms, we could see a nice rally in Sun Pharma . Let’s stay sharp and manage risk effectively as we watch this pattern unfold! Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:SUNPHARMALong
by TraderRahulPal
1
### Maharashtra Seamless Ltd (MAHSEAMLES) Price Analysis #### **Current Price and Trends** - **Latest Price:** ₹704.55–₹736.85 (varies by source, reflecting intraday fluctuations) - **52-Week Range:** ₹562.65 – ₹964.35 - **Market Cap:** ₹9,143–₹9,149 crore #### **Recent Performance** - **Q3 FY25 Results:** - Revenue increased 2% YoY, driven by higher seamless pipe dispatches. - Profit declined due to lower treasury returns - **Order Book Stability:** ₹1,500–2,000 crore, supported by demand in oil/gas and manufacturing sectors #### **Technical Outlook** - **Risk Profile:** Moderate (2.72x volatility vs Nifty) - **Entry Point:** Stock appears underpriced with P/B and P/E ratios below sector averages #### **Strengths** 1. **Undervaluation:** P/E and P/B ratios are significantly lower than sector averages 2. **Dividend Consistency:** 1.47% yield, higher than sector average . 3. **Operational Resilience:** Stable order book and improved dispatches in Q3 FY25 #### **Weaknesses** 1. **Profit Decline:** PAT fell due to treasury returns and margin pressures 2. **Volatility:** Stock has seen significant price swings (52-week range: ~₹400 difference) ### Summary: Maharashtra Seamless shows **value potential** with attractive valuation ratios and stable demand in core sectors. However, recent profit declines and market volatility warrant caution. Investors should monitor quarterly earnings (next announcement: April 29, 2025) and global commodity trends.
NSE:MAHSEAMLESLong
by KamalKJoshi
MRPL (NSE: MRPL) given a strong breakout above the falling wedgeMRPL (NSE: MRPL) has given a strong breakout above the falling channel , signaling a trend reversal from a prolonged downtrend to a fresh uptrend. The stock had been consolidating inside a downward sloping channel for nearly 10 months and has now closed above the upper resistance line of the channel with a solid 15% gain on high volume — a textbook breakout confirmation. All important levels have been marked on the chart. Looking at the price structure and momentum, there's a high probability that MRPL can head towards ₹168 , and if momentum sustains, eventually towards ₹243 and ₹285 . Support Levels: 🔹 ₹135 – Recent breakout zone 🔹 ₹118 – Previous resistance turned support 🔹 ₹100 – Strong demand zone (marked in green as “Strong Support Zone” on chart) Resistance Levels: 🔹 ₹140 – Minor hurdle 🔹 ₹150 – Psychological round level 🔹 ₹168 – Target 1 (short-term) 🔹 ₹243 – Target 2 (medium-term) 🔹 ₹285 – Target 3 (long-term) Reasons: ✅ Breakout from 10-month falling channel ✅ RSI above 60, showing strength ✅ Volume spike confirms institutional participation ✅ Clean higher-low structure forming ✅ Price is above 50 EMA and heading towards 200 EMA Verdict: Bullish Plan of Action: Enter on retest of ₹135–₹140 zone or on sustained strength above ₹140. BUY: ₹140 Stoploss: ₹118 Target 1: ₹168 Target 2: ₹243 Target 3: ₹285 Trailing SL: ₹10–₹15
NSE:MRPL
by finnova_
VA TECH WABAG LTD (NSE: WABAG) is about to break to the upsideRight now, it is completing a descending trendline breakout, which is a bullish pattern. The stock has been consolidating for the past 4 months in a corrective phase and is now attempting a strong breakout. All important levels have been marked on the chart. Looking at the chart, we can say that if the price sustains above the breakout level, there is a high probability that the stock will reach the ₹1,922 target. For the past few days, volume has also been quite good. If we enter the stock at ₹1,463, we can achieve the target with Risk: Reward :: 1 : 2.63. Support Levels: 🔹 ₹1,315 – Strong support zone 🔹 ₹1,182 – 50% Fibonacci retracement support 🔹 ₹1,007 – 61.8% Fibonacci support level (Golden Ratio) Resistance Levels: 🔹 ₹1,482 – Immediate breakout level 🔹 ₹1,573 – Fibonacci 23.6% retracement resistance 🔹 ₹1,922 – Final target zone Reasons: ✅ Consolidation for 4 months, leading to a strong breakout setup ✅ Descending Trendline Breakout ✅ Support at ₹1,315 holding strong ✅ Wait for RSI to cross 65 for confirmation ✅ Successful breakout attempt after a corrective phase ✅ High volume surge, indicating strong buying interest ✅ Price > 50-day & 200-day EMA (bullish signal) Verdict: Bullish Plan of Action: Enter once the breakout is confirmed to the upside. BUY: ₹1,463 Stoploss: ₹1,315 Target: ₹1,922 Trailing SL: ₹50
NSE:WABAG
by finnova_
The Ascending Triangle Pattern: A Bullish Continuation GuideHello Traders! In today's post, we’ll explore the Ascending Triangle Pattern , one of the most reliable bullish continuation patterns that traders look for during uptrends . It’s an important tool for identifying potential breakout points in trending markets. If you want to learn how to trade these breakouts effectively, mastering the Ascending Triangle is essential. Chart Pattern: The Ascending Triangle is a strong bullish continuation pattern. In the case of ASIAN PAINTS LTD , we see the price action forming a flat resistance at the top and a rising upward sloping support at the bottom, indicating that the bulls are gradually taking control of the stock. Key Points to Note: The stock is respecting the flat resistance , which has been tested multiple times (marked by the red circles). The upward sloping support is strengthening with each new low, showing growing buying pressure. The price has recently broken out above the resistance , confirming the breakout pattern. Trading Strategy: Entry Point : Once the price breaks the resistance level, consider entering at 1,172.45 . Stop Loss : Set your stop loss just below the upward sloping support at 1,151.25 to manage risk. Profit Target : The ideal target after the breakout is approximately 1,261.65 , which is calculated by measuring the height of the triangle and projecting it upward from the breakout point. Real-World Application: This is a bullish setup , and traders should keep an eye on volume confirmation post-breakout. A breakout with increased volume would make the setup even stronger. A price move towards the target of 1,261.65 would indicate a successful breakout trade. Risk Management: Ensure that you follow your stop loss at 1,151.25 to avoid unnecessary losses in case the breakout fails. Position size properly to align with your risk tolerance and the potential reward. What This Means for Traders: Bullish Setup : The ascending triangle signals that the bulls have control, and we expect the stock to continue higher. Watch for confirmation of the breakout and enter with confidence, but always be prepared with your stop loss. Conclusion: This ascending triangle is a classic pattern, and it offers a great opportunity for long traders . Keep an eye on the breakout, manage your risk, and this trade could potentially yield solid returns.
NSE:ASIANPAINTEducation
by TraderRahulPal
10
JUBLFOOD Probable price actionBased on the recent price action for Jubilant FoodWorks Ltd (JUBLFOOD), the stock shows a bullish trend in the short term: 1. The stock closed at ₹670.5 on February 14, 2025, up 1.27% from the previous close. 2. JUBLFOOD has been in an uptrend since late January 2025, rising from ₹638.65 on January 27 to the current price of ₹670.50. 3. The stock has shown strong momentum, breaking above the ₹700 level in early January before a brief pullback. 4. Recent price action indicates a recovery from the pullback, with the stock forming higher lows and higher highs since February 12, 2025. 5. The stock is trading above its 50-day moving average of ₹699.307, suggesting bullish sentiment in the medium term. 6. Volume has been above average in recent sessions, with 4,032,606 shares traded on February 14, compared to the average volume of 2,001,293. 7. The stock is showing strength relative to its 52-week range, currently trading closer to its year high of ₹796.75 than its year low of ₹421.05. However, traders should note some potential resistance levels: 1. The stock may face resistance near the ₹700 level, which it failed to hold in early February. 2. The year high of ₹796.75 could act as a strong resistance if the uptrend continues. Overall, the price action suggests a bullish short-term outlook for JUBLFOOD.
NSE:JUBLFOODLong
by KamalKJoshi