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Introduction: Zaggle develops financial solutions and products that are of the highest quality, enabling corporations, SMEs, and startups to effectively manage their business expenses through innovative and automated workflows. It is at the intersection of fintech and SaaS (software as a service). Zaggle is the foremost issuer of prepaid cards in India. It has...

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Introduction: Wallfort Financial Services Ltd. offers research and investment advisory services in the cash and derivative segments, as well as broking and allied financial services. Equity Research and Trading are components of the company's institutional stockbroking activity. It also provides depository services through its in-house depository, NSDL, and...

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Granules India is trading in a Box Pattern since Mid Sept 2024. Currently it is trading below the strong resistance level of 610. 20 EMA (Black line) is above the 50 EMA (Orange line), indicating the momentum in the stock price. However, the box pattern has to be decisively broken in the weekly chart to confirm the bullishness. Resistance levels: 610, 664, 696,...

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Devyani International has been trading in a box pattern since Oct 2024. It has strong support around 161 levels. Currently it is in strong consolidation around 172 levels. Current market turmoil has negligible impact on the stock price. However, a volume spurt has to happen for significant momentum toward upside levels. Resistance levels: 180, 194, 223,

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Introduction: GEM Enviro Management Limited is a waste management firm that was founded in February 2013 and focuses on recycling all packaging trash, including plastic waste. Business Services: 1. EPR consulting and fulfillment for plastic waste 2. Collection and recycling of waste plastic from industry 3. Recycled product marketing and sales 4. Business...

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Introduction: Yatra Online Limited serves both local and foreign clients by providing them with information, prices, availability, and the opportunity to book. In terms of both corporate clients and online booking income, Yatra ranks third in India, and it is the biggest corporate travel services supplier in the country. With the most hotels as of FY24, Yatra is...

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WFPML is a client-centric, product agnostic and independent wealth management firm. It is an individual financial advisor (with no sub-brokers) and occupies 37th rank at all India level. Market Cap: ₹ 1,813 Cr. Stock P/E: 34.4 (Ind. P/E: 16.9) ROCE: 56.8 %; ROE: 43.8 % Sales Growth (3 Years): 39% Profit Growth (3 Years) : 49% WFPML has been...

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Devyani International Ltd. has been in consolidation for more than two months. A couple of days ago, it gave a positive breakout with good volume. The downside risk is limited, and the upside potential is huge. 20 EMA (Black Line) is trading just below 50 EMA (Orange Line) and 100 EMA line (Sky Blue line). In the weekly closing, if the 20 EMA crosses above 50 EMA...

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Intro Paramount Communications Ltd. is involved in the manufacturing of wires and cables comprising of power cables, telecom cables, railway cables, and specialised cables. Clientele includes Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens, etc. Fundasmentals Market Cap: ₹ 2,378 Cr.; Stock P/E: 24.5 (Ind. P/E:...

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Intro: Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations. Fundamental Analysis: Market Cap: ₹ 10,301 Cr. High / Low: ₹ 1,099 / 563 Stock P/E: 12.2 (Ind. P/E:30.3) ROCE: 22.9 % ROE: 18.1 % Sales Growth (3 years): 33%; Profit Growth (3 years): 69% Stock...

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Manappuram Finance Ltd. has been trading within a tight range in a BOX PATTERN for the past couple of weeks. Yesterday, there was a clear and significant break in the box pattern. The stock took strong support on 20 EMA (Black Line). Resistance levels: 176, 187, 203, 214, 228. For confirming the bullish trend, 20 EMA (Black Line) has to trade above 50 EMA (Orange...

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IRCON International has been in a downtrend since Aug 2024. It was sliding in a parallel channel pattern. However, it broke the channel pattern and gave a strong breakout with excellent volume. IRCON is trading near the strong support zone of 220 levels. It took support around 20 EMA (Black line) and showing some strength. However, 20 EMA (Black line) has to...

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Sterling and Wilson Renewable Energy Ltd has been in a strong downtrend for a long time. It is consolidating near the strong support zone of 482 levels 20 EMA (Black line) is trading below 50 EMA (Orange line) which in turn trading below 100 EMA (Blue line) confirming the bearish trend. Recently it has bagged a solar project order of Rs. 504 Cr from a private...

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Ambuja Cements has turned bullish in the last couple of sessions. Ambuja Cements has bounced back strongly from the support zone of 454 levels. Currently trading near the 20 EMA level 538 It has strong resistance around 585, 643 and 692 levels. It has to firmly hold the current levels for any upside momentum. Upon getting volume confirmation, can consider...

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Prince Pipes has been in strong correction mode for the past 4 months. Prince Pipes is trading near the 3.6-year support zone of 410. The stock has corrected ~50 percent from all-time highs of 897 levels. The stock price is trading above the important support zone of 410 levels. Pros Spending by the government on housing and infrastructure may enhance volumes....

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Cochin shipyard has been in a downtrend for a long time. Cochinship took strong support around 1687 levels with good volume. If the reversal is confirmed, we can expect to reach toward next resistance zones like 2271, 2687. In case of breakout failure, the next support levels are 1369, 1260 levels

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The defense sector is turning bullish. BEL has been trading over a tight range in a BOX PATTERN between 271 – 306 for nearly six months. It has turned bullish for the past one week. 20 EMA crossed above 50 EMA, confirming the bullishness. Support Levels: 271, 259, 240 Resistance Levels: 306, 309, 325, 339

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In the weekly chart, SPIC has turned bullish by taking support near 100 EMA Resistance levels: 83, 88, 95 Support levels: 74, 67, 63