SPIC on Weekly Breakout traded if nifty starts recovering back aFormation of a triangle pattern and the perfect confluence at the resistance level which shows the strong hold of the buyers and if nifty turns green again the trade can be initiated.
7.65 INR
1.56 B INR
30.86 B INR
203.14 M
About SPIC LTD
Sector
Industry
Website
Headquarters
Chennai
Founded
1969
ISIN
INE147A01011
FIGI
BBG000D057S3
Southern Petrochemical Industries Corp. Ltd. engages in the manufacture and sale of fertilizers. It operates through Agro Inputs and Others segments. The Agro Inputs segment includes operations in Urea. The Others segment focuses on agri business. The company was founded on December 18, 1969 and is headquartered in Chennai, India.
BUDGET PICK -- SPIC ( Southern petrochemicals) Current Market Price (CMP): ₹74
Technical Analysis: Displays very strong technical charts, indicating potential upward momentum.
Target Price: ₹110 within 2 months.
A promising short-term opportunity for investors seeking value and growth!
Turning Bullish: SPICIn the weekly chart, SPIC has turned bullish by taking support near 100 EMA
Resistance levels: 83, 88, 95
Support levels: 74, 67, 63
Short Term Trading Opportunity in SPIC for > 10% upsideHi,
NSE:SPIC has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish mo
Spic on Potential Symmetrical triangle Breakout..!
SPIC has been consolidating in a channel pattern for last 2years in weekly chart. In daily chart formed a symmetrical triangular pattern and trying for a breakout following in a uptrend.
Potentially can reach upto the top of the channel 107rs. Maintain strict Stoploss 82rs which is below the tri
SPIC! Swing Trade Idea- Technical Pick SPIC.
- Bullish Pennant.
- Fundamentally, just average.
- P/E(12) and ROE(14%) are Ok.
Just for Educational purposes. Not a buy/sell recommendation.
SPIC! Keep on waiting just like election. SPIC is trading near the strong support zone.
Hopefully, it will stay there for some time if it does not break the zone.
Might have to wait for its bouncing back.
2 Amazing Swing trading ideas for 11 June I daily make educational content videos for swing / positional trading
SPIC! Picking Pace?SPIC is showing some sign of big breakout in coming weeks. Ascending Triangle breakout is expected. Targets are mentioned on the trendlines.
NOTE: I'm not a SEBI REG. Study before investing.
SPIC - Weekly AnalysisIn the Weekly Chart of SPIC ,
we can see that, After breakdown, it is trying to comeback strong.
It will soon turn bullish.
Expected momentum is shown in chart.
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.
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Frequently Asked Questions
The current price of SPIC is 82.16 INR — it has decreased by −1.21% in the past 24 hours. Watch SPIC LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SPIC LTD stocks are traded under the ticker SPIC.
SPIC stock has fallen by −5.23% compared to the previous week, the month change is a −7.62% fall, over the last year SPIC LTD has showed a 2.83% increase.
SPIC reached its all-time high on Feb 5, 2024 with the price of 107.50 INR, and its all-time low was 4.30 INR and was reached on Apr 1, 2003. View more price dynamics on SPIC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SPIC stock is 2.31% volatile and has beta coefficient of 0.90. Track SPIC LTD stock price on the chart and check out the list of the most volatile stocks — is SPIC LTD there?
Today SPIC LTD has the market capitalization of 16.68 B, it has decreased by −1.49% over the last week.
Yes, you can track SPIC LTD financials in yearly and quarterly reports right on TradingView.
SPIC net income for the last quarter is 194.70 M INR, while the quarter before that showed 385.00 M INR of net income which accounts for −49.43% change. Track more SPIC LTD financial stats to get the full picture.
Yes, SPIC dividends are paid annually. The last dividend per share was 1.50 INR. As of today, Dividend Yield (TTM)% is 1.83%. Tracking SPIC LTD dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SPIC LTD EBITDA is 2.81 B INR, and current EBITDA margin is 9.12%. See more stats in SPIC LTD financial statements.
Like other stocks, SPIC 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 SPIC 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 SPIC LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SPIC LTD stock shows the buy signal. See more of SPIC 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.