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CENTRAL DEPOSITORY SERVICES LIMITEDAs of the close on Monday, May 19, 2025, Central Depository Services (India) Ltd (NSE: CDSL) was trading at ₹1,450.80, marking a 2.98% increase from the previous session. 📊 30-Minute Timeframe Technical Overview Price Action: Day's Range: ₹1,408.00 – ₹1,468.00 52-Week Range: ₹1,047.45 – ₹2,989.00 Volume: Approximately 9.5 million shares traded, indicating heightened market activity. Technical Indicators: Relative Strength Index (RSI): 69.89 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): 36.23 – indicating bullish momentum. Average Directional Index (ADX): 16.44 – suggesting a weak trend strength. Stochastic Oscillator: 80.92 – in the overbought zone, which may precede a price correction. Indicator: ₹1,280.03 – acting as a support level. Parabolic SAR (PSAR): ₹1,209.57 – indicating an upward trend. 🔍 Support and Resistance Levels Immediate Support: ₹1,408.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,468.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that CDSL is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the heightened trading volume, which may affect the strength of the current trend.
NSE:CDSL
by TechnicalExpress
RELIANCE INDUSTRIES LTDAs of the close on Monday, May 19, 2025, Reliance Industries Ltd (NSE: RELIANCE) traded at ₹1,440.80, reflecting a 1.07% decrease from the previous session. 📊 Daily Technical Overview Price Action: Opening Price: ₹1,452.10 Day's Range: ₹1,438.20 – ₹1,454.60 52-Week Range: ₹1,114.85 – ₹1,608.80 Volume: Approximately 6.2 million shares traded, below the 50-day average of 8.4 million, indicating reduced market activity. Technical Indicators: Relative Strength Index (RSI): 69.84 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): Bullish crossover, indicating potential upward momentum. Stochastic Oscillator: 76.17 – in the overbought zone, which may precede a price correction. Average Directional Index (ADX): Indicates a strong trend, supporting the current price movement. 🔍 Support and Resistance Levels Immediate Support: ₹1,425.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,455.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that Reliance Industries Ltd is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the reduced trading volume, which may affect the strength of the current trend.
NSE:RELIANCELong
by TechnicalExpress
HINDUSTAN ZINC LTDAs of the close on Monday, May 19, 2025, Hindustan Zinc Ltd (NSE: HINDZINC) was trading at ₹448.20, reflecting a 1.33% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bullish trend: Price Action: The current price is ₹428.25. Moving Averages: The 5-period Exponential Moving Average (EMA) is at ₹440.66. The 15-period EMA stands at ₹435.01. The 50-period EMA is at ₹435.91. The 100-period EMA is at ₹446.19. The 15-period EMA trending above the 50-period EMA indicates a bullish crossover. Trend Analysis: The 5 and 15 EMAs are on an upward trajectory, suggesting a mild bullish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The RSI is approximately 56.70, indicating a neutral momentum without being overbought or oversold. Moving Average Convergence Divergence (MACD): The MACD is at 0.811, suggesting a bullish crossover. Average Directional Index (ADX): The ADX is at 13.22, indicating a weak trend strength. Stochastic Oscillator: The Stochastic Oscillator is at 63.96, pointing to neutral momentum. Indicator: The supertrend is at ₹406.99, acting as a support level. Parabolic SAR (PSAR): The PSAR is at ₹400.77, indicating an upward trend. 📈 Support and Resistance Levels Immediate Support: ₹442.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹455.90 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹442.00, there may be potential for a rebound towards ₹455.90. Conversely, a drop below ₹442.00 could lead to further declines, possibly testing lower support levels.
NSE:HINDZINCShort
by TechnicalExpress
GLOBUSSPR DAY CHARTAs of the close on Monday, May 19, 2025, Globus Spirits Ltd (NSE: GLOBUSSPR) traded at ₹1,104.40, reflecting a 1.62% increase from the previous session. 📊 Daily Technical Overview Price Action: Day's Range: ₹1,065.50 – ₹1,114.80 52-Week Range: ₹670.00 – ₹1,369.75 Volume: 161,165 shares traded Technical Indicators: Relative Strength Index (RSI): 61.68 – indicating neutral to slightly bullish momentum. Moving Average Convergence Divergence (MACD): 6.03 – suggesting a bullish crossover. Average Directional Index (ADX): 15.29 – indicating a weak trend strength. Stochastic Oscillator: 62.44 – pointing to neutral momentum. Indicator: ₹957.02 – acting as a support level. Parabolic SAR (PSAR): ₹927.02 – indicating an upward trend. 🔍 Key Support and Resistance Levels Immediate Support: ₹1,065.50 Immediate Resistance: ₹1,114.80 Next Resistance Level: ₹1,125.00 📈 Outlook The technical indicators suggest that Globus Spirits Ltd is experiencing a mild bullish trend. The RSI and MACD indicate positive momentum, while the ADX suggests that the trend strength is currently weak. If the stock maintains its position above the immediate support level of ₹1,065.50, it may attempt to break through the resistance at ₹1,114.80. A successful breakout could lead to testing the next resistance level at ₹1,125.00.
NSE:GLOBUSSPRLong
by TechnicalExpress
NIFTY BANK INDEX #NIFTYBANK Technical Analysis (15min chart) Resistance Levels: 55,700 / 55,900 / 56,200 Support Levels: 55,250 / 55,000/54,600 Pattern: Rising wedge breakdown - bearish signal Trendline: Broken upward trendline shows weakening bullish momentum ▲ Caution: Price failing to hold above key resistance at 55,700 indicates potential short-term reversal. Fundamental Outlook: Awaiting RBI commentary, PSU banks strong but profit booking visible. Volatility likely near monthly expiry.
NSE:BANKNIFTYShort
by TechnicalExpress
KRISHNA INST OF MED SCI LAs of the close on Monday, May 19, 2025, Krishna Institute of Medical Sciences Ltd (NSE: KIMS) traded at ₹645.10, marking a 0.75% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bearish trend: Price Action: The current price is ₹535.65. Moving Averages: The 5-period Weighted Moving Average (WMA) is at ₹535.65. The 15-period WMA stands at ₹536.93. The 100-period WMA is at ₹542.10. The 15-period WMA trending below the 100-period WMA indicates a bearish crossover. Trend Analysis: Both the 5 and 15 WMAs are on a downward trajectory, suggesting a mild bearish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The 14-day RSI is approximately 54.7, indicating a neutral momentum without being overbought or oversold. Volume: The trading volume is around 507,339 shares, significantly higher than the 20-day average of 91,758 shares, pointing to increased market activity. 📈 Support and Resistance Levels Support: ₹640.00 – a level where buyers have previously shown interest. Resistance: ₹650.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹640.00, there may be potential for a rebound towards ₹650.00. Conversely, a drop below ₹640.00 could lead to further declines, possibly testing lower support levels.
NSE:KIMSShort
by TechnicalExpress
INFOSYS LTDAs of the close on Monday, May 19, 2025, Infosys Ltd (NSE: INFY) traded at ₹1,559.80, reflecting a decrease of ₹30.10 or 1.89% from the previous session. In the 15-minute timeframe, the stock exhibited a downward trend throughout the day, with prices ranging between ₹1,555.70 and ₹1,585.00. Technical Indicators (15-Minute Timeframe): Moving Averages: The 20-period Exponential Moving Average (EMA) is trending downward, indicating short-term bearish momentum. Relative Strength Index (RSI): The RSI is hovering around 45, suggesting that the stock is approaching oversold territory but hasn't reached it yet. Support Levels: Immediate support is observed around ₹1,550, with a stronger support level near ₹1,540. Resistance Levels: The stock faces resistance at ₹1,570, followed by a more significant resistance near ₹1,585. Outlook: If Infosys maintains its position above the ₹1,550 support level, a short-term rebound towards ₹1,570 is possible. However, a break below ₹1,550 could lead to further declines, potentially testing the ₹1,540 support.
NSE:INFYShort
by TechnicalExpress
Beware of short-term bull trapsOn the H4 chart, gold is testing an important resistance zone around EMA89 (purple) after a rebound from the bottom of 3,120. However, both EMA34 and EMA89 are sloping down, indicating that the short-term trend is still bearish. The current rebound is not strong enough to confirm a reversal. The most recent candle also has a long upper shadow, indicating that selling pressure is waiting above. If the price is rejected at the 3,250–3,260 zone and turns around to break down to 3,220, there is a high possibility that gold will retest the old bottom around 3,120. The strategy at this time is to stay out or wait to sell lightly if a clear reversal signal appears near the resistance zone. Avoid FOMO because the rebound has not been confirmed by volume or trend structure.
OANDA:XAUUSD
by norbanpar
MACD part 2Moving average convergence/divergence (MACD) is a technical indicator to help investors identify price trends, measure trend momentum, and identify entry points for buying or selling. Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. MACD was developed in the 1970s by Gerald Appel, and is one of the most popular technical tools, readily available on most trading platforms offered by online stock brokers.
NSE:HALEducation
by SkyTradingZone
Gold Holding Above 3200… But Is the Rebound Real?Gold followed through on our previous expectation, bouncing from the 3140–3160 support zone after briefly tagging a low near 3120. From there, bulls regained some control and managed to reclaim the 3200 level, which we’ve been watching closely. Although last week’s close was above 3200, I still consider this move a corrective bounce, not a confirmed reversal. The key level I’m watching now is 3282, which aligns with the 50% Fibonacci retracement of the recent decline from 3440 to 3120. Until price decisively closes above this zone, I’ll continue to treat this as a pullback within a broader correection/downtrend and hold onto a portion of my short positions. If bulls manage to break and hold above 3282, we could start seeing signs of a short-term trend shift toward higher resistance zones like 3350 or beyond. However, as long as price stays below 3282, the risk remains for another move back below 3200 and if that happens, a revisit of the 3140–3120 support zone is very much on the table. and if that support break, our previous bearish targets come back into focus. So for now, I’m still leaning toward downside continuation unless the market proves otherwise by reclaiming key resistance with strength.
TVC:GOLDShort
by TheGoldenCircle
GOLD DAILY PLAN MAY 19: IS THIS THE START OF A MASSIVE BULLISH GOLD DAILY PLAN – MAY 20: IS THIS THE START OF A MASSIVE BULLISH RUN? Gold opened the new trading week with a powerful GAP UP of over 20 USD, followed by an additional 50 USD rally during the Asia session. This explosive move is being fueled by geopolitical tensions and macroeconomic uncertainty, setting the tone for what could be a highly volatile and profitable week for gold traders. 🔥 Key Fundamental Drivers Behind This Gold Rally: 1️⃣ Putin rejects peace talks – Increased war risks reignite gold’s safe-haven appeal. 2️⃣ U.S. credit rating downgraded – Rising debt and bond yields are pushing investors back to gold. 3️⃣ Trump threatens new trade tariffs – Even a softer version of “Trade War 2.0” could shock global markets, making gold a top hedge. ➡️ With no clear resolutions in sight, gold may soon retest the all-time high of $3,500. 🧠 Technical Analysis: Bullish Signals Are Confirming EMA13 has crossed above EMA34 and EMA200 on the M30 chart — a classic reversal confirmation. The main trendline was broken, and price is now retesting the breakout zone. Momentum remains strong, and price structure is shifting bullish. Priority is now to BUY the dips rather than sell counter-trend. 📌 Key Price Levels to Watch: 🔺 Resistance Zones: 3254 – 3277 – 3288 (If price breaks above 3287, we may quickly see a move toward 3350–3500.) 🔻 Support Zones: 3204 – 3193 – 3186 – 3174 – 3163 (Best areas to watch for confirmation to BUY.) 🎯 Suggested Trade Ideas: BUY Zone: 3186 - 3184 Stop-Loss (SL): 3180 Take-Profit (TP): 3190 → 3195 → 3200 → 3210 → 3220 → 3230 BUY Scalp: 3194 - 3192 Stop-loss: 3189 Take-Profit: 3200 - 3204 - 3210 - 3215 - 3220 SELL Zone: 3287 - 3289 Only scalp or take quick profits near resistance zones Stop-Loss (SL): 3293 Take-Profit (TP): 3285 → 3280 → 3285 → 3280 → 3270 (Note: Avoid holding SELLs, only scalp on strong bearish signals.) ⚠️ Trading Notes: Market is highly sensitive to geopolitical headlines. One comment from Trump or Putin could move gold 50–100 USD in minutes. No need to chase price. Let it come to your zones — and only enter on clear confirmations. 📌 Summary: ✅ Structure has turned bullish across M30 and H4. ✅ Focus on buying dips, not shorting into strength. ✅ Medium-term target zones: 3350 → 3400 → 3500, depending on continued macro pressure. 📣 Follow AD for live trading plans, market sentiment, and smart entry zones every session! Good luck & stay disciplined.
OANDA:XAUUSDLong
by MMFlowTrading
ITC LTD As of May 16, 2025, ITC Ltd. (NSE: ITC) is trading around ₹435.70. Analyzing the 4-hour timeframe, the following support and resistance levels have been identified based on various technical indicators: 📊 4-Hour Support & Resistance Levels Support Levels: S1: ₹433.28 S2: ₹430.67 S3: ₹429.18 Resistance Levels: R1: ₹437.38 R2: ₹438.87 R3: ₹441.48 These levels are derived from pivot point calculations and can serve as potential areas where the price might experience support or resistance. 🔍 Technical Indicators Overview Relative Strength Index (RSI): 58.98 – Indicates neutral momentum. Moving Average Convergence Divergence (MACD): 3.86 – Suggests mild bullish momentum. Average Directional Index (ADX): 17.89 – Points to a weak trend strength. Stochastic Oscillator: 51.37 – Reflects neutral conditions. Supertrend Indicator: ₹413.32 – Below current price, indicating a bullish signal. Parabolic SAR: ₹437.35 – Slightly above current price, suggesting potential resistance. 📈 Fibonacci Retracement Levels Considering the downtrend from ₹491.00 (Jan 3, 2025) to ₹390.15 (Apr 7, 2025), the key Fibonacci retracement levels are: 23.6%: ₹413.95 38.2%: ₹428.67 50%: ₹440.57 61.8%: ₹452.48 76.4%: ₹467.20 These levels can act as potential support or resistance zones as the price retraces its previous move. 🧠 Trading Insights The current price is approaching the R1 resistance level at ₹437.38. If the price breaks above this level with strong volume, it may test higher resistance levels. Conversely, if it fails to break through, it might retrace to the support levels mentioned above. Traders should monitor these levels closely and consider using stop-loss orders to manage risk.
NSE:ITC
by TechnicalExpress
REC LTDAs of May 16, 2025, REC Ltd. (NSE: RECLTD) demonstrated a positive movement on the daily chart, with the stock closing at ₹406.45, marking a 3.07% increase from the previous close of ₹394.35. The day's trading range spanned from a low of ₹395.10 to a high of ₹409.65, with a substantial trading volume of approximately 14.4 million shares, indicating heightened investor interest. 📈 Technical Indicators (Daily Timeframe) Relative Strength Index (RSI): 53.25 – Positioned in the neutral zone, suggesting neither overbought nor oversold conditions. Moving Average Convergence Divergence (MACD): 0.37 – A positive value indicating bullish momentum, albeit modest. Money Flow Index (MFI): 58.15 – Reflects moderate buying pressure, aligning with the day's positive price movement. Average Directional Index (ADX): 31.99 – Suggests a developing trend strength, which traders should monitor for potential continuation or reversal. Stochastic Oscillator (20,3): Approximately 55–80 – Indicates a bullish condition, but approaching overbought territory, warranting caution. Commodity Channel Index (CCI): Positive territory – Signifies that the stock is trading above its average price, supporting the bullish outlook. 📊 Pivot Points (Classic Method) Support Levels: S1: ₹380.68 S2: ₹371.87 S3: ₹358.68 Resistance Levels: R1: ₹402.68 R2: ₹415.87 R3: ₹424.68 The stock's closing price is above the first resistance level (R1), suggesting potential to test higher resistance levels if bullish momentum continues. 🔍 Trend Analysis Recent technical assessments indicate that REC Ltd. may be entering a critical phase. A head and shoulders pattern was identified on the daily chart, with a breakout observed on March 19, 2024. This pattern typically signals a potential reversal, and the breakout was accompanied by increased trading volume and a bearish signal on the MACD indicator. Currently, the RSI is at a low level, and sustained momentum from the breakout may lead to further downward movement. ⚠️ Investor Considerations Volatility: The stock has a beta of approximately 2.01, indicating higher volatility compared to the broader market. Valuation Metrics: P/E Ratio: 6.74 – Suggests the stock is trading at a relatively low multiple compared to the industry average. P/B Ratio: 1.35 – Indicates a reasonable valuation in terms of book value. Dividend Yield: 4.43% – Reflects a strong return to shareholders. 52-Week Range: ₹127.40 – ₹654.00 – The current price is significantly below the 52-week high, offering potential upside if the stock rebounds. 📌 Summary REC Ltd.'s recent price action and technical indicators suggest a cautiously optimistic outlook. While the stock has shown a positive movement, the presence of a head and shoulders pattern and other technical signals warrant careful monitoring. Investors should watch for confirmation of trend continuation or reversal, particularly around the identified support and resistance levels.
NSE:RECLTDLong
by TechnicalExpress
ADANI PORT & SEZ LTDAs of May 16, 2025, Adani Ports and Special Economic Zone Ltd. (NSE: ADANIPORTS) continues to exhibit a bullish trend on the monthly timeframe, supported by key technical indicators and significant price movements. 📊 Monthly Technical Overview Current Price: ₹1,407.40 1-Month Gain: +16.31% 52-Week Range: ₹703.00 – ₹1,621.40 All-Time High: ₹1,621.40 (June 3, 2024) 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, indicating strong buying momentum. MACD: +6.97 – Positive value suggests bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Indicates the stock is overbought. Williams %R: -19.29 – Also suggests overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧮 Moving Averages 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 200-Day EMA: ₹244.28 The current price is trading well above all key EMAs, reinforcing the bullish outlook. 📌 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 💡 Summary Adani Ports & SEZ Ltd. demonstrates strong bullish momentum on the monthly timeframe, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹1,407–₹1,621 range for potential resistance and watch for confirmation before making new entries.
NSE:ADANIPORTSLong
by TechnicalExpress
Bharat Heavy Electricals LtdAs of May 16, 2025, Bharat Heavy Electricals Ltd. (BHEL) exhibited a strong bullish trend on the daily chart, supported by various technical indicators. 📊 Daily Technical Overview Closing Price: ₹250.35 Day’s Range: ₹244.16 – ₹259.99 Volume: ~50.24 million shares, significantly higher than the 20-day average of ~12.66 million shares, indicating strong trading activity. 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, suggesting strong buying momentum. MACD: 6.97 – Indicates bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Suggests the stock is overbought. Williams %R: -19.29 – Also indicates overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧭 Moving Averages Short-Term: 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 Medium-Term: 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 Long-Term: 200-Day EMA: ₹244.28 The current price is above all these moving averages, reinforcing the bullish outlook. TipRanks 🔍 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 📌 Summary BHEL's stock demonstrates strong bullish momentum, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹250–₹260 range for potential resistance and watch for confirmation before making new entries.
NSE:BHELLong
by TechnicalExpress
GO FASHION INDIA LTDGo Fashion (India) Ltd., operating under the brand name Go Colors, is a prominent Indian apparel company specializing in women's bottom-wear. Established in 2010 and headquartered in Chennai, Tamil Nadu, the company has carved a niche in the fashion industry by focusing exclusively on this segment. #GOCOLORS DAY CHART - Rocket Base Structure is Forming✔ A Big Rise after TL breakout on an amazing volume Blast ✶ The Recent consolidation breakout can trigger 2nd up leg. Holds 8% Market share in Branded Women's Bottom wear and Pilot Everyday wear in 15 stores. Above - 892 Stop - 865 Tgt 920,1000,1115 Keep learning happy trading
NSE:GOCOLORSLong
by TechnicalExpress
SUZLON ENERGY LTDSUZLON This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Entry: Above 61.2 on monthly breakout. Target: 61.5-65.45-70.20-72.25-82.35-86.4 If closed above 87 on monthly candle can touch 90-100 Stoploss: 58 Suzlon Energy Limited, a prominent player in India's renewable energy sector, has demonstrated significant operational progress in recent quarters. However, certain financial metrics and market dynamics warrant a cautious approach. Financial Performance Overview Revenue and Profitability: In Q3 FY25, Suzlon reported a revenue of ₹2,969 crore, marking a 91% increase year-over-year. EBITDA more than doubled to ₹500 crore, with an EBITDA margin of 16.8%. Despite this quarterly growth, the FY24 annual report indicates a 77.1% decline in net profit year-over-year, with net profit margins decreasing from 48.4% in FY23 to 10.1% in FY24. Balance Sheet and Debt Position: Suzlon has made strides in deleveraging, with total liabilities decreasing by 26.34% to ₹32.59 billion in 2024. Cash and short-term investments increased by 18.48% to 4.35 billion. The debt-to-equity ratio stands at a conservative 0.06, indicating a strong balance sheet position. Return Metrics: Return on Capital Employed (ROCE) is reported at 24%, surpassing the industry average of 18%. Return on Equity (ROE) is projected to improve to 28.6% by FY27. Operational Highlights Order Book and Capacity Expansion: As of May 2024, Suzlon's order book expanded to 3.3 GW, a significant increase from 652 MW in FY23. Notable contracts include a 402 MW project with Juniper Green Energy and a 551.25 MW project for the Aditya Birla Group. Technological Advancements: The $144 wind turbine, with a hub height of 160 meters, is India's tallest and delivers 40-43% higher generation than previous models. ▲ Risks and Considerations Valuation Concerns: The stock's P/E ratio stands at 64.94, which is higher than industry peers like Vestas (25.3) and Siemens Gamesa (18.7), suggesting potential overvaluation. Market Volatility: The stock experienced a 40% decline from its 52-week high, attributed to market- wide corrections and profit-booking after a substantial rally. Corporate Governance: The resignation of a key managerial person and warnings from NSE and BSE over regulatory non-compliance have raised concerns about corporate governance. Insider Activity and Market Sentiment There is no publicly available information confirming insider trading or undisclosed material events related to Suzlon Energy. However, the company's recent performance and strategic initiatives have garnered positive attention from investors and analysts. Conclusion Suzlon Energy exhibits strong operational momentum, a robust order book, and technological innovation in the renewable energy sector. While financial metrics show improvement, valuation concerns and corporate governance issues necessitate a cautious investment approach. Investors should monitor the company's execution of its order book, adherence to regulatory norms, and market dynamics closely.
NSE:SUZLONLong
by TechnicalExpress
GOLD Pullback or Bull Trap? This Move for the WEEK⚡️Will the Recovery Hold or Just a Retest Before Another Drop? 🧠 Macro Backdrop: Geopolitical tension: US-China trade headlines and Russia-Ukraine negotiations continue to stir uncertainty, but risk appetite is still cautious. US CPI and PPI data this week came in weaker than expected → inflation remains soft, but no signal yet for immediate rate cuts from the Fed. Gold has been under pressure for 2 weeks but may be stabilizing as DXY loses steam and equity markets show hesitation. 🔍 Technical Outlook (Chart: M30–H1): Gold is forming a rising wedge within a broader corrective pattern. Yesterday’s rebound from the 3,163 zone has pushed price back above the 20 EMA (black) and is testing the 3,208–3,210 zone. This area is key for today: breakout or rejection? 🔑 Key Levels to Watch: 🔺 Resistance: 3,221 → Local structure neckline 3,235 → Previous supply + Fibo confluence 3,251 → Strong upper bound resistance 🔻 Support: 3,184 → Minor support (demand block) 3,173 → Swing low (key reaction zone) 3,163 → Final line of defense 📈 Trade Scenarios: ⚠️ Scenario A – Bullish Push Above 3,221: If price breaks and holds above 3,221, we may see a bullish continuation to 3,235 and even 3,251. Momentum confirmation: Price must stay above 3,210 on pullbacks. 🔹 Entry: 3,222 – 3,224 🔹 SL: 3,216 🔹 TP: 3,235 → 3,251 ⚠️ Scenario B – False Break & Bearish Rejection: If price fails to hold above 3,221 and reverses below 3,208 → potential short opportunity targeting lower liquidity zones. 🔻 Entry: 3,220 – 3,218 (after rejection) 🔻 SL: 3,228 🔻 TP: 3,184 → 3,173 → 3,163 ⚠️ Scenario C – Range Play: If price remains between 3,208 and 3,184, scalp inside the range and wait for breakout confirmation. 💬 Follow for real-time setups and live strategy updates during major market sessions.
OANDA:XAUUSDLong
by MMFlowTrading
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