MSumi Wiring trying to wire up to old levelsMotherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
Motherson Sumi Wiring India Ltd. Closing price is 59.35. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Companies with Zero Promoter Pledge, Companies with Low Debt and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are high Valuation (P.E. = 43.1), Increasing Trend in Non-Core Income, Declining Net Cash Flow : Companies not able to generate net cash, Companies with growing costs YoY for long term projects and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 60 Historical Resistance in the stock will be 62.3 and 66.2. PEAK Historic Resistance in the stock will be 69.6 and 72.7. Stop loss in the stock should be maintained at Closing below 55.3 or 53.9 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Cautiously Bullish - Approaching Long-Term Resistance.Entry Zone: We recommend initiating a BUY position in TCGSRAAC only upon a decisive and sustained breakout above the major descending trendline (around ₹115 - ₹118). A daily close above this level with good volumes would be a strong confirmation.
Target 1 (T1): ₹125
Target 2 (T2): ₹132
Target 3 (T3): ₹140+ (If momentum sustains significantly post-breakout)
Stop Loss (SL): ₹105 (Strictly on a daily closing basis, for a breakout entry)
Rationale:
Long-Term Resistance Test: The stock is currently testing a significant descending trendline that has been acting as a major resistance for over several months. A successful breakout would signal a substantial shift in the long-term trend.
Support from Accumulation Zone: The stock has recently bounced from a strong demand zone around ₹80 - ₹88 (highlighted in blue), indicating underlying buying interest.
RSI Rising: The Relative Strength Index (RSI) has recently crossed above the 50-mark and is trending upwards, suggesting a buildup of bullish momentum as the price approaches resistance.
Volume Activity: While recent volumes are moderate, a significant surge in volume on the day of the potential breakout would be crucial for confirmation.
Risk-Reward: A breakout offers a good risk-reward setup for short-term traders, targeting the next set of resistance levels.
Key Risk: Failure to break above the major descending trendline could lead to a reversal and a fall back towards the ₹95 - ₹100 levels. A sustained daily close below ₹105 would invalidate the bullish breakout attempt.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Equity investments are subject to market risks.
For Education Purposes Only
REL Power : Touched an All time High of 55 in recent years REL Power :
Touched an All time High of 55 in recent years
Important level to watch for is 65 which happened last time in Jan 2018 .
( This is a Monthly Time Frame Chart )
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Bajaj Hindusthan Sugar LtdBajaj Hindustan (Ethanol/Sugar Company)
if it sustain above 23 then I'm bullish in this for 1000% gain.
It'll going to give 13 years breakout.
Keep an eye on this.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
MAY 27 , 2024
Note
entry trigged add half and more on weekly candle close above 23
CHAMBLFERT - Chambal Fertilizers Ltd. (Daily chart, NSE) - LongCHAMBLFERT - Chambal Fertilizers Ltd. (Daily chart, NSE) - Long Position; short-term swing research idea.
Risk assessment: High {volume & support structure integrity risk}
Risk/Reward ratio ~ 3.41
Current Market Price (CMP) ~ 594
Entry limit ~ 592 on May 27, 2025
1. Target limit ~ 610 (+3.04%; +18 points)
2. Target limit ~ 625 (+5.57%; +33 points)
3. Target limit ~ 650 (+9.80%; +58 points)
Stop order limit ~ 575 (-2.87%; -17 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
= important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
Midhani Ready for Blast!Midhani is in a strong uptrend on the daily time frame, consistently forming higher highs and higher lows. On the lower time frame, the stock had cooled off but has now resumed its upward move, breaking out of a falling trendline on strong volumes. The current setup offers a risk of around 6 per cent, with potential upside targets of 12–15 per cent.
Swing trade in ola electri OLA ELECTRIC continue down last two month. This trade make a falling wedge pattern on daily time frame and also breakout from the trand line. Holding period one or two month Target 60 to 65 stop loss49-50. Please trade with own analysis. This is only for education purposes
Indusnd Bank Ltd view for Intraday 27th May #INDUSINDBK Indusnd Bank Ltd view for Intraday 27th May #INDUSINDBK
Resistance 805 Watching above 807 for upside momentum.
Support area 790 Below 800 ignoring upside momentum for intraday
Watching below 788 for downside movement...
Above 800 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Hindustan Copper Ltd view for Intraday 27th May #hindcopperHindustan Copper Ltd view for Intraday 27th May #hindcopper
Resistance 245 Watching above 246 for upside momentum.
Support area 235 Below 240 ignoring upside momentum for intraday
Watching below 233 for downside movement...
Above 240 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Paytm Ltd view for Intraday 27th May #paytmPaytm Ltd view for Intraday 27th May #paytm
Resistance 875 Watching above 876 for upside momentum.
Support area 860 Below 870 ignoring upside momentum for intraday
Watching below 858 for downside movement...
Above 870 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Anupam Rasayan Ltd view for Intraday 27th May #ANURAS Anupam Rasayan Ltd view for Intraday 27th May #ANURAS
Resistance 875 Watching above 876 for upside momentum.
Support area 860 Below 870 ignoring upside momentum for intraday
Watching below 858 for downside movement...
Above 870 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Anupam Rasayan Ltd view for Intraday 27th May #ANURAS Anupam Rasayan Ltd view for Intraday 27th May #ANURAS
Resistance 1000 Watching above 1002 for upside momentum.
Support area 980 Below 990 ignoring upside momentum for intraday
Watching below 978 for downside movement...
Above 990 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Glenmark Pharameceutical Ltd view for Intraday 27th May #GLENMARGlenmark Pharameceutical Ltd view for Intraday 27th May #GLENMARK
Resistance 1410 Watching above 1413 for upside momentum.
Support area 1370 Below 1390 ignoring upside momentum for intraday
Watching below 1370 for downside movement...
Above 1390 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Rate Gain Travel Technologies Ltd view for Intraday 27th May #RARate Gain Travel Technologies Ltd view for Intraday 27th May #RATEGAIN
Resistance 530 Watching above 531 for upside momentum.
Support area 520 Below 525 ignoring upside momentum for intraday
Watching below 519 for downside movement...
Above 525 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Review and plan for 27th May 2025Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT