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Federal Bank has turned bullish and is trading near 196 levels. It took strong support around 182 levels in the first Week of Sep 2024 It faced strong resistance at 199 levels on Oct 1, 2024. Thus, a strong pullback brought the price back to 182 levels. However, in the last few sessions, it gave a strong breakout along with a volume spurt. If the 199 support level...

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JP Power has been trading in a box pattern since April 2024. It has been trading in a tight range between 17 and 20 levels. A couple of days back, it gave a strong breakout with good volume. Currently, it is experiencing a pullback. However, we need to confirm, if the pullback is temporary for any fresh entry. Support zones: 20, 17, 15 Resistance: 24

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Reliance power has been in a downtrend for the past couple of sessions. MACD Crossover Below Signal Line. Currently trading near the key support zone of 43 levels, we can expect some upside movement if the 40 levels are retained in the weekly closure. Support levels: 38, 34, 29 Resistance: 44, 53, 60 Pros: The number of debtor days has decreased from 121 to...

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TataSteel is trading in the demand zone of 150 levels. If it takes support around 20 EMA we can expect next levels like 155, 170. Long term target: 210.

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Bharat Dynamics has turned bullish after taking strong support around 200 EMA. A few days back, it tested the support level 1045 and gave a strong breakout. Currently, it is trading at 1217. Resistance levels: 1359, 1593, 1787 Support levels: 1160, 1045, 902, 777 The stock has fallen from 1787 levels due to a drastic fall in OPM in Sep 2024 (-27.37%). However,...

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Stock Fundamentals: Olectra Greentech Limited is primarily engaged in the manufacturing of composite polymer insulators (12.5%) and electrical buses (87.5%) Market Cap: ₹ 14,040 Cr. Stock P/E: 170; Book Value: ₹ 111; ROCE: 14.8 %; ROE: 8.77 %; OPM %: 14% Olectra has delivered good profit growth of 46.6% CAGR over last 5 years. Technical Trends Olectra...

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ABFRL has been in range bound between 309 and 324. It has strong resistance around 343. It tried to break the resistance 343 levels in July24. However, the volume level failed the breakout. Historically, the price of ABFRL peaked in OCTOBER months. If the current bullish trend continues, we can expect ABFRL to break 324 levels and exceed 360 levels.

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CDSL has been trading with in the range between 1390 and 1572 since Aug 2024. It has been in downtrend for a couple of weeks and started falling from 1572 levels to 1390. Today it took a strong support with good volume and gave a strong breakout. Based on the potential for an upside, brokerage houses have given recommended the target of Rs 1,720

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About Welspun Enterprises Limited (WEL) is a part of the USD 2.7 billion Welspun Group. The Company operates in the infrastructure space with investments in oil & gas. WEL is focused on the road development, water sector, BOT-Toll and EPC space. Stock Fundamentals Market Cap: ₹ 7,458 Cr. Stock P/E: 22.4 (Ind. P/E=23.7) Book Value: ₹ 168 Dividend...

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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...

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Breakout in Saksoft from strong consolidation zone.

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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....

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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.

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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...

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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.; ...

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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

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RENAISSANCEGLOBAL has turned bullish. Good volume buildup is seen in monthly chart. Resistance levels: 132, 145, 163 Support levels; 120, 110, 94

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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...