MAHSEAMLESS Maharashtra Seamless Ltd. (MSL) is a great investment opportunity. Here's why:
Current Price: The stock price is ₹632.
Stock Buy Strategy:
Phase 1: Buy if it goes above ₹727 and stays there for at least 2 weeks.
Phase 2: Buy if it drops between ₹532 and ₹507.
Targets:
Short-term: ₹611, ₹727, ₹945+
Long-term: ₹611, ₹727, ₹781, ₹852, ₹945, ₹1078, ₹1200
Market Leadership: MSL is a big player with 55% market share in seamless pipes and 18% in ERW pipes in India. It produces 450,000 metric tons of seamless pipes and 125,000 metric tons of ERW pipes every year.
Diverse Products: MSL supplies to industries like oil, gas, petrochemicals, power, and automotive. It makes high-value pipes needed for critical uses.
Strong Finances: In Q1 FY25, MSL made ₹1,216 crore in revenue and ₹126 crore in EBITDA, showing steady profits despite market ups and downs.
Debt-Free: As of June 2024, MSL has no debt and ₹2,203 crore in liquid investments, giving it financial freedom for future expansions.
Solid Orders: MSL has an order book worth ₹1,812 crore as of July 2024, with major orders from ONGC and Oil India, supported by the "Atma Nirbhar Bharat" policy.
Supportive Trends: Growing oil demand globally and in India increases the need for MSL’s pipes. Government policies like anti-dumping duty on Chinese imports and the "Make in India" initiative boost its market position.
These points highlight MSL’s strong market position, financial health, and growth potential.
MAHSEAMLES trade ideas
MAHSEAMLES - Price Squeezed, Ready to reverse?Price consolidation happening after a downtrend, This company has showcased increasing sales, positive cashflow and adding assets for development.
A target for Maharastra SeamlessAs per Eliott Wave theory, target has been shown on the chart. Reversal has been shown by the stock.
Disclaimer: I am not a SEBI Registered analyst. This is not a recommendation. It is just my view on this stock.
MAHSEAMLES DAILY CHART CUP & HANDLE PATTERN The stock has formed CUP & HANDLE
on the Daily chart.
One can enter above 707 with a strict
Stoploss of 637
Target 1 - 730
Target 2 - 750
Target 3 - 770
#SWINGTRADE
What is your view please comment it down and also boost the idea this help to motivate us. 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.
Mahseam - BreakoutMahseam :
Looks great for a resistance breakout
Long above 710 with support at 695
Buy mahseaml for a target of 800/1000Buy mahseaml for a target of 800 in two months and 1000 in 6 months, stock has taken a big fall and has taken support , stop loss weekly close below 530
Maharashtra Seamless- Long Term Bullish BiasCMP -644
TGT - Above 1000
Script shows a reversal sign from the cmp
Bought 1000 shares with a long term view.
*Note- This is my view and not a recommendation*
MAHARASTRA SEAML - Aggressive Reversal Bet!Price Analysis & Overview:
1. EMA support taken.
2. Strong Fib support zone.
3. Blast above 900
4. 100%+ Potential
5. Need good volumes
6. Entry above 710 post confirmations
7. Strong buying candle formation is needed.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 975
✅ Next Resistance is at 1248
Related charts:
Charts are 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.
MAHSEAM : Symmetric Triangle breakoutMAHSEAM :
Symmetric Triangle breakout
Need to sustain 1070 levels for a possible strong upmove
MAHSEAMLES Create U Pattern- stock create u pattern
- wait for breakout
- sma 22 follow perfectly
- stock weak high 1083
- 966 breakout price
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#MAHSEAMLES CMP-925 is currently in support#MAHSEAMLES : Maharashtra Seamless Ltd. CMP-925 is currently in support and at the area of confluence for the long term it looks good for PF and multiple things are there. it's actually beyond technical.😄
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 975
Next Resistance is at 1094
Support is at 756
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.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 870
Next Resistance is at 975
Support is at 679
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.
MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 880
✅ Next Resistance is at 975
Related charts:
Charts are 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.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 756
Next Resistance is at 870
Support is at 573
Here are previous charts:
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.
#Long on Maharashtra Seamless for Medium TermAfter reaching an ATH of 377.50 in Jul'27, Maharashtra Seamless broke out of falling wedge pattern in the month of Oct'21 rising 55% in a single month.
Further, this was followed by formation of small bullish candles on monthly time frames and then entering a correction phase for next six months.
The next phase of rally started in Mar'23 in which the stock has more than doubled, rising relentlessly from a low of 303.85 to that of 614.20.
Furthermore, last month the scrip broke out of a rising channel and gave 14.22% returns. The stock has TTM PE ratio of 8.9, has strong financials and has an affordable valuation.
Rounding bottom breakout1. Big rounding bottom pattern
2. Breakout trading
3. Trend is bullish
4. Risk to reward is very good (1:6)
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 573.40
Next Resistance is at 756
Support is at 388.90
Here are previous charts:
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.
MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 724
✅ Next Resistance is at 880
Related charts:
Charts are 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.
Maha Seamless - Seamless Pipe playWith Jindal Saw and Venus Pipes both reporting strong numbers esp in the seamless space..
We can expect Maha Seamless to see some tailwinds too..
Long above 690 with a SL below 645.
The stock could make a new high and continue with momentum.
