Oscillators
Gujrat gas Cmp 465 Reversal from SupportGujrat gas Cmp 465 dated 18-7-2023
1. Reversed from Support.
2. RSI Reversal
Buy above 466 target 475-485-495-505 SL 455
It is just a view, please trade at your own risk.
vst tillers : breakout trading candidateVST Tillers Tractors Ltd. is a leading manufacturer of power tillers and tractors in India. Here are seven points on its financial performance:
Consistent Revenue Growth: VST Tillers has demonstrated consistent revenue growth over the years, driven by its strong market presence and a diversified product portfolio.
Increasing Profitability: The company has achieved a steady improvement in profitability, with a focus on operational efficiency, cost control measures, and optimized production processes.
Robust Return on Equity (ROE): VST Tillers has maintained a healthy ROE, indicating efficient utilization of shareholders' funds and generating favorable returns for investors.
Strong Financial Position: The company has a strong financial position, reflected in its healthy liquidity ratios, low debt levels, and adequate cash reserves.
Growing Market Share: VST Tillers has been successful in expanding its market share in the power tiller and tractor segments, capturing a larger customer base and increasing its market presence.
Export Performance: The company has made significant strides in its export business, with a focus on diversifying its revenue streams and tapping into international markets, contributing to its overall financial performance.
Dividend Payments: VST Tillers has a track record of consistent dividend payments to its shareholders, demonstrating its commitment to sharing profits and providing returns to investors.
Please note that the financial performance of a company can be subject to market conditions, industry trends, and other external factors, and it is always recommended to refer to the latest financial reports and statements for a comprehensive understanding.
Piramal Enterprises - Long setupBollinger bands have narrowed down. A move is likely one way or other. Selling looks exhausted on lower volume vs buying. Long setup with a SL at 700.
NYKAA might be forming double bottom Nykaa share has been under constant beating from its listing.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
DCX systems showing early signs of retracement.Today's stock for analysis is DCXINDIA.
This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart.
However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible.
175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend.
Study the chart and kindly trade as per your own analysis.






















