Intro: Petronet LNG Ltd. designs, constructs, and operates Liquefied Natural Gas (LNG) Import and regasification terminals in India. It was incorporated in 1998 as a Joint Venture among GAIL, Indian Oil, Bharat Petroleum and ONGC holding 12.5% each.LNG Petronet accounts for 33% of gas supplies in the country and handles around 75% of LNG imports in India. Stock...
Breakout in Saksoft from strong consolidation zone.
Introduction EIH is the pioneer of luxury hotels in India. EIH primarily owns and manages premium luxury hotels and cruisers under the luxury Oberoi, Trident and Maidens brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters. Fundamentals: Market Cap: ₹ 24,461 Cr.; Stock P/E(Ind....
NBCC is trading near the important support level of 169. Resistance Levels: 186, 196, 208 Support Levels: 156, 145 Stock is in bearish trend. On a daily trend, if the 20EMA (Black Line) sustains past 50EMA (orange line) decisively we can make a fresh entry.
HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional...
GEE KAY Wires is trading near the strong support zone of 107 levels. Resistance levels: 122, 137, 146 Support levels: 97, 87, 75 Stock Fundamentals: Industry: Geekay Wires manufactures niche-quality Galvanized Steel Wires and Nails that have applications in Power Transmission, Cable and conductor, General Engineering, Construction, etc. Market Cap: ₹ 564 Cr.; ...
Exide has turned bullish on the weekly chart by taking strong support around 475 levels (20 EMA). Currently trading around 507 levels, Exide has strong resistance around 560 levels. Key support levels: 475, 435, 398
RENAISSANCEGLOBAL has turned bullish. Good volume buildup is seen in monthly chart. Resistance levels: 132, 145, 163 Support levels; 120, 110, 94
Bank of Baroda has been in a downtrend since the last week of Jun 2024. On weekly chart, it took strong support around 232 levels and gave a good breakout in the first week of Aug 2024. However, the breakout was not sustained well, and a subsequent pullback occurred. Recently retesting of key level 232 has happened successfully in the first week of Se 2024. For...
Alok industries has been ìn a downtrend since Jan 2024. On weekly chart, it took strong support on 50 EMA around 25 levels and gave a good breakout with volume in third week of Aug 2024. However. the breakout was not supported well. The pullback was strong enough and again reached below 25 levels. In the last few sessions, it has renounced to previous levels of 27...
Jyothy Labs. has turned bullish with strong price momentum seen in short, medium and long term moving averages. Resistance levels: 572, 595, 640 Support levels: 550, 526, 502 Pros: Revenue grows at 8%YoY in Q1FY25 due to volume. Fabric care and dishwash (77% of total sales) had YoY growth of almost 9% and 7%, respectively. YoY, personal care and household...
Finolex Industries has been in a downtrend for a long time. The stock is trading around the key support of 281 levels. Support levels: 275, 262, 253 20 EMA (Black line) is below 50 EMA (Orange trend), indicating that the bearish trend may continue. Once the price reaches the support levels, we expect some consolidation. If a breakout with good volume is confirmed,...
Prince Pipes & Fittings has been in a downtrend for a long time. The stock is trading around the key support level of 559 levels. Support levels: 544, 521 20 EMA (Black line) is below 50 EMA (Orange trend), indicating that the bearish trend may continue. Once the price reaches the support levels, we expect some consolidation. If a breakout with good volume is...
SCI has been in a downtrend since the second week of July 2024. It has fallen significantly from the peak value of 345 to 258 levels. In the last few sessions, it has significantly increased along with decent volume buildup and broke the previous resistance of 260 levels. Resistance levels: 291, 328. Support levels: 265, 240, 217 levels.
Zensar has been in a downtrend for a long time. It was trading in a range between 728 to 798 for four months. It has just broken the support of 728 and trading around 691. 20EMA (Black line) is looking weak and may fall below 50 EMA (Orange line) if the trend continues. Support levels: 652, 606, 561 The bearishness could be due to the marginal dip in net profit...
KVB has turned bullish by taking strong support from 206 levels. It broke the previously held strong resistance of 215 and trading near 219 levels. Strong bullish momentum is visible in short, medium, and long-term moving averages. Pros based on the research from fundamental analysis: Increasing Net Cash Flow and Operating Cash. High TTM EPS Growth company. ...
IEX has been in a bullish trend since Jun 2024 after taking strong support from 145 levels. It reached one year high of 263. Market news on IEX: IEX cracked over 10% today due to a report that FY25 may implement Market coupling. News reports suggested the Centre will implement market coupling for power exchanges. Market Coupling will mean these exchanges will...
NLC India has turned bullish recently. It has a strong resistance around 300. 310 levels. Support is present 260, 232 levels. It has bullish momentum in short, medium, and long-term moving averages. MACD crossover above the signal line indicating a bullish trend. NLC has continuously grown in Net Profit with increasing Profit Margin (QoQ). It has also recorded...