Get started
Stock analysis - Himadri Speciality Chemical Ltd Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player of Naphthalene and SNF in India. Product Portfolio The company is a key player across various product segments, including battery materials, coal tar pitch, carbon black, naphthalene, refined naphthalene, SNF, and specialty oils. It serves a diverse range of industries, such as lithium-ion batteries, paints, plastics, tires, aluminum, graphite electrodes, agrochemicals, defense, and construction chemicals. Fundamental analysis Comoany have registered highest Ever sales with OPM% of solid 16% highest in last 4 year. EPS are at highest ever. Expanding its production capacity with current year CWIP of 105 cr. Debt is reducing , current Debt to Equity stand as low as 0.10. ROCE is 19% , highest in last 4 years. Promoter and institution investor have increased their share holding in recent quaters. Cons Stock is trading at 8.52 times its book value and PE of 60.3. Technical analysis After taking support from fib.50% level , formed a cup and handle and given breakout with increasing volume , shows bullish momentum with potential to cross all time high in long run.
NSE:HSCLLong
by rts_stocks_imfo
Aurobindo Pharma Ltd Daily timeframe Chart Analysis 📊 Chart Overview: The Aurobindo Pharma Ltd on a daily timeframe chart from the NSE. It displays candlestick price action with key indicators like MACD, RSI, volume, support, and resistance levels. ATR trailing stops and colored zones highlight trend shifts. --- 🔍 Key Chart Feature and Pattern Observation: 1️⃣ The stock experienced a downtrend from mid-August to mid-November, followed by a consolidation phase. 2️⃣ A double-bottom pattern seems to have formed near the ₹1173 level, suggesting a potential trend reversal. 3️⃣ There’s a clear breakout above resistance around ₹1276, supported by strong green candles and volume spikes. 4️⃣ Support and resistance levels are well-defined at ₹1173 (support) and ₹1592 (resistance). 5️⃣ ATR trailing stops indicate a bullish momentum with green zones appearing recently. --- 📈 Indicator Analysis: 🔸 Volume: - Noticeable volume spike during the breakout above ₹1276, indicating strong buying interest. - Before the breakout, volume was lower, suggesting accumulation. 🔸 MACD (Moving Average Convergence Divergence): - The MACD line (black) has crossed above the signal line (red), indicating bullish momentum. - The histogram is green and increasing, further confirming bullish sentiment. 🔸 RSI (Relative Strength Index): - RSI is trending upward and is currently at 55.11, indicating strength but not overbought yet. - A crossover above 50 reinforces bullish momentum. --- 📍 Key Level or Price Level: ✅ Support Levels: ₹1173 ✅ Resistance Levels: ₹1276 (recent breakout), ₹1592 (next major resistance) ✅ Key Zone: ₹1276-₹1300 acts as an immediate support post-breakout. --- 📝 Overall Summary: - The stock has transitioned from a downtrend to an uptrend, confirmed by a breakout above ₹1276. - MACD, RSI, and volume all align with the bullish outlook. - The double-bottom pattern suggests further upside potential. --- 📊 Trading Strategy: 1️⃣ For Swing Traders: Buy near ₹1276-₹1300 zone with a stop-loss at ₹1173. 2️⃣ For Target: Aim for ₹1450 as the first target and ₹1592 as the second target. 3️⃣ For Short-Term Traders: Monitor RSI for overbought levels and consider profit booking near ₹1450. --- ✅ Conclusion: Aurobindo Pharma Ltd shows a bullish breakout supported by strong volume, positive MACD crossover, and RSI strength. Traders can consider long positions with proper stop-loss and target levels.
NSE:AUROPHARMALong
by ramumaurya
JINDALPOLY Trade set upBased on the TradingView search results, here's an analysis of JINDALPOLY's price action: **Key Price Insights** - The stock has been experiencing multiple rejections around the 700 price level - Currently showing potential for an upward move, with analysts suggesting it may break previous resistance - Potential price range identified between 850-880, with target prices projected at 1100, 1300, and potentially a new all-time high **Trading Recommendations** - Entry Point: Around 700 - Stop Loss: 670-700 - Potential Target Ranges: - Short-term: 1100 - Medium-term: 1300 - Long-term: New All-Time High **Technical Observations** - The stock appears to be bottoming out with significant buying volumes - Showing signs of a strong trendline breakout with volume surge **Caution** These are trading ideas and not definitive investment advice. Traders should conduct their own research and risk assessment before making any trading decisions.
NSE:JINDALPOLYLong
by KarniKripaa
Trendline breakout @ Action Const Equip Ltd. (ACE) STOCK: ACE SETUP: The price continuously faced the resistance of the trendline. The level was tested four times, broke out a fifth time, and then the same level was retested. VOLUME: Volume is noticeably increased PLAN: Entry: Above high of the candle, 1536 STOP: Low of the candle or last swing, TARGET: 1:2 or 1:3 NOTE: Manage your risk # Keep market sentiments in mind # For learning purposes only NOTE: Will not update on the same setup # Take Stop or Target
NSE:ACELong
by hemantonline0017
IREDA trade set up ideaIREDA (Indian Renewable Energy Development Agency) is currently showing promising technical indicators for traders: Current Price and Trend The current stock price is around 218.47 INR, with recent bullish signals indicating potential upside movement124. Technical Analysis Highlights Breakout Signals: The stock has broken above a descending trendline, suggesting a potential trend reversal. EMA Performance: Trading above the 200 EMA (currently at ₹190.05), indicating a shift to a bullish long-term sentiment. Volume Dynamics: A significant volume spike has accompanied recent price movements, adding credibility to the bullish trend. Price Targets and Trading Setup Traders are suggesting the following potential targets: Positional target of 300 INR Intermediate targets: First target: ₹240 Second target: ₹260 Risk Management Entry point: ₹218 (above breakout candle's high) Stop Loss: ₹205 (below recent consolidation and EMA 200)4 Additional Observations The stock is currently down 15-20% from its recent high RSI is at 62.38, showing strength while remaining below the overbought zone. Analyst Forecast One analyst has set a price target of 280.00 INR, which aligns with the bullish technical indicators observed in the current analysis. Disclaimer: This analysis is for informational purposes only. Always conduct your own research and consult a financial advisor before making trading decisions.
NSE:IREDALong
by KarniKripaa