Saregama India cmp 551.10 by Weekly Chart viewSaregama India cmp 551.10 by Weekly Chart view
- Price Band 545 to 575 Resistance Band
- Close to 30 months long Bullish Rounding Bottom
- Stock Price is decently above EMA 20, 50, 100, 200
- Technical Indicators of MACD, RSI are seen getting positive
- Volumes spiked heavily last week indicating demand based buying
- Price closure above Resistance Zone with supportive Volumes would probably trigger a fresh breakout to go beyond ATH for creation of New Lifetime High Milestone
X-indicator
Nifty Analysis – Today’s Game Plan! (31st December 2024)🔥 Nifty Analysis – Today’s Game Plan!
Let’s Break It Down:
The Nifty is currently trading at 23,658.65, sitting in a zone where things can go either way. With clear support and resistance levels, the market is poised for its next big move.
📍 Levels You Can’t Ignore:
🚀 Strong Resistance Zone: 24,055
⚡ Immediate Resistance: 23,878
🛡️ Support Zone: 23,535
🔒 Strong Support Zone: 23,318
What Could Happen?
💥 Bullish Scenario:
If Nifty manages to break above 23,878, it’s likely heading toward the 24,055 mark. This breakout could mean strong momentum, so watch for increased buying volumes.
⚠️ Bearish Scenario:
If Nifty struggles to stay above 23,535, a slide to 23,318 might be on the cards. Breaking this level would bring more pain for the bulls.
Here’s the Plan:
For Buyers:
Go long only above 23,878, aiming for 24,055. Keep your stop-loss tight around 23,750.
For Sellers:
Consider shorting below 23,535, with a target of 23,318. Protect your trade with a stop-loss near 23,650.
Something to Think About:
RSI Levels: Showing signs of possible recovery—are the bulls gearing up?
Volume Watch: A breakout without volume isn’t reliable. Let the market show its hand!
Market Open Impact: GIFT Nifty hints the market might open near these zones. Be ready for action!
Final Words:
Markets are unpredictable, but preparation is key. Know your levels, set your stop-loss, and trade like a pro. Remember, discipline beats emotions every time!
Disclaimer: This is not financial advice—just a trader sharing insights. Trade smart, trade safe!
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Reversal from a Key Support Zone in the GIANT of Paint StocksHello everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought an analysis on Asian Paints and it the largest home decor company in India. The 80+yyr old company has major brands like Asian Paints, Berger, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
Technical Analysis and Key Levels to Watch
Asian Paints has reached a critical support zone between ₹2,150 - ₹2,335, a level that has historically shown strong buying interest. This area has proven to be a reversal point in the past, and recent price action indicates a potential recovery.
In the short term, the stock may aim for ₹2,577, aligning with previous swing lows. If the momentum continues, ₹2,867 becomes the next logical swing target, with a possible medium-term move to ₹3,158. For the long term, the ₹3,590 resistance zone is an ambitious but achievable goal if market sentiment remains favorable.
Volume activity suggests increased buying pressure near the support, and indicators like RSI are likely recovering from oversold levels, signaling potential upside. The stop-loss at ₹2,150 ensures risk is well-managed for those looking to trade this setup.
Key Financial Highlights
Market Cap: ₹2,24,064 Cr.
Current Price: ₹2,336
52-Week High / Low: ₹3,395 / ₹2,256
Valuation Metrics:
Stock P/E: 47.7 (Industry P/E: 46.9)
Intrinsic Value: ₹646 (Stock trading significantly above intrinsic value)
EPS: ₹47.6
Fundamentals:
Book Value: ₹188
Debt: ₹2,516 Cr.
Debt-to-Equity Ratio: 0.14 (Low debt levels indicate strong financial stability)
Dividend Yield: 1.43%
Profitability Metrics:
ROCE (Return on Capital Employed): 37.5%
ROE (Return on Equity): 31.4%
Net Profit: ₹4,631 Cr.
Ownership:
Promoter Holding: 52.6%
Long-Term Performance:
5-Year Return: 6.47% (Moderate growth over the long term)
Key Takeaway:
Asian Paints has strong profitability metrics with an impressive ROCE of 37.5% and a healthy ROE of 31.4%. Low debt-to-equity (0.14) reflects financial stability, while its valuation metrics (P/E vs. Intrinsic Value) suggest the stock is trading at a premium.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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SBILIFE long time good reversal entry of the year do not talking about in any of stock only i share for my study . I am not recommend stock to but or sell .
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Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
epro-bullswings
Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
Can 2025 Be A Reversal For INDUSINDBK?NSE:INDUSINDBK has been falling since 1700 rupees and is all the way down about 50% from the last swing low. Recently the bank has shown a short term crash like structure where a Divergence build-up usually results in a reversal.
The 61.8% level which is considered a good retracement level is still far below at 780. But considering the current sharp fall, the divergence buildup, and 50% retracement, it might not be a bad idea to enter an early buy position.
Currently the major challenge for this bank is 1000 level which is somehow acting as a psychological resistance. 925 can be a hard stop with reconsideration of second buy at 780.
~ Trading Idea by Dr. Sagar Bansal via @jyotibansalanalysis
Ideaforge Drones are ready to fly. "create. inspire"Hello, Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock which is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS). . It looks at bottom near to its IPO price and ready to change trend. Ideaforge is the name of the stock. CMP is 646. Its all time low is 535 and all time high is 1344. Strong support at 550. Strong Resistance at 700 to 740. If it breaks then Upside target as per Fibbo 850, 950, 1050, 1150 and 1350. Just an assumption. Please do you research. Not a suggestion of buying.
Source: Screener.in
Ideaforge Technology Ltd
About
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).
Key Points
Business Profile The company manufactures Unmanned Aircraft Vehicles for Mapping, Security & Surveillance. These drones are capable of a wide range of mining area planning, and mapping applications.
Product Portfolio
A) Hardware- includes UAVs, payloads, batteries, chargers, and communication systems.
B) Software and embedded sub-system- includes GCS software, which enables controlling and management of their UAVs, and autopilot sub-system, which enables remote control and autonomous completion of flights.
C) Solutions- enables industry/application-specific software that enhances the value of their UAVs to the end
customer.
Product Application IdeaForge UAVs help construction and real estate boost their operations. They also assist defense forces in conducting Intelligence, Surveillance, and Reconnaissance (ISR) operations along borders.
Manufacturing Facility Co. manufactures all products in-house from their manufacturing facility at Navi Mumbai, Maharashtra. The manufacturing facility spans 21,000 sq. ft. of licensed premises and has three floors, which include a store area, testing areas, and production lines.
IdeaForge has two main software:
A) BlueFire Live!: It enables secure and live streaming of UAV video feed and allows payload control from a remote command location.
B) BlueFire Touch: is a Ground Control Software (GCS). It is built to plan and command mapping and surveillance missions with the ability to pre-plan missions based on operational area and target locations via waypoint-based navigation.
Market Leader The company is a market leader in the Indian Unmanned Aircraft Systems market with a market share of ~50% in FY22 and ranked #1 in India. It has the largest operational deployment of indigenous UAVs across India, with an ideaForge-manufactured drone taking off every five minutes for surveillance and mapping on average.
Rankings The company has been ranked 5th globally in the dual-use category (civil and defense) drone manufacturers as per the report published by Drone Industry Insights in December 2024.
Operational Metrics
420,000+ - Flights completed by its customers
60,000+ - Flights launched in FY24
66 - Patent Pending + Granted
Extensive Offerings They have a broad range of products with feature-based differentiation such as weight class (approximately 2-7 kg), endurance class (25-120 minutes flying time), take-off altitude range (up to 6,000 meters), communication range (approximately 2-15 km), payload types, etc.
Revenue Bifurcation - Service wise - 9MFY24
Civil - 9%
Defense - 92%
New Product Development
- Development started for the middle mile logistics platform
- Innovative 4G/5G solution for drone communication
- Prototyping of Tactical UAV platform in advance stages
Increase in Workforce
Co. has significantly expanded its Product Development team across all levels to support current and future product roadmap, with 72% increase in team size compared to June 30, 2023
Working Capital Intensive
Operations persist in requiring significant working capital, with inventory levels ranging from 220 to 280 days and debtors ranging from 75 to 125 days. Since the group’s customers include government bodies the Cash Conversion Cycle is expected to remain high.
IPO Details Co. has raised 567 Crs through the IPO and is over-subscribed by 106 times and will get listed on July 10, 2023.
The fresh issue will be utilized for:
A) Repayment of Borrowings
B) Funding working capital requirements,
C) Investment in product development,
D) General corporate purposes.
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CRISIL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in BAJAJHCARE
BUY TODAY SELL TOMORROW for 5%
Nifty Spot - At make or break areaDate 04.01.2025
Nifty Spot
Timeframe : Weekly chart
1 Nifty at very very critical area if breaks down the neckline = 23400 then deep cuts & blood bath
2 Do not trade or unclear trend between Neckline & support/resistance zone
3 Head & Shoulder formation on top of the trend is surely concerning
Support/resistance zone = 24150
Neckline = 23400
In between no trend or sideways
RSI = 37 shown double bottom