BANCOINDIA trade ideas
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.
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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.
Banco Products A nice symmetrical triangle breakout with volume.
Target zones are marked in green.
Stoploss as per risk appetite.
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
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 2-3months
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
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.
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.
BANCOINDIA Swing and Positional Trade!🔥 Don't Miss: Strong STOCK for this Week (29 July – 02 Aug) Swing Trading
#BANCOINDIA looks good above 769.
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.
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
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.
Banco Products (India) LtdBanco Products (India) Ltd any dip can buy
target and stop loss follow by chart
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.
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.
Buy with target of 660Can be bought with a target of 660 and keep stop loss at Fibonacci levels as per your risk appetite
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 volumes
banco india on watchlistlooking good high tight flag - contraction, banco India is an auto ancillary sector stock and looks good on long side
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 though
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
Breakout-stock breaks the trend line
-wait for the candle to close above the trend line
-upside 15%
-its was consolidating between 190 to 212 for long time
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not a sebi registered .
This is for reference and educational puropse only!!!
BANCO PRODUCTS AT 5 YEAR'S HIGHBANCO PRODUCTS currently trading at 5 year high one can enter at cmp with a stoploss of 270
