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### 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
11
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
SHREECEM Price action analysisBased on the latest available data, the price action analysis for Shree Cement Ltd (SHREECEM) indicates a bullish trend in the short to medium term: 1. The stock is trading above its key moving averages, including the 5, 10, 20, 50, 100, and 200-day moving averages, suggesting strong upward momentum. 2. As of February 14, 2025, the stock was showing bullish signals for short-term, medium-term, and long-term investors. 3. The current price is significantly higher than the 200-day moving average of 26,081.26, indicating a sustained uptrend. 4. Recent price action has formed a cup and handle pattern on the daily chart, which is typically considered a bullish continuation pattern. 5. The stock has been in an uptrend since September 2023, breaking out of a sideways movement that had persisted since August 2022. However, it's important to note some potential caution signals: 1. As of January 21, 2025, there were indications of a possible short-term downtrend, with the price falling below the important level of 25,422.22. 2. The stock was trading below its short-term Volume Weighted Average Price (VWAP) of 25,264.61, suggesting some selling pressure. 3. Technical indicators like ADX and MACD were showing sell signals in the short term as of January 21, 2025. Given the conflicting signals between the January and February data, traders should closely monitor the stock for confirmation of the current trend and be aware of potential volatility.
NSE:SHREECEMLong
by KamalKJoshi
Lupin Breakout: A New Highs Journey Begins!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have a Lupin stock which has caught the market's attention with a powerful breakout from its resistance zone. Backed by increasing volume and bullish momentum, this pharmaceutical giant is showing signs of a potential rally. Let's dive into the chart to explore the opportunities. 1. Chart Overview The chart appears to be for LUPIN LTD on a daily timeframe (1D). The key focus is on price action with clearly defined support and resistance zones. Indicators used include the RSI (Relative Strength Index) at the bottom of the chart. The price is currently trading at ₹2,311.35, up by +3.75% for the day. 2. Key Levels Highlighted Support Zone (Grey Band) The support zone is marked around the ₹2,000–₹2,100 level, acting as a base where buyers consistently step in. The price bounced off this zone multiple times, confirming its strength. Resistance Zone (Grey Band) The resistance zone is marked around ₹2,300–₹2,350, where sellers have historically prevented price from moving higher. The recent breakout indicates strong bullish momentum. Stop Loss (₹2,222) A stop loss is suggested at ₹2,222, slightly below the resistance zone. This is to manage risk in case the breakout fails and the price reverses. Targets 1st Target: ₹2,490 : This is a realistic level based on previous price action and the measured move. 2nd Target: ₹2,678: This is a more optimistic target if the price continues its uptrend. 3. Price Action Breakout: The price has broken above the resistance zone with strong bullish momentum, as seen by the large green candle and increased volume. This breakout suggests a potential continuation of the uptrend. 4. Volume Analysis Volume Surge: There is a noticeable increase in volume during the breakout, indicating strong buying interest. Volume confirmation is a good sign that the breakout is genuine. 5. RSI Analysis Current RSI: 71.94 The RSI is above 70, indicating an overbought condition. While this signals strong momentum, it may also suggest caution as a short-term pullback is possible. Previous Bearish Divergences: Marked in red, showing past instances where the RSI was high but price reversed. Bullish Confirmation: Marked in green, showing that RSI and price are aligned with the current uptrend. 6. What Does This Mean? The breakout above resistance indicates a potential shift in market sentiment, favoring buyers. The targets suggest significant upside potential, but the RSI warns of possible short-term profit booking. 7. Possible Outcomes Bullish Scenario: If the price holds above the resistance zone and sustains higher levels, it could move towards the 1st and 2nd targets. Bearish Scenario: If the price closes below ₹2,222 (stop loss), it may revisit the support zone around ₹2,000–₹2,100. 8. Suggested Actions Entry: On sustained breakout above ₹2,311 (current level). Stop Loss: Strictly at ₹2,222 to minimize losses. Profit Booking: Gradual booking at ₹2,490 and ₹2,678. Lupin has broken out of its resistance zone with strong momentum, signaling a potential uptrend. With solid fundamentals and technical confirmation, the stock looks poised for higher levels. Keep an eye on the targets and manage your risk with the defined stop-loss. Happy Trading! Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:LUPINLong
by TraderRahulPal
7
ICICIBANK LOOKING GOOD TO SOAR HIGHICICIBANK is currently trading at 1328.75, showcasing a strong breakout and successful retest at a critical level, where the previous resistance has now turned into support. The stock has consistently performed exceptionally well since its inception, supported by great fundamentals and a solid technical setup. With this bullish momentum, a significant rally could be on the horizon in the coming weeks. The levels and targets for both short-term and long-term trades are clearly defined and promising. P.S. The long-term outlook extends until the end of next year.
NSE:ICICIBANKLong
by AlphaTradesTM
Stock Market Analysis Report: IRCON International Limited Introduction Hello, fellow traders! Buckle up because IRCON International Limited is on the move, and it’s picking up speed faster than a bullet train! 🚄 Let's dive into the technical analysis and see what the charts are telling us about this infrastructure giant. Price Action Overview Chart Analysis Current Price: ₹307.75 Daily High: ₹315.80 Daily Low: ₹286.50 Volume: 116.643M Key Technical Indicators Breakout: The stock has just experienced a significant breakout. Support Levels: Identified at ₹175.67 (Support 1), ₹214.03 (Support 2), and ₹266.25 (Support 3). Massive Volume Buildup: Indicating strong buying interest. Detailed Analysis Breakout Breakout Level: ₹307.75 Implications: This breakout suggests a strong bullish sentiment, indicating the potential for further upward movement. Volume Confirmation: The breakout is supported by a massive volume spike, which adds credibility to this move. Support Levels Support 1: ₹175.67 - This is a long-term support level, providing a solid foundation. Support 2: ₹214.03 - A medium-term support level, crucial for maintaining bullish momentum. Support 3: ₹266.25 - The most recent support level, pivotal in the current trend. Massive Volume Buildup Volume Trend: The significant increase in volume suggests strong market interest and participation. Significance: High volume during a breakout indicates robust buying pressure, often leading to sustained price increases. Price Targets Immediate Resistance: ₹325.00 - The next level to watch for potential resistance. Medium-Term Target: ₹350.00 - A psychological level and potential profit-taking zone. Long-Term Target: ₹400.00 - If the bullish momentum continues, this could be a feasible target. Conclusion IRCON International Limited has shown a powerful breakout with strong volume support, indicating a bullish trend. With significant support levels in place and increasing market interest, this stock could be on a solid upward trajectory. Keep an eye on the immediate resistance at ₹325.00 and watch the volume closely for further clues. Happy trading, and may your portfolio be as strong as IRCON’s infrastructure projects! 🏗️📈 Disclaimer This analysis is based on historical data and chart patterns. Always do your own research and consider your risk tolerance before making any investment decisions.
NSE:IRCONLong
by TRADING-NASA
RVNL - Bullish Consolidation Breakout with VolumesNSE: RVNL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 15% to 25% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:RVNLLong
by BrahmaBull31
20 Feb ’24 — Another milestone, 22000 conquered - Nifty50 flyingNifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “On the 63 mts time frame, Nifty looks strong and pumped up. We continue to hold on to our bullish stance, if BN or IT index joins N50 — the build-up in momentum will be a treat to watch.” 4mts chart Exciting times as Nifty50 has conquered a new milestone “22000” and BankNifty just turned bullish today. At present, both N50 and BN are facing northwards and that usually is a sign of further momentum build-up. Having said that, SPX and NDQ are trading negatively in the US with losses of 0.84 & 1.39% respectively. FII sell value for today is 1335 crores and the other European markets are trading mostly in RED or flat. So we are in a unique position where Indian markets are looking optimistic and roaring to go whereas global markets are a bit subdued. Unusually high inflows of SIP via domestic mutual fund AMCs are the primary reason we are staying afloat. Even after so much money making its way to the financial markets, we are in no way close to the bank's fixed deposit volume & volume growth. One thing we are not sure about is whether this money inflow is due to the blind trust in the current Govt’s fiscal policies, reforms, and the certainty to return to power. Or is this a structural change and India is truly becoming a financial powerhouse? If you look at the price action today by N50, we had a RED opening candle which was bought into by 10.15 and then we had one more round of selling between 13.31 to 13.59. But what stood out was the surge of 78 points in the last 30 minutes. It took out yesterday’s swing high and created the new ATH record. On the 63mts TF, N50 is still looking strong - we would keep our first support level(weak) at 22051 and the main support at 21913. With 2 days to go, will N50 take out the 22500 levels? Reply with your comments below. 63mts chart
NSE:NIFTYLong
by viswaram
4
06 Feb ’24 — Head and Shoulders Inverse forming on BankNifty?BankNifty Analysis - Stance Neutral ➡️ Is BankNifty bearish? - absolutely not. Is it bullish? It's too early to say. One thing is sure - there is some weakness impacting the banks. Are the unsecured loans haunting them? None of the balance sheets from the quarterly results are bleeding - but something is still bothering them. Today was a fine day for the banks to support Nifty’s rally - still, the banks decided to stay on the bench. 4mts chart One thing is sure, the fall looks like arrested (for now). If Nifty takes out the ATH without the support of the banks again, then it is some indication that the Information Technology players may have taken over as the new torch-bearers. There are exactly 6 NiftyIT companies in Nifty50 as there are 6 banks in BankNifty. NiftyIT weight is 14.18% vs 33% of BankNifty - definitely, BN has lost some ground and IT has gobbled it. 63mts chart The perfect Inverse Head and Shoulders pattern has not formed yet - we still have 20% of the move remaining. We will closely monitor if BN chooses to follow this path as it is a bullish sign. The first clue came in when BN defended its support at 44542, the 2nd came when 45399 was defended. Tomorrow is the weekly expiry and we hope to see some actions - at present, the OTM strikes are not that juicy - if BN decides to move, we could expect some mispricings to pop in. Algo Trading Our BankNifty algo trades ended today with a gain of Rs8121.
NSE:BANKNIFTY
by viswaram
JWL - Spinning Top with volumesNSE: JWL is closing with a bullish spinning top candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 11% to 20% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:JWLLong
by BrahmaBull31
METROPOLIS - Bullish Consolidation BreakoutNSE: METROPOLIS is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:METROPOLISLong
by BrahmaBull31
DMART - Bullish Consolidation BreakoutNSE: DMART is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:DMARTLong
by BrahmaBull31
FINEORG - Bullish Consolidation BreakoutNSE: FINEORG is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:FINEORGLong
by BrahmaBull31
PARADEEP - Bullish Momentum BreakoutNSE: PARADEEP is closing with a bullish momentum breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:PARADEEPLong
by BrahmaBull31
Bullish Flog & Pole B/O on DTF in ICILFriends, as our markets have given a positive breakout and closed above the previous life high on weekly closing basis. Therefore I am expecting this bullisness to continue for the comming months and thus we can see a good appriciation in the Midcap and Samallcap Stocks going ahead. Presenting a Fresh bullish Flag and Pole Breakout on Daily TF with good volume. One can create a fresh postion in the scrip at 206.95 with a stop loss of Rs. 193 for a target of Rs 242. Exit the position if the stop lss triggered on daily closing basis. The risk reward ratio for the trade is 1:2.5. Expecting a small favour from you to like, sahre and prmote the idea. Your comments are most welcome.
NSE:ICILLong
by raigvivek