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ICICI BANK ( Looking to invest 💥)Add this to watchlist and wait for entry.👁️‍🗨️ For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "972" . Trade carefully untill ENTRY level. . Entry: 972 target: 975 - 985 sl: 965 -960 major stoploss/ support: 960 . . Enter only if market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer over old posted idea attached below.
NSE:ICICIBANKLong
by TheNuraTrading
2
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