"Be Surprised" - "Jaisa Performance, Waisi Price!"Indigo Paints Ltd
About
Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints
Key Points
Leading Paint Company
The company is a leading paint company in India that produces a wide range of decorative paints. It is the first company to introduce category-creator products like Metallic Emulsions, Tile Coat Emulsions, etc in the decorative paint market in India. The company has ~80%-90% market share in some of its differentiated products.
Product Portfolio
The product portfolio comprises of Emulsions, Enamels, Wood Coatings, Primers, Distempers, Cement, Paints, Putties etc.
📈 Indigo Paints – Is a Breakout Brewing? 🎨
CMP: ₹1,199 | View: Positional Bullish | Chart TF: Weekly & Monthly
🔹 Technical Breakout:
Price has successfully broken out of a long-term falling trendline on both weekly and monthly charts after forming a strong base near ₹1,000.
MACD crossover, rising RSI, and Parabolic SAR flip all support this uptrend.
Volume spike seen recently confirming accumulation.
🔹 Bullish Indicators:
RSI (W1 & M1) back above 50 – momentum shifting.
MACD crossovers with histogram reversal.
Price reclaiming 50EMA and 100EMA for the first time in months.
Bullish divergence played out.
📰 Fundamental Triggers:
CNBC TV18: Management expects growth to pick up from Q1 FY26, with strong sales outlook.
MoneyControl: Sharekhan gave a Buy call with a target of ₹1234.
NDTV Profit: Indigo Paints picked as a top stock to buy this week.
📊 Screener Fundamentals:
Debt-free, consistent ROE ~18%
Strong operating margins
Expanding dealer network and brand recall improving
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
Paintsector
ASIAN PAINTS FOR 50% GAINLeading company in the paints sector, Hit by the fear of new players coming in to the sector to disrupt the market, but the reality is The old player & the big player remains tobe the leader in the industry.
In the long term There's no sign of slowdown in the future.
Asian Paints, Indigo Paints, Berger Paints, Kansai Nerolac All are looking Lucrative .
Per capita paint consumption is very low compared to global average.
India's growth story for Upcoming decades looks Strong indicates a rise in the Paint consumption.
The leading company in the paints sector knows how to tackle competition.
The price is at support of multiple times.
Multiple patterns are in making on the longer time frame.
Asian paints is trading far below it's Average P/E of past 5 years.
Big Institutions and Mutual funds are buying at this price level.
Note: May have positions in the Stock and it's peers.
INDIAGO PAINT ready to touch IPO price 1 as 11 risk reward ratioINDIGO PAINT has give long 2 and half year consolidation break out.
Stock as has been down trend its listed on Feb 2021
Stock has give rounding bottom pattern breakout and multiple pattern at lower time frame.
*POSTIONAL TRADE*
Buy INDIGO PAINTS
At 1650 50% quantities, 50% between 1600-1625
Stop 1485
Target 1 (1:2) 1791
Target 1 (1:4) 1991
Target 1 (1:5) 2091
Target 1 (1:7) 2291
Target 1 (1:9) 2491
Target 1 (1:11) 2691
_Duration 6 months_
Trade as per your risk-taking capacity.