nuvoco's base created?thoughts on nuvoco.
Company has delivered good profit growth of 67.1% CAGR over last 5 years
really good opm%
waiting for a breakout with good volume build-up
NUVOCO trade ideas
NUVOCOAs Prakashplutus sir said,
"Cement
Cement
Cement
Cement
Cement"
Extrapolating further, this scrip has been steadfast even during the recent fall and holding this for sometime now.
#triangle pattern
NUVOCO VISTA CORP by KRS Charts18th October 2024 / 11:20 AM
Why NUVOCO ❓
1. Although Stock was in Down trend, Recent Dow Theory is in Favour as we can see in Chart.
2. Breakout and Retest and most importantly sustaining the level with new HL.
3. Once fake Buy side Entry with Huge volume is spotted ❗
4. MACD positive crossover and RSI is near 60
All the Bullish Traits will confirming bullish movement is expected soon with breakout ‼️
Target 484 Rs with SL of 320 Rs.
NUVOCO-long for 30 %(potental doubler)sequence of the price action changes have been identified and explained in charts
price ready to make a fast upmove
Targets and SL Marked
Breakout Soon Alert: Nuvoco Vistas Corporation Ltd.Stock Analysis
On the weekly time frame, Nuvoco Vistas has consistently faced resistance around the 398 level, rejecting this point three times. This repeated rejection indicates a strong resistance zone. However, a breakout above this level could signal a significant bullish trend, potentially offering good returns for investors.
Key Points:
Resistance Level: 398 (tested three times)
Breakout Potential: A sustained break above this level could lead to upward momentum.
Investor Strategy: Monitor for a breakout confirmation and consider entry points accordingly.
Fundamentals:
PROS:
Company has delivered good profit growth of 67.1% CAGR over last 5 years.
CONS:
Though the company is reporting repeated profits, it is not paying out dividend.
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 8.76% over past five years.
Company has a low return on equity of 2.30% over last 3 years.
Stay updated on market movements for the best investment opportunities!
You can't hide VolumeThis chart shows buying with increased volumes, however price isn't moving upwards. Someone is accumulating without increase in price. But if you look at volumes you can make out the buying. As soon as volume starts drying up one can enter the trade with a limited SL and huge upside in offer
NUVOCO - Short Term SwingA rounding base formation. Also I presume a IHnS in the making.
Targets for the pattern are provided in green. Stoploss is a must to keep you safe.
Nuvoco Vistas Corporation Ltd consolidation for quite some timeNuvoco Vistas Corporation Ltd can double from here with in few years. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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NUVOCO: Breakout and pullback at supportFor Education purposes only.
Give a boost/like if you like the idea. Also, mention your view below in the comment.
NUVOCO was trending sideways after bearish move and it's now showing good potential for further upside with aim for 52 week high.
Invest!! Trend Reversal !!🟢Its trading much below the IPO price. Weekly RSI crossed 60.
🟢W chart indicate capitulation & trend reversal near 340.35.
🟢Momentum invest trend follower given buy signal in W chart.
🟢Invest in NUVOCO @366 & Add on decline @340. SL=298 WCB.
Nuvoco Looking Good For Swing TradingNuvoco Looking Good For Swing Trading. The stock has made a breakout of and important resistance 366 level.
Need to wait until it breaks out of the channel pattern.
Entry possible after the breakout of the chnnel or the retest of the channel.
Entry: Breakout of channel
SL: 333
TGT 1: 412
TGT 2: 476
Wait for a clear breakout over the daily chart and then entry possible.
sideways range breakout stockThis stock has good delievery this week but stock has sideways range technical so buy above 400
Nuvoco Limited - Stock to buy
Fundamentals:
1. It is the fifth Largest cement group in India with trade mark Double Bull Cement. Also ready mix concrete manufacturer and have 11 brands under its belt.
2. A part of NIRMA Group Earlier known as Emami Ltd. It is a conglomerate manufacturing Cosmetics, Soaps etc.
3. Revenue in Q1 FY 2024 is 2805 Cr which is up by around 6% yoy basis, Earning in the same period is 402Cr which is up by around 7%.
4. Huge Order book.
5. Huge Plant Capacity.
Technical:
Pictorial presentation of 1 day chart shows that it has already broken out of the clutches of previous resistances.
Please be patient and execute with proper levels to come. Use other indicators like Williams %R, RSI in consonance with EMAs and SMAs. Do not be in haste.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for your financial losses or profits.
Let you grow. May! I follow you.
Thank you
Bullish Outlook - NUVOCO Hi All,
I Am Sharing a bullish outlook on Nuvoco Vista Corp Ltd, highlighting the potential for upside momentum in the near future. Nuvoco Vista Corp Ltd is a leading player in the construction materials industry, operating across various segments such as cement, ready-mix concrete, and aggregates. With a solid market position and positive industry trends, we believe Nuvoco Vista Corp Ltd has the potential to deliver notable gains for investors.
Strong Support at 335 to 320 Level:
Nuvoco Vista Corp Ltd has demonstrated a robust support zone between 335 and 320 levels.
Falling Channel Pattern:
The price action of Nuvoco Vista Corp Ltd has formed a falling channel pattern. This pattern is characterized by a series of lower highs and lower lows, forming two parallel trendlines that encompass the price movement. Falling channels typically indicate a temporary downtrend or consolidation phase.
Upside Channel Breakout Potential:
Considering the falling channel pattern, a key trading opportunity arises with the potential for an upside channel breakout. An upside channel breakout occurs when the price breaks above the upper trendline of the falling channel, signaling a shift in market sentiment from bearish to bullish. This breakout could potentially trigger a significant upward price movement.
Nuvoco | Slow Mover | AccumulatePattern : Long term Rounding Bottom.
Rationale : 50SMA soon will crossover 200SMA and
Recent MACD Crossover.
Buy : 350
SL : 320
Target : 400+
Risk/Reward : 1.8
Exciting Bullish Pattern Alert! 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symetric Triangle
📌 Symbol/Asset: NUVOCO
🔍 Description: Momentum Stock
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
NUVOCONUVOCO
CMP 364
SL-345
TG- 380/390/400
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this is only for educational purpose
NUVOCO | 30% targetsAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
NUVOCO VISTAS CORP - 50% RETURNS!!!BUY - NUVOCO VISTAS CORP LTD
CMP - Rs. 330
Target - 1: Rs. 440
Target - 2: Rs. 495
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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NUVOCO - Ichimoku Bullish Breakout Stock Name - Nuvoco Vistas Corporation Ltd
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 421
#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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