Get started

Fundamental Analysis

Turning Bullish: Maharashtra Seamless LtdIntro: Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations. Fundamental Analysis: Market Cap: ₹ 10,301 Cr. High / Low: ₹ 1,099 / 563 Stock P/E: 12.2 (Ind. P/E:30.3) ROCE: 22.9 % ROE: 18.1 % Sales Growth (3 years): 33%; Profit Growth (3 years): 69% Stock Analysis: Maharstra Seamless has been consolidating in a tight range between 569 and 701 for 3 months. In the last couple of sessions, it has given a strong breakout with good volume. Resistance levels: 782, 827, 927, 997, 1033 20 EMA has just crossed 50 EMA confirming the bullish trend. However, volume has to support for further quick upside momentum.
NSE:MAHSEAMLESLong
by shanmurali
Maharashtra Seamless Ltd looks good Technically.-Trendline breakout with high volume. -Ideal entry missed -Now at another important resistance. If broken and sustained then there is scope for further upmove. -Volume picking up with price movement. -Dry volume during pull backs. -Good ROCE -Good ROE -Debt-free company. -Profit growth of 26.3% CAGR over last 5 years These are the reasons for picking this stock. This is a positional pick. SL is very deep so position size it or adjust the SL as per your trading style/ Risk appetite. The chart shared is for educational purposes. Please do your due diligence before investing.
NSE:MAHSEAMLESLong
by sagartharayil
NIFTY TODAY The Nifty 50 chart on a 15-minute timeframe highlights key levels: resistance at 24,760 (green line) and support at 24,621 (orange line). Price consolidation is evident, with a red-circled area showing a false breakout, possibly influenced by today’s RBI policy announcement to keep the repo rate unchanged. This decision may have added to market volatility. The blue arrows suggest potential breakout directions—bullish above resistance and bearish below support. Volume spikes during specific candles signal heightened activity. A confirmed breakout beyond this range could provide trading opportunities, requiring careful entry and exit planning to align with prevailing market momentum.
NSE:NIFTY
by jbaidwan29
EPL LTD !! A good Stocks to buyHow's The Josh Traders?? EPL Limited (Essel Propack Limited) reported the following turnover for the second quarter and six months ending September 30, 2024 Second quarter: Sales were INR 10,862 million, and revenue was INR 11,002 million Six months: Sales were INR 20,936 million, and revenue was INR 21,141 million EPL Limited is a global tube-packaging company that specializes in laminated plastic tubes for the FMCG and Pharma industries. The company is headquartered in Mumbai and is owned by The Blackstone Group. As we can See Technical Charts of EPL Limited, Chart Has completed its Wave 1 & 2 and ready for the big wave 3 & 5. SO , BUY EPL LTD TARGET 1 : 617 TARGET 2 : 905 NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFR TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE. HAVE A GOOD DAY TRADERS .
NSE:EPLLong
by Trading_Bulls0000
EURUSD Next possible moveSAXO:EURUSD Here’s a detailed description for today's continued bullish outlook in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Buy Entry Sustains | Bullish Momentum Builds"* #### **Market Context** *"EUR/USD extends its recovery for the second consecutive day, supported by steady buying interest. The pair is capitalizing on softer USD momentum ahead of key U.S. and Eurozone economic data, as traders eye potential upside continuation."* #### **Technical Analysis** *"Today’s buy entry is aligned with ongoing bullish momentum: - **Trend Structure**: Higher lows and higher highs on the H1 chart signal continued recovery. - **EMA Dynamics**: Price remains above the 20 EMA, confirming near-term bullish sentiment. - **RSI**: Trending above 55, showing consistent buying pressure. - **MACD**: Positive histogram bars have expanded, reinforcing upward momentum. Key Levels: - **Support**: 1.0520 (intraday), 1.0500 (psychological level). - **Resistance**: 1.0555 (key target), 1.0575 (next potential hurdle). A breakout above 1.0555 would affirm bullish control."* #### **News Context** *"Upcoming: Focus shifts to U.S. ISM Services PMI and Eurozone data, which could impact sentiment and trigger volatility. Previous: Monday's recovery in EUR/USD was driven by renewed euro strength against a consolidating dollar."* #### **Call to Action** *"Will EUR/USD sustain its bullish momentum, or could upcoming resistance levels spark a pullback? Share your thoughts and trade strategies below!"*
Long
by RBSBALA
EURUSD Next possible moveSAXO:EURUSD Here’s a detailed description for today’s bullish view in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Buy Entry in Focus | Post-NFP Recovery"* #### **Market Context** *"EUR/USD shows signs of recovery after Friday’s NFP-induced sell-off. The pair is holding above critical support levels as buyers step in, expecting potential upside ahead of key economic data releases today."* #### **Technical Analysis** *"Today’s buy entry is supported by early bullish signals: - **Price Action**: The pair is forming higher lows on the H1 chart, indicating initial bullish momentum. - **EMA Support**: Price is attempting to reclaim the 20 EMA, which could confirm further upside if sustained. - **RSI**: Rising above 50, signaling strengthening buying interest. - **MACD**: Positive crossover on the H1 timeframe suggests potential upward movement. Key Levels: - **Support**: 1.0500 (psychological level), 1.0480 (intraday). - **Resistance**: 1.0535 (initial target), 1.0555 (key resistance). A breakout above 1.0555 could open the door to further gains."* #### **News Context** *"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are critical data points today, which could either fuel or limit the upside momentum. Previous: Friday’s NFP data boosted the USD, but traders now await fresh cues to gauge directional bias."* #### **Call to Action** *"Do you expect EUR/USD to sustain its bullish recovery, or will resistance levels cap the upside? Share your analysis and trades below!"*
Long
by RBSBALA
3
IRCTC Descending Channel breakout to watch.Descending Channel: The price is trending downwards within a well-defined descending channel (yellow lines), with lower high and lower lows indicating a bearish trend. Key Support and Resistance Levels: Support: 788.50 appears to be a strong support level, as shown by the blue horizontal line, below that it can move towards 725 represents a more significant lower support level. Resistance: 850 being the previous high and immediate resistance. 914.75 is resistance levels within the current channel. A breakout above the 993.65 resistance could indicate further bullish momentum which till for new all time high. RSI (Relative Strength Index): The RSI is hovering near 53.64, It indicates a neutral to slightly bullish sentiment. Recent Price Action: The price has bounced off the 788.50 support and is attempting to move upward, nearing the channel's upper boundary. A breakout from the channel could signal a trend reversal. Volume: Volume appears moderate, which might suggest the need for stronger buying interest to sustain an upward breakout. Potential Strategies: Bullish Scenario: If the price breaks above the descending channel and closing above 850 resistance with strong volume, it could indicate a bullish trend reversal till 914.75 Bearish Scenario: A rejection at the channel's upper boundary or resistance levels of 850 may lead to further downside toward 725 or even 670. Disclaimer - The information provided herein is for educational purposes only. It does not constitute financial, investment, or trading advice. Consult a qualified financial advisor before making any financial decisions. We are not liable for any monetary loss, that may arise directly or indirectly from the use of information provided
NSE:IRCTC
by Darshilp7
EURUSD Next possible move SAXO:EURUSD Here’s a detailed description for today’s bearish view in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Sell Bias Prevails | Post-NFP Weakness"* #### **Market Context** *"EUR/USD remains under selling pressure, extending its decline as the U.S. dollar strengthens across the board. Friday’s robust NFP data has fueled expectations of a hawkish Federal Reserve stance, putting downward pressure on the pair."* #### **Technical Analysis** *"Today’s sell bias is supported by bearish signals: - **Trend Structure**: Lower highs and lower lows confirm the downtrend. - **EMA Dynamics**: Price remains firmly below the 20 and 50 EMAs, indicating sustained bearish momentum. - **RSI**: Falling below 40, highlighting increased selling pressure. - **MACD**: Negative histogram bars are widening, showing growing bearish momentum. Key Levels: - **Support**: 1.0500 (psychological level), 1.0470 (next target). - **Resistance**: 1.0530 (intraday), 1.0555 (key level). A move above 1.0555 would shift the sentiment."* #### **News Context** *"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence later today could provide fresh catalysts. Previous: Friday’s NFP report showed strong job growth, reinforcing Fed rate hike expectations and supporting the dollar."* #### **Call to Action** *"Will EUR/USD continue its descent, or is a reversal on the horizon? Share your thoughts and trade setups below!"* --- Let me know if there are any additional details or adjustments you’d like!
Short
by RBSBALA
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
NSE:HDFCBANKEducation
by SkyTradingZone
Option Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock. When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
NSE:NIFTYEducation
by SkyTradingZone
Lecher for Option TraderEven if you are a beginner, options trading can be a good call. However, make sure you have an online broker to help you and a margin account ready. When your options trading is approved, the orders can be entered to trade these options. For instance, consider buying a call option for 100 shares of Company X at a strike price of Rs. 110, with an expiry on December 1. If, on December 1, Company X shares trade above Rs. 110, you can exercise the option, buying shares at a lower price to profit from the market price.
MCX:CRUDEOIL1!Education
by SkyTradingZone