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VENUS PIPESVenus Pipes & Tubes Ltd. is a stainless steel pipe manufacturer catering to diverse sectors such as oil & gas, petrochemicals, pharmaceuticals, and water desalination. The company operates an integrated facility and emphasizes high-quality, precision-engineered products. Currently trading at INR 1,461.70, the stock has shown a strong rebound and is testing key technical levels after a corrective phase. Key Levels Support Levels: INR 776.75, INR 1,134.45, INR 1,346.35, INR 1,557.30 Swing Level: INR 1,461.70 Possible Upside: INR 2,318.85, INR 2,675.95, INR 3,130.80 Technical Indicators RSI (Relative Strength Index): Currently at 52.15, indicating balanced momentum. While not decisively bullish, the RSI suggests the stock has shifted out of oversold territory and could build strength above the current base. Volume: With volume at 1.17M, there is visible participation accompanying the recent price up-move. Sustained higher volumes near swing level would help confirm a broader trend continuation. Sector and Market Outlook Operating in the metal tubes and industrial materials space, Venus Pipes is positioned to benefit from: Strong capex trends in infrastructure, chemical processing, and renewables Import substitution and rising demand for precision stainless steel products Expansion in exports to Europe, Southeast Asia, and the Middle East Headwinds include volatility in nickel and alloy prices, global logistics fluctuations, and customer concentration risks in certain end-use sectors. Latest Developments Capacity Expansion: Commissioned additional production lines for seamless pipes and tubes Export Growth: Reported robust YoY increase in export contribution to total revenue Financials: Improved margins driven by premium product mix and better utilization rates Dividend Update Venus Pipes & Tubes has declared a dividend of ₹3.50 per share, reflecting strong cash flow generation and a balanced capital return policy. Analysis Summary Venus Pipes & Tubes is transitioning from a correction phase to a potential recovery cycle, underpinned by stable technicals and structural tailwinds in its core markets. While some consolidation may persist, the improving volume and RSI suggest growing interest. The company’s expansion initiatives and strengthening fundamentals support a constructive long-term outlook for disciplined investors.
NSE:VENUSPIPES
by TechnicalAnalystSucrit
Bullish patterns & Monthly Breakouts in Alkyl AminesGood afternoon Folks, This stock has given us a breakout from falling wedge pattern and from inverse H & S pattern and with a strong green candle - The next step is either you can enter now as a big green candle without rejection shows bulls strength. - Next is to wait for the 2nd green candle closes around high which acts as confirmation and the classical way to trade breakouts. - Now as per the John Murphy's book the target for Inverse H&S Breakout will be the size of head which I have marked in yellow which suggest 44% upmove or else you can use pivots which gives you support and resistance which can help you to understand from where price is taking support or where it is facing rejection. - it will also helps you with target and stoploss. THIS ARE MY PERSONAL VIEWS OR ANALYSIS NOT ANY RECOMMENDATIONS.
NSE:ALKYLAMINELong
by investorragnarok
2
IDBI : Red band Resistance on a monthly time frame IDBI : Red band Resistance on a monthly time frame. There is a Buy triggered on a daily time frame at 100 but on a monthly time frame there is a major Red Band Resistance. On a 3 Month frame also it is almost sitting just above and around Red band Resistance. To continue the rally these Red Band resistances needs to be cleared off for IDBI. ( Not a Buy / Sell Recommendation Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
NSE:IDBILong
by drdevanshu
Positional Setup: Fine Organic Industries Ltd (FINEORG)📌 CMP: ₹5,177.90 📈 Technical Structure: Stock has cleared a multi-month resistance around ₹5,090–5,100 Strong bullish momentum, with increasing volume Clean rounded base breakout, suggesting trend reversal 📊 Indicators: Trading above TEMA 5/9/20 – bullish signal Supertrend also likely supporting a buy signal (though visually hidden) RSI in bullish territory (not overbought) 📌 Key Levels: Immediate Support: ₹5,090 Strong Base: ₹4,815 Resistance/Targets: 🎯 T1: ₹5,660 🎯 T2: ₹5,970 🎯 T3: ₹6,200+ (if momentum sustains) 🛡️ Stop Loss: ₹5,090 (daily closing basis)
NSE:FINEORGLong
by RajputAmarjit
ULTRACEMCO - 1 year INVERTED TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
NSE:ULTRACEMCOLong
by TheArtOfCharting
2
Swing Trade Plan: MAN Industries (NSE: MANINDS) A classic Cup & Handle Pattern bullish continuation pattern showing accumulation and a breakout from resistance. Indicates renewed buying interest. Breakout supported by rising volume, confirming buyer strength. Price holding above 20 and 50 EMA, indicating bullish trend continuation. Company has consistent order inflows and is part of infra/pipe supply chain, aligning with current government spending themes. This is my personal swing trade plan based on price action and fundamental analysis. Please do your own research before taking any investment decision.
NSE:MANINDSLong
by Airborn_trader