BANCO PRODUCTS AT 5 YEAR'S HIGHBANCO PRODUCTS currently trading at 5 year high one can enter at cmp with a stoploss of 270
BANCOINDIA trade ideas
Banco Products, Positional CallBanco Products has broken out to new highs, making it a good stock to consider for a long-term investment. The company currently has a dividend yield of 6.95%.
Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications. A recent articlkes says "The Global Automotive Heat Exchanger Market size was valued at USD 22 billion in 2021 and is expected to reach USD 39 billion in 2030 at a CAGR of 7% from 2021 to 2030."
BANCOINDIA - Ichimoku Bullish Breakout Stock Name - Banco Products (i) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 274
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Monthly & Weekly BreakoutMonthly & Weekly breakout. Looking good.
Good Q3 results. Keep under radar.
Reco-258
Solid breakout in Banco ProductsChart -> Banco Products(BANCOINDIA) Daily
CMP: 256
Good Range: 245 to 255
Targets: 290, 312
SL: 236 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.
BANCO INDIA - DAY CHART - 31.01.2023 - BAHAVAN CAPITALBANCO INDIA as per day chart analysis
Stock ABOVE 203 TARGET 207
Happy Profitable Trading to All...
BUYStock taking support in every levels
There will be good bull run in near future with target of 254
not the sebi certified
educational purpose only
BANCO INDIA - DAY CHART - 27.12.2022 - BAHAVAN CAPITALBANCO INDIA as Per Day Chart Analysis Stock ABOVE 203 TARGET 207.
Happy Profitable Trading to All....
BANCO Upside MomentumAs you can see Big investors are again buying this share evident by the 2nd indicator
BANCOINDIA | Swing trade with decent RRR.Swing Trade opportunity.
CMP: ~ 189.45 ( Buy @ ~ 196.45)
SL: ~ 177
Target: ~ 234 | ~ 268 | ~ 327
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
The large hearted promoters of Banco Products!Banco Product has announced a whopping dividend of Rs. 20/- per share...hopefully thats not a typo as it is a payout of 140 crores from this companys coffers! the market cap of this company is 1200 crores only! It has had a history of giving higher dividend than its net profits but this one is the biggest yet.. company manufactures engine cooling and engine sealing system for auto and industrial purposes..has good domestic and international clients..no debt in balance sheet... topline has barely doubled in 10 years though so that is a thought to consider.. one may go long if the downward ward resistance trendline is broken....already gone up quite a bit post result and dividend declaration
Banco India... gathering momentumMay look at Banco Products, formed a cup and handle pattern..target open is 201 with stop loss below the red line...my SL will be 169.30
BANCOINDIA |Retracement after C&H BO complete | 60% UpsideNSE:BANCOINDIA
After Jan 2018
Cup & Handle Breakout > 189
After Retracement CMP Bounce from 50 Week SMA
Price back in Pitchfork
Targets : 226 - 272 - 318
SL: 168
RSI sustaining above 55
Volume Contraction during Retracement
BANCOINDIA :: LONG (Bull Flag Breakout / Retest)Initial buy :: 185 - 195
Initial S/L - 175
Add more near 210-215 (if price sustains or retraces)
Trail using SuperTrend Indicator
Use FIB Levels or Channel Top for Target reference..
Reasons for increased probability::
----------------------------------------------
-- RSI breakout and Price / RSI are making HH & HL
-- Price broke the bullish flag pattern with decent volumes and retested.
/**
Caution : Smallcap Auto stock... Prefer allocating <5% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
BANCOINDIA - Price and Trend SetupPrice rising along weekly trendline and may soon test 200 again as it was rejected on last try. 200 would be strong resistance as volume is quite for rejection.
BANCOINDIABANCOINDIA: Looking Good
3 Years High & Bullish Breakout Sustaining Closing/Above 209.60
Head & Shoulder Pattern Breakout Sustaining Above/Closing 200
Buy Above/CMP 192.30
#CC BANCO INDIA- Inv Head and ShoulderInverted head and Shoulder Pattern on the weekly chart.
The stock has been taking resistance at 2 major trend lines. Going forward also, these resistances will be profit booking areas.
A huge accumulation of smart money + good results suggests this stock can go big.
Q1 FY2021-22 Q4 FY20-21
Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12%
Net Profit ₹ 45.90 crs ₹ 18.39 crs Up 149.59%
EPS ₹ 6.42 ₹ 2.57 Up 149.81%
Q1 FY2021-22 Q1 FY2020-21
Total Income ₹ 508.77 crs ₹ 275.60 crs Up 84.6%
Net Profit ₹ 45.90 crs ₹ 17.56 crs Up 161.39%
EPS ₹ 6.42 ₹ 2.46 Up 160.98%
BANCO for swingsAfter absorbing the monthly supply, BANCO is moving up following a VCP(Volume Contraction Pattern). Good to buy every time it retests the newfound demand zone. Keep an eye for the price to not break below demand and form a rollover structure.
Banco Products Can be bought on breakout and added more on restest(if happens, looks hot for some move)
Banco Products Huge rounding from pre covid levels and now back to the place, if cross above 195 and sustain, stock can give 10-15% gain in a jiffy.
