Banco Products A nice symmetrical triangle breakout with volume. Target zones are marked in green. Stoploss as per risk appetite. Longby CannySunnyUpdated 12
Beautiful Price Action With Good Q2 Numbers.NSE:BANCOINDIA Posted Good Q2 Numbers for FY 24-25 with Margin Expansion. It manufactures and supplies engine cooling modules and systems for automotive and industrial applications in domestic and international markets. Results Snapshot: QoQ Sales: 11.3 % QoQ Profits: 102 % YoY Sales: 23.5 % YoY Profits: 110 % OPM%: 23% Currently Trading at 17.4 times P/E. with Book Values/Share of 4.72. 🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions. Longby Karanshah137Updated 6
Banco India Short Term TradeThe stock has been in a consolidation stage since 4 months, Area around 805 has been resistance, On and after the breakout, a strong bullish momentum is visible along with high volume and atr Thus, for a short term trade, tgt 1067, sl 873Longby zenni_10Updated 4443
BANCO ka train pp r2 SE chhut rahi haiBanco Products (India) Ltd. seems to be drawing attention due to a strong performance, evidenced by **sales, EPS, and margin surprises**. Here's an analysis of its prospects: --- ### **1. Fundamental Analysis** #### **Key Highlights**: - **Sales Growth**: Indicates robust demand for its products (likely cooling systems, gaskets, and other auto-related components). Check if this growth is: - Driven by higher volume sales or pricing improvements. - Linked to specific sectors like the automotive, industrial, or export markets. - **EPS Growth**: Reflects efficiency in converting sales to net profits. Evaluate: - Operational efficiency: Rising EPS can point to cost control or economies of scale. - Debt and interest costs: Lower financing costs or debt reductions can also boost EPS. - **Margin Expansion**: - **Gross Margins**: Could reflect better raw material cost management or premium product positioning. - **EBITDA Margins**: Operational leverage or better cost efficiency. - **Net Margins**: Benefiting from reduced taxes, lower debt, or export incentives. #### **Peer Benchmarking**: - Compare against peers in the cooling and auto ancillary sectors like **Gabriel India**, **Jamna Auto**, or **Minda Industries** to assess if the outperformance is company-specific or sector-wide. --- ### **2. Technical Analysis** #### **Price and Momentum**: - **Breakout Levels**: If the stock is near or above a resistance level, it indicates strong momentum. Identify the nearest **pivot levels**, trendlines, or Fibonacci retracement levels for targets. - **Volume Confirmation**: A sharp rise in volume alongside price action validates the bullish trend. #### **Indicators to Monitor**: - **Moving Averages**: - Trading above the 50-day or 200-day Moving Averages strengthens bullish sentiment. - Golden Cross (short-term MA crossing above long-term MA) can be a strong signal. - **RSI**: If RSI is moving toward 70 but not yet overbought, there could be more upside. - **MACD**: A bullish crossover adds confirmation to the momentum. --- ### **3. Catalysts Driving Growth** - **Auto Sector Revival**: If sales are tied to automotive components, an industry-wide recovery boosts revenue. - **Export Growth**: A focus on global markets, especially in industrial or aftermarket cooling systems, can enhance top-line growth. - **New Product Launches**: Expansion into value-added or premium products can sustain margin improvements. --- ### **4. Risks to Consider** - **Raw Material Costs**: Input costs, such as metals, could erode margins if inflation rises. - **Sector Dependence**: Heavy dependence on automotive or industrial cycles might lead to earnings volatility. - **Global Headwinds**: If exports drive a significant portion of revenue, currency fluctuations and demand variability are risks. --- ### **5. Investment Strategy** - **Short-Term Play**: - Focus on momentum trades if technical levels and indicators align. - Place a stop-loss below key support levels for risk management. - **Long-Term Holding**: - Evaluate consistent margin trends and product diversification. - Debt levels and ROCE (Return on Capital Employed) are critical for assessing sustainability. Would you like a detailed **technical chart analysis** or comparison with competitors to identify the best next steps?Longby soumenkuilya40
Banco Products (i) Limited - Breakout Setup, Move is ON...#BANCOINDIA trading above Resistance of 860 Next Resistance is at 1998 Support is at 637 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.Longby MandeepSinghKohli8
Banco Products (i) Limited - Long Setup, Move is ON...#BANCOINDIA trading above Resistance of 637 Next Resistance is at 860 Support is at 415 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.Longby MandeepSinghKohliUpdated 5
BANCOINDIA DIWALI 2024 TO 2025simple ORB strategy....i will BUY near EOD or if the price trade BELOW the blue line..after entry will wait for target or (SL) Will be black line close candle in D' chart i will come out .....CHECK THE TARGETS IN THE CHART its just my view educaltional purpose only Longby RAMKUMMAR222
Long Banco IndiaHigher highs and Higher lows In time correction since jan Volumes spikes in daily time frame suggest resuming uptrend possiblity low risk high reward cmp 730 sl 680 target 988 Holding period 2-3monthsLongby MountainWolf2
Balmer Lawrie - Ready for breakout - Should reach 400 Soon!!Balmer Lawrie & Co Ltd. Technicals:- 🟢 Volatility contraction 🟢 U/D Ratio 1.8 tells that when volume rises, stock is very likely to rise 🟢 Consolidating since Jan 24 (9 months) Holdings Insights 🟢 Mutual Funds have increased holdings from 0.06% to 0.07% in Jun 2024 qtr. 🟢 FII/FPI have increased holdings from 2.71% to 3.07% in Jun 2024 qtr. 🟢 Number of FII/FPI investors increased from 82 to 96 in Jun 2024 qtr. Source - www.moneycontrol.com Others -> Dividend date is 19th September -> Next earnings coming on 7th November PS:- I am not a SEBI certified professional. I do trading for money and fun and these are my personal analysis. I don't have an agenda for sharing these stock recommendations either. I just love to share Longby SwingSanuj3
Cup and Handle in Banco!Chart -> Banco Products Daily Fresh Cup and Handle breakout with new high and good volume can drive the momentum. CMP: 760 Good Range To Buy: 725 to 760 Targets: 799, 839 and more SL: 680 Daily Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.Longby kathanthakkar4031
BANCOINDIA Long (Swing + Trendline Support)SWING RESEARCH TO OBSERVE BANCOINDIA Looks Good ABOVE 7683 SL 535 Target 748, 814, 880, 1011 Hold few Months Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHIUpdated 2
BANCOINDIA Swing and Positional Trade!🔥 Don't Miss: Strong STOCK for this Week (29 July – 02 Aug) Swing Trading #BANCOINDIA looks good above 769.Longby Uday_Mandal2
BANCOINDIA Ready to FlyHey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From Jan 2024 to July 2024 its in 200 Points range. * From Jan 2024 to July 2024 Tested & Moving Near Resistance Many times. * It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume. * Volume Accumulation (Volume is Highest Ever After August 2023 big move). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.Longby ChartSight118
Banco Products (India) looking ready to breach ATH1. Price surge above 20-50 DMA with high volumes 2. Primary trend 200 DMA - rising 3. Double bottom base formation 4. Depth of Base 30% Duration of base formation 163 days (From ATH) 5. Great setup for anticipatory traders Longby drchintanjoshi0
BANCO PRODUCTS Surges with Breakout Above Key Resistance✅The stock has broken out above the key resistance level around 690-710, indicating a potential continuation of the bullish trend. ✅The ascending trendline provides strong support around the 580-600 range, reinforcing the stock's upward trajectory. ✅The RSI is at 72.78, indicating strong bullish momentum. The MACD histogram shows positive momentum, with a recent bullish crossover further supporting the breakout. ✅The breakout is accompanied by a significant increase in volume, confirming strong buying interest and bullish sentiment. ✅Banco Products has demonstrated consistent growth in revenue and profitability. The company's strong balance sheet and effective cost management strategies contribute to its financial stability. ✅The company is a leading manufacturer of automotive cooling systems and gaskets. Its strong market position and continuous innovation in product offerings provide a competitive edge. ✅The automotive components sector is experiencing robust growth, driven by increasing demand for vehicles and advancements in automotive technology. Banco Products is well-positioned to capitalize on these industry trends. ✅Positive macroeconomic indicators and supportive government policies are likely to benefit the automotive sector. Banco Products' strategic initiatives and financial strength make it a promising player in the industry.Longby Marketik3
Banco Products (India) LtdBanco Products (India) Ltd any dip can buy target and stop loss follow by chart Longby sivakaarthik1
BANCOINDIABanco products has bullish view. After break the trend line price move to 756.Longby PANNER_SELVAM_KATTAKALAI2
Banco Products (i) Limited - Long Setup, Move is ON...#BANCOINDIA trading above Resistance of 415 Next Resistance is at 637 Support is at 277 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. 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.Longby MandeepSinghKohliUpdated 6
Buy with target of 660Can be bought with a target of 660 and keep stop loss at Fibonacci levels as per your risk appetiteLongby mu88172
BANCOINDIAEntry: above 590 SL: will update when entry is triggered ● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. ● Good up move of 40% ● Price again getting tighter along EMA10 & 20 ● Dry volumesLongby viswanathreddykurlaUpdated 2
banco india on watchlistlooking good high tight flag - contraction, banco India is an auto ancillary sector stock and looks good on long side Longby whale_tradesystem63
Banco India - Monthly LongRounding Bottom Breakout/Failed Cup & Handle Breakout in Monthly Charts Seems to Last above 278 & Give a Breakout Target 1 278 Target 2 355 Target 3 500 Sl 245 Holding 6-9 Months Check Fundamentals thoughLongby MoneyMentorsUpdated 6
BANCO INDIA- Breakout CandidateBANCO INDIA has given a breakout on daily chart after a long consolidation of almost 4 months. We can see good volumes below with RSI (14) above 60. Weak below 203. Possible resistance- 265/270 Longby PowerOfTAUpdated 2219