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Breakout and retest done; time to buy ? | CMP: ₹228.65 Greaves Cotton has confirmed a breakout and successful retest on the monthly charts, signaling a strong bullish setup. Adding to the conviction, renowned investors Dolly Kedia and Porinju Veliyath have recently invested in the stock, reinforcing a positive outlook for the company. The current decline appears to be mere panic selling with low volumes, presenting a great buying opportunity for long-term investors. 📈 Technical + Fundamental Strength = High Conviction Buy! 🔹 CMP: ₹228.65 🔹 Support Zone: ₹215-220 🔹 Target: ₹270 / ₹300+ 🔹 Stop-loss: ₹210 (Strict) #GreavesCotton #StockMarket #Investing #Breakout #TradingView 🚀📊
NSE:GREAVESCOTLong
by cksharma418
Action Construction Equipment LtdDate 28.02.2025 Action Construction NSE: ACE Timeframe : Day Chart Company Information : Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters, rotavators, etc. Some Key Values : PE Ratio = 32.1 ROCE = 42.3 % ROE = 30.6 % Book Value = 116 OPM = 14% Promoter =65.41 % DII = 1.70 % FII = 11.90 % Public = 20.86 % Strengths 1 Company is almost debt free. 2 Company has delivered good profit growth of 42.6% CAGR over last 5 years 3 Debtor days have improved from 30.5 to 20.6 days. Weakness 1 Stock is trading at 9.06 times its book value Regards, Ankur
NSE:ACE
by AnkurSingh
CENTURYPLY - VIEWStocks looks good for a Short Sell with Stop Loss of 880 on Weekly Closing basis and with a Target of Rs. 575 thereafter keep Trailing Stop Loss. Trader's/Investors who are on Long Side be little cautious on this counter. Disclaimer: All information give is for educational purposes. Please consult your financial advisor before investing. If you like such content please subscribe and share it with your Trader Friends or Family Members. For more such content. Stay Tuned.
NSE:CENTURYPLYShort
by parthsharma_999
Is Cholamandalam Finance Ready for a Breakout?Cholamandalam Financial Holdings Limited (CFHL), a prominent entity within the Murugappa Group, stands as a testament to India's dynamic financial services sector. Established in 1978, CFHL has evolved into a comprehensive investment company, holding significant stakes in various financial services and risk management enterprises. Financial Performance In the fiscal year 2023-2024, CFHL reported consolidated revenue of ₹258,035.2 million, reflecting a significant increase from ₹181,458.7 million in the previous year. The net income for the same period stood at ₹17,725.2 million, up from ₹12,902.3 million in 2022-2023. Total assets as of March 31, 2024, were valued at ₹1,769,176.7 million, with total liabilities amounting to ₹1,666,759.4 million. Shareholding Structure The shareholding pattern of CFHL is as follows: Promoters: 46.45% Foreign Investors:17.07% Institutional Investors:22.94% Government Holding:0.46% Non-Promoter Corporate Holding:2.11% Public and Others:10.97% Technical Analysis From December to February, the price remained in a consolidation phase and formed a double bottom pattern. The breakout from this pattern occurred on **27/02/2025**. If the price closes and sustains above 1644 on the daily timeframe, we can anticipate a strong upward movement towards 1981. R1 (First Resistance):1744 R2 (Second Resistance):1863 R3 (Third Resistance):1981 Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to conduct their own research or consult with a financial advisor before making investment decisions.
NSE:CHOLAHLDNG
by ALICEBLUE
Key Patterns, Observations, and Future ScenariosThe stock is trading within a well-defined ascending channel, which is indicative of an overall bullish trend. Over the past few years, the price has consistently respected both the upper and lower boundaries of this channel. This is a strong indication of systematic movement and healthy trends in the stock. The price has recently bounced off a key support level near the lower boundary of the channel around ₹179, and it’s currently sitting at ₹202. This suggests that the stock might be gearing up for another move toward the upper boundary of the channel. Fibonacci Levels and Price Action Observations: The Fibonacci levels plotted on the chart act as critical support and resistance zones. Let’s break this down: Support levels : ₹179 is a major support level, being close to the S1 level and the lower channel line. Below that, ₹160 and ₹136 also serve as significant supports if the stock witnesses a deeper correction. Resistance levels: On the upside, ₹225 and ₹237 are immediate hurdles. The ₹225 level aligns with the pivot and has seen price rejection multiple times in the past. Beyond this, ₹263, which is the R3 level, coincides with the upper boundary of the channel and serves as a long-term resistance target. The price action suggests the stock has been consolidating near the middle of the channel, but with a tendency to test higher levels after each consolidation phase. This is a healthy sign of accumulation and consistent bullish interest. Momentum Indicators – MACD: T he MACD (Moving Average Convergence Divergence) indicator below the chart is signaling early bullish momentum: We can see a potential bullish crossover where the MACD line (blue) is about to cross above the signal line (orange). This is a classic signal for potential upward movement in the near term. Additionally, the MACD histogram is beginning to turn positive, though it’s still in the early stages of a bullish signal. This suggests that while momentum is building, we need to wait for confirmation. If the price breaks above the ₹225 resistance level with strong volume, it could lead to a rally toward ₹237, which is the next major resistance based on Fibonacci and channel projections. If the bullish momentum sustains, the price might even target ₹263, the upper channel boundary. This move would signify a continuation of the long-term bullish trend. It’s also possible that the stock might continue oscillating within the channel boundaries for some time, respecting the key Fibonacci levels for support and resistance. In such a case, we might see the price consolidating between ₹179 and ₹225 before making a decisive move. I would consider entering long positions near the ₹179 support level or on a breakout above ₹225. The first target for this trade would be ₹237, followed by ₹263, depending on momentum and market conditions. Stop-loss for this trade could be placed slightly below ₹160 to manage risk effectively.
NSE:REDINGTONLong
by TrueVithbyVishwanath
Testing Key Support with Bearish MomentumTata Power is consolidating between 370 INR (support) and 470 INR (resistance). The MACD shows bearish momentum with a negative crossover and declining histogram. If 370 INR breaks, the next major support lies at 336 INR. The weekly chart of Tata Power indicates a consolidation phase, with the stock trading between 370 INR (support) and 470 INR (resistance). Currently, the price is testing the S1 Fibonacci level (~370 INR), a critical support zone. The following are key observations: Key Observations: MACD Indicator: A bearish crossover is evident, with the MACD line below the signal line. The histogram is negative and declining, signaling strong bearish momentum. Support and Resistance Levels: Current Support: Immediate support is visible near 370 INR (S1 level). Further Downside: If 370 INR breaks, the next critical support level lies around 336 INR (S2 Fibonacci level). Resistance: The stock faces resistance near 470 INR (R1 level). Price Action: The stock is in a downward trend after failing to sustain above its range near 470 INR. A potential breakdown below 370 INR could lead to further bearish action toward 336 INR, a strong historical support. Possible Scenarios: Bearish Continuation: A breakdown below 370 INR would confirm bearish sentiment, with the next support at 336 INR. Traders should watch for strong bearish candles to confirm this move. Reversal Potential: If the price consolidates or forms reversal patterns like a hammer or bullish engulfing near 370 INR or 336 INR, it could indicate a potential recovery toward the upper range. Conclusion: Tata Power is currently at a crucial support zone. A breakdown could lead to further downside, with the next key level at 336 INR. However, any signs of a reversal could present an opportunity for recovery. Traders and investors should monitor price action closely near these levels.
NSE:TATAPOWERShort
by TrueVithbyVishwanath
Comprehensive Technical Analysis of IRFC Weekly Chart: TrendsTrend Analysis: Current Price: ₹145.42 (as shown on the chart). Trend Direction: The breakout from the descending wedge earlier suggests bullish momentum. However, the price has been consolidating in a sideways pattern recently, indicating indecision among traders. A strong support level is evident near ₹140–₹144. Support and Resistance Levels: Immediate Support: ₹144 (near Pivot Point and S1 zone). If the price breaks below ₹144, it could retest lower Fibonacci levels like ₹130–₹125 (S2 and S3). Resistance Levels: ₹153 (R1): If the price can cross this, further upward movement toward ₹160 (R2) and ₹180 (R3) is possible. MACD Insights: Current Status: MACD is below the signal line, suggesting bearish momentum in the short term. The histogram shows shrinking red bars, indicating weakening bearish momentum and potential for reversal. Possibilities: If the MACD crosses above the signal line, it would confirm bullish momentum. If bearish momentum persists, expect further price consolidation or a downward move. Volume and Momentum: The chart does not explicitly show volume bars, but momentum indicators (like MACD) suggest a slowdown in bearish pressure. Wedge Breakout and Potential Scenarios: Bullish Continuation: If ₹145–₹150 is held as support, the price may rally toward ₹160 and eventually ₹180 in the medium term. Bearish Breakdown: If ₹144 is breached, the price may revisit ₹130, a strong support level from previous consolidations. Sideways Consolidation: If momentum remains weak, the price could range between ₹144–₹153 for a few weeks.
NSE:IRFC
by TrueVithbyVishwanath
1
irctc near target price 650IRCTC (Indian Railway Catering and Tourism Corporation) is a subsidiary of Indian Railways that plays a pivotal role in providing travel and tourism-related services. It primarily focuses on facilitating online train ticket bookings, catering services, and promoting tourism across India. IRCTC's website and mobile app offer a convenient platform for passengers to book train tickets, check train schedules, and make reservations for both long-distance and short-distance journeys. In addition to ticketing, it also provides services like e-catering, where passengers can order food during their train journeys, and offers packages for tourists, including religious and heritage tours. Over time, IRCTC has transformed the railway travel experience in India by making it more accessible, efficient, and customer-friendly, catering to the growing demands of digital platforms and travel convenience.
NSE:IRCTCLong
by TheGoldenFarmsofEquity
Aegis Logistics Ltd Stock Analysis**GlobalTradeHub | Aegis Logistics Ltd Stock Analysis** **Fundamental Analysis:** Aegis Logistics, a leader in India's oil, gas, and chemical logistics sector, benefits from strong demand for LPG and industrial gases. The company’s robust infrastructure and expansion plans support long-term growth. Key risks include global crude price volatility and regulatory changes. **Technical Analysis:** The stock is trading near ₹440 resistance. A breakout could push it toward ₹470. Strong support lies at ₹400, with further downside risk if breached. RSI around 62 suggests bullish momentum but approaching overbought levels. **Key Levels:** - **Resistance:** ₹440 / ₹470 - **Support:** ₹400 / ₹380 **Conclusion:** Aegis Logistics has solid fundamentals. A breakout above ₹440 could fuel further gains, while dips to support zones may offer buying opportunities. 📊🚀
NSE:AEGISLOGLong
by Globaltradehub
Opportunities in India's IPO Market# Opportunities in India's IPO Market India’s IPO market is booming, with companies across sectors raising capital through public listings. Investors can capitalize on early-stage growth, listing gains, and long-term wealth creation by strategically investing in IPOs. ## 1️⃣ Why Consider IPO Investments?** ✅ Early-Mover Advantage:** Get in at the ground level before institutional investors. ✅ Listing Gains: Strong demand often leads to high first-day premiums. ✅ Long-Term Growth: Quality IPOs with strong fundamentals deliver multi-bagger returns. ## 2️⃣ Key Sectors Driving IPO Growth ✅ Tech & Startups: New-age businesses like fintech, SaaS, and e-commerce attract investors. ✅ Manufacturing & Infrastructure: Government initiatives like PLI schemes boost IPO activity. ✅ Healthcare & Pharma: Growing demand post-pandemic fuels new public offerings. ## 3️⃣ How to Identify Profitable IPOs? ✅ Strong Fundamentals: Look for consistent revenue, profitability, and growth potential. ✅ Valuation Analysis: Compare IPO pricing with industry peers to avoid overvaluation. ✅ Anchor Investor Participation: High FII & DII involvement signals strong confidence. ### Conclusion India’s IPO market offers exciting opportunities, but due diligence is key. Evaluating **business fundamentals, industry trends, and valuation helps investors maximize gains while managing risks. 🚀
NSE:TCSEducation
by SkyTradingZone
3
Breakout from the channel, targets of around 11,000 by year endBajaj Finance Stock Analysis – 2024 1. Strong Track Record of Consistent Growth Bajaj Finance has been one of the most consistent compounders in the Indian stock market. Over the past decade, it has delivered CAGR returns of 25-30%, outperforming most large-cap peers. However, in the last 2-3 years, the stock price has remained largely range-bound due to rising interest rates, regulatory concerns, and macroeconomic uncertainty. 2. Recent Breakout and All-Time High Despite this consolidation phase, Bajaj Finance has recently achieved a new all-time high, signaling renewed momentum. This breakout suggests that investors are regaining confidence in the company's future growth prospects. 3. RBI’s Liquidity Boost – A Key Growth Driver With the RBI infusing more liquidity into the system, the cost of funds for NBFCs (Non-Banking Financial Companies) like Bajaj Finance is expected to decline. This will allow the company to: Expand its loan book at an accelerated pace Improve net interest margins (NIMs) Strengthen its competitive position in consumer and SME lending 4. Fundamental Strengths Loan Book Growth: Maintains a 25-30% YoY loan book growth with a well-diversified portfolio across consumer, SME, and rural lending. Strong Asset Quality: Despite macroeconomic headwinds, GNPA remains under 1.5%, reflecting disciplined risk management. Profitability: Consistently delivers ROE of 20%+ and ROA above 4%, among the best in the industry. 5. Technical View – Bullish Momentum The stock has broken out of a multi-year consolidation phase, with increasing volumes supporting the uptrend. If sustained above key resistance levels, further upside can be expected toward ₹9000-9500 in the medium term. RSI and MACD indicators suggest strong bullish momentum. 6. Key Risks to Watch Regulatory Changes: RBI’s tightening of NBFC norms could impact lending flexibility. Macroeconomic Factors: A slowdown in consumption or higher interest rates could affect demand for loans. Competitive Pressure: Increasing competition from banks and fintech companies. Conclusion Bajaj Finance is well-positioned to benefit from RBI’s liquidity push, strong demand for consumer finance, and improving asset quality. With a fresh all-time high, the stock could continue its upward trajectory, making it an attractive bet for long-term investors
NSE:BAJFINANCELong
by cksharma418