Breakout soon in Veto Switchgears Symmetrical Triangle Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume increasing
14+ months of consolidation
Disc: for study, not a recommendation. DYOR
Long
Veto Switchgears & Cables Ltd.
No trades
11.01 INR
221.32 M INR
3.00 B INR
18.91 M
About Veto Switchgears & Cables Ltd.
Sector
Industry
CEO
Akshay Kumar Gurnani
Website
Headquarters
Jaipur
Founded
1967
IPO date
Dec 7, 2012
Identifiers
2
ISIN INE918N01018
Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. It operates through the following segments: Wire and Cables, Lighting and Fittings, and Accessories and Others. The company was founded by Mohan Das Gurnani on June 26, 2003 and is headquartered in Jaipur, India.
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Long
VETO a long consolidation breakout will it sustain or fizzle outVeto Switchgears And Cables Ltd. an interesting breakout from 4 years long consolidation
1. RSI on all time frames above 60
2. Price Breakout with volume
3. Major support with cluster of moving averages in the zone of 135 - 165
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATI
Long
Veto switchgear Market Cap
₹ 346 Cr.
Current Price
₹ 181
High / Low
₹ 186 / 106
Stock P/E
19.5
Book Value
₹ 129
Dividend Yield
0.55 %
ROCE
12.0 %
ROE
7.49 %
Face Value
₹ 10.0
Debt
₹ 22.6 Cr.
OPM
10.2 %
Promoter holding
45.1 %
Sales growth
-1.30 %
Profit growth
-4.11 %
Industry PE
59.0
Pledged percentage
0.00 %
Rese
Long
VETO: Multi-Year Breakout Candidate!VETO: Multi-Year Breakout Candidate!
Patterns: Inverse Head & Shoulder Pattern Formation
Volume: Massive increase observed
Price Targets: 190 / 235 / 350
Stoploss: 130 WCB
Disclaimer: For Educational Purpose Only
VETO Short TermDate : 17-03-2024
Buy VETO @ CMP
Target of 140-148-176
SL 115
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few Days
Please consult your financial advisor before investing
All research for educational purposes only.
Long
VETO : Breakout Candidate#veto #swingtrading #patterntrading #roundingbottom #breakout
VETO : Veto Switch: weekly (1-3 months)
>> Breakout candidate
>> Rounding bottom
>> Good Strength & Volume buildup
>> low Risk High Reward trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u
Long
breakout and support setup in Veto switchgearsVeto Switchgears: 146.30
- Simple support & resistance setup
- retracement
- good volumes during breakout
let's see if this can give a 20% move from here
#SwingTrading
Long
VETO:Likely Cup&Saucer Pattern B/OUTVETO: Formation of C& Saucer pattern in weekly chart with reasonable volume,trading above its all DEMAS,positive DEMA crossover suggests a move towards 150-160+(For educational purpose only)
Long
Veto - Ichimoku Breakout📈 Stock Name - Veto Switchgears And Cables Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness ant
Long
Min 10% returns1.Strong Trendline rejection
2.once the chart sustains above 149 level it can go up for sure
3.volume also increasing
Long
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of VETO is 102.91 INR — it has decreased by −0.30% in the past 24 hours. Watch Veto Switchgears & Cables Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange Veto Switchgears & Cables Ltd. stocks are traded under the ticker VETO.
VETO stock has fallen by −1.28% compared to the previous week, the month change is a −3.82% fall, over the last year Veto Switchgears & Cables Ltd. has showed a −13.52% decrease.
VETO reached its all-time high on Dec 27, 2017 with the price of 265.00 INR, and its all-time low was 25.75 INR and was reached on Mar 25, 2020. View more price dynamics on VETO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
VETO stock is 1.52% volatile and has beta coefficient of 1.23. Track Veto Switchgears & Cables Ltd. stock price on the chart and check out the list of the most volatile stocks — is Veto Switchgears & Cables Ltd. there?
Today Veto Switchgears & Cables Ltd. has the market capitalization of 1.95 B, it has increased by 2.33% over the last week.
Yes, you can track Veto Switchgears & Cables Ltd. financials in yearly and quarterly reports right on TradingView.
VETO net income for the last quarter is 60.67 M INR, while the quarter before that showed 36.89 M INR of net income which accounts for 64.46% change. Track more Veto Switchgears & Cables Ltd. financial stats to get the full picture.
Yes, VETO dividends are paid annually. The last dividend per share was 1.00 INR. As of today, Dividend Yield (TTM)% is 0.98%. Tracking Veto Switchgears & Cables Ltd. dividends might help you take more informed decisions.
Veto Switchgears & Cables Ltd. dividend yield was 0.99% in 2024, and payout ratio reached 8.64%. The year before the numbers were 0.81% and 10.65% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Feb 11, 2026, the company has 336 employees. See our rating of the largest employees — is Veto Switchgears & Cables Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Veto Switchgears & Cables Ltd. EBITDA is 306.90 M INR, and current EBITDA margin is 10.89%. See more stats in Veto Switchgears & Cables Ltd. financial statements.
Like other stocks, VETO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Veto Switchgears & Cables Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Veto Switchgears & Cables Ltd. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Veto Switchgears & Cables Ltd. stock shows the sell signal. See more of Veto Switchgears & Cables Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.