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Esab India - Long Setup, Move is ON...#ESABINDIA trading above Resistance of 6106 Next Resistance is at 7530 Support is at 4511 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:ESABINDIALong
by MandeepSinghKohli
ACI is ready to make impact #superchartzKey Levels: Support: 650 Resistance: 730 Technofunda: Archean, a prominent specialty marine chemical manufacturer in India, has made significant strides in its financial health and operational performance over the last few years. Here's a summary of the company's key highlights: 1. **Debt Reduction:** Archean has made substantial progress in reducing its debt, indicating a commitment to improving its financial stability and reducing interest costs. 2. **Near Debt-Free Status:** The company is on the path to becoming almost debt-free, which further enhances its financial strength and reduces financial risk. 3. **Impressive Profit Growth:** Archean has demonstrated robust financial performance with an impressive Compound Annual Growth Rate (CAGR) of 46.8% in profits over the past five years. This consistent growth is a strong indicator of the company's ability to generate sustainable returns. 4. **Strong Return on Equity (ROE):** Archean boasts a solid track record of a 60.0% ROE over the past three years, signifying its efficient utilization of equity capital to generate profits for its shareholders. 5. **Improved Debtor Days:** The company has effectively managed its receivables, as evidenced by the improvement in debtor days from 37.6 to 29.8 days. This reflects efficient working capital management and cash flow control. 6. **Diverse Product Portfolio:** Archean is a leading player in the production and export of specialty marine chemicals, including bromine, industrial salt, and sulphate of potash. This diversified product portfolio can help mitigate risks associated with dependence on a single product. 7. **Global Bromine and Salt Exports:** Archean's status as the largest exporter of bromine and industrial salt in India, combined with its low production costs, positions it well in the global market. This competitiveness may lead to sustained profitability and market leadership. 8. **Revenue Growth by Product:** The revenue bifurcation by product shows a balanced mix, with marine chemical salt accounting for 49% of revenue, bromine contributing 50%, and sulphate of potash making up 1%. This diversified revenue stream can help the company withstand fluctuations in specific product markets.
NSE:ACILong
by SuperChartz
Technical Analysis for Nifty 50 Tomorrow **Technical Analysis for Nifty 50 Tomorrow** **Support and Resistance Levels** * **Support:** 19600 * **Resistance:** 19700, 19750, 19800 **Option Open Interest** * **Support:** 19600/19500 Huge PE Writer * **Resistance:** 19700/19750/19800 Huge CE Writer **Overall Outlook** The Nifty 50 is expected to be rangebound tomorrow, with support at 19600 and resistance at 19700, 19750, and 19800. The option open interest suggests that there is strong support at 19600 and strong resistance at 19700/19750/19800. **Key Points** * The Nifty 50 has been trading in a range of 19600-19800 for the past few days. * There is strong support at 19600 and strong resistance at 19700, 19750, and 19800. * The option open interest suggests that there is strong support at 19600 and strong resistance at 19700/19750/19800. **Trading Strategy** Traders can go long on the Nifty 50 if it breaks through the 19800 resistance level. However, they should place a stop loss below the 19600 support level. Traders can also go short on the Nifty 50 if it falls below the 19600 support level. However, they should place a stop loss above the 19700 resistance level. **Disclaimer** This is not a financial advice. Please do your own research before making any trading decisions.
NSE:NIFTYLong
by santubittu
4
You will never walk alone #SuperChartzKey Levels: Support: 1000 Resistance: 1130, 1190 1230 Write-up: Darvas Box breakout trading is a trading strategy developed by Nicolas Darvas, a dancer turned investor, in the 1950s. It focuses on identifying and trading stocks or assets that break out of a predefined price range or "box." 1. **Simple and Objective:** Darvas Box trading is straightforward to understand and implement. It relies on clear rules based on price movement, making it suitable for both beginners and experienced traders. 2. **Trend Following:** It helps traders identify and follow strong trends in the market. When a stock breaks out of its box, it often indicates the start of a significant trend, allowing traders to ride the momentum. 3. **Risk Management:** The strategy includes a predefined stop-loss level, typically set just below the bottom of the box. This disciplined approach to risk management helps traders limit potential losses. 4. **No Emotion Trading:** By relying on objective criteria (breakout from the box), traders can avoid emotional decision-making, which often leads to impulsive trades. 5. **Volatility Adaptability:** The Darvas Box strategy can be adapted to different time frames and asset classes, making it versatile in various market conditions. 6. **Visualization:** The technique uses a visual representation of price ranges, making it easy to spot potential breakouts and trends. 7. **Long-Term Success:** Nicolas Darvas achieved significant success using this strategy, turning a relatively small investment into a substantial fortune. His story serves as inspiration for traders. 8. **Scan and Screen Stocks:** Traders can use scanning and screening tools to identify stocks that are currently in a Darvas Box pattern, saving time in research. 9. **Exit Signals:** While the strategy focuses on entry points, it also provides guidelines for exiting positions, often based on the stock falling back into the box or breaking the stop-loss level. 10. **Continuous Learning:** Like any trading strategy, Darvas Box trading requires continuous learning and adaptation to changing market conditions. Traders need to refine their skills over time. Remember that while Darvas Box breakout trading has its advantages, no trading strategy is foolproof. It's essential to combine it with proper risk management and a well-thought-out trading plan to maximize its effectiveness and minimize potential losses. Additionally, always be aware of the inherent risks in trading and consider seeking advice from financial professionals.
NSE:METROBRANDLong
by SuperChartz
1
Uco Bank Analysis!Modification in UCO Bank Analysis FLAG AND POLE PATTERN FORMATION IN UCO BANK FLAG Breakout in UCO Bank Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it successfully breaks and closes above 28.55. Then there will be a nice Long trade in UCO Bank. Entry = Above 28.55 Stop Loss= Below 22.30 Target = Short term 37.95 , Long Term 94 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:UCOBANKLong
by Avinash9087