Key Level: Support: 1950 Resistance: 2099, 2199, 2250 Key Drivers: Astral Poly Technik Ltd, founded in 1996, is a major player in India's plumbing and adhesive industries. It pioneered lead-free PVC pipes and expanded into adhesives through acquisitions. The company's diverse product range includes plumbing systems, adhesives, water tanks, faucets, and paints....
Key Levels: Support: 830 Closing Basis Resistance: 900, 999, 1099 Key Drivers: Max Healthcare Institute Limited, India's second-largest hospital chain, offers a diverse array of healthcare services, including complex procedures like transplants, robotic surgeries, cardiac, neuro, orthopedic, and oncology surgeries. They have 17 facilities with a current...
Key levels: Support: 317 to 300 CL Resistance: 372, 399, 420 Key Drivers: Jai Corp Ltd, established in 1985, operates in steel, plastic processing, spinning yarn, and investment advisory services. Its revenue mix in FY22 comprised 10% from steel, 89% from plastic processing, and 1% from real estate. The company's geographical split in FY22 was 86% from India,...
Key Levels: Support: 408 Resistance 450, 520, 650 Key Drivers: Granules India is a pharmaceutical company with a market capitalization of ₹10,876 crore. Its current stock price stands at ₹449, with a high/low range of ₹453/₹268. The stock has a P/E ratio of 27.6 and a price-to-book value of 3.65. Its EPS is ₹16.3, and it offers a dividend yield of 0.34%. The...
Key Levels: Support: 4250 Resistance: 4530 More details will be updated soon...
Key levels: Support:150 Resistance: 190 Key write-up: 1. **Trend Validation:** It confirms a sustained shift in performance over several years, making it more reliable than short-term fluctuations. 2. **Long-Term Growth:** Multi-year breakouts often indicate consistent growth, suggesting the business or asset's fundamental strength. 3. **Investor...
Key levels: Support: 1800 on a closing basis Resistance: 1920, 1980, 2080, 2185 Description: Fundamentals: Business Overview: Raymond Limited, established in 1925, is a diversified group with interests in Textile & Apparel sectors, Real Estate, FMCG, Engineering, and international markets. It is a leading vertically and horizontally integrated...
Key levels: Support: 1550, 1500 - Closing levels Resistance: 1640, 1740, 1840 Technical Impact: Recent Price Movement: The recent 5.83% positive return over 3 months suggests a favorable market sentiment and interest in De Nora India Ltd. Investors may find this upward trend appealing, potentially attracting more attention to the stock. Price Volatility: The...
Key levels: Support: 127, 110 Resistance: 154, 170 Key Description: The stock has a moderate Market Cap of ₹809 Cr. with a current price of ₹146. It exhibits a relatively low P/E ratio of 16.6, indicating potential undervaluation compared to the industry average P/E of 41.8. The stock's book value is ₹101, and the Price to Book Value ratio is...
Key Levels: Support: 73 to 70 Resistance: 79 - 83 - 90 Description: This stock is getting ready for another rally making it reach to the new zone of trading.
Key Levels: Support: 3050 Resistance: 3233 3333 3433 3733 Description: Overall Performance: Sustained growth in Q3 and nine months of 2023 in both top-line and bottom-line. Robust GDP growth in India, particularly in sectors such as steel, cement, and commercial vehicles. Mixed performance in the automotive sector, with passenger vehicles and...
Key levels: Support:4650 Resistance:4800 4850 Description: Technicals: The stock exhibits a historical support level at 4650, indicating a point where buying interest has traditionally emerged. Notably, the stock has been consolidating, suggesting a period of price stability. This consolidation phase may set the stage for a potential breakout. Resistance...
Key levels: Support:2350 Resistance : 2540 2630 2726 Write Ups: Ready for a reversal move with huge potential
Key levels: Support: 780 CL Resistance: 900 950 1000 Description: The stock is getting ready to break the trendline after a very steep downfall. Lets track the stock and see how the things will work.
Key Levels: Support: 2950 Resistance: 3130 3250 3300 Description: Fundamentals: The recent actions taken by Timken to significantly reduce its debt load and achieve almost debt-free status have profound implications for the company's fundamental strength: Financial Stability: The reduction in debt enhances financial stability, lowering interest expenses...
Key levels: Support: 415 CL Resisitance: 473, 514, 589 Description: Fundamental are very strong: The company's decision to reduce debt is a fundamental strength. It enhances financial stability, reduces interest expenses, and reflects a prudent financial management strategy. A consistent and healthy dividend payout of 40.6% indicates strong cash flow and...
Key Levels: Support: 1900 CL Resistance: 2000 2100 2300 25000 Technicals: Support and Resistance Levels: Support: Key support is identified at 1900 INR, providing a strong base for potential reversals. Resistance: Notable resistance levels are observed at 2000 INR, 2100 INR, 2300 INR, and 2500 INR. The current price trend indicates stability, with potential...
Key levels: Support: 250 Resistance: 275, 290, 320 Description: Fundamental Analysis: Debt Situation: The company is almost debt-free, indicating a strong financial position and reduced financial risk. Valuation (P/B Ratio): The stock is trading at 1.13 times its book value, suggesting that it may be slightly above its intrinsic value. However, this...