Professional-grade positional trade setup for Nuvoco Vistas CorpTechnical Setup (Daily Chart)
CMP: ₹362
Structure: Approaching a multi-month resistance at ₹370 (marked on chart). Price is squeezing near breakout point.
EMA Setup (5–9–20): Bullishly aligned; price holding above all EMAs with strength.
Volume: Gradual build-up, indicating accumulation.
Momentum: Positive divergence forming with RS SPX.
Pattern: Classic cup & handle breakout on cards.
🔔 Trade Plan
Entry: On close above ₹373 (daily breakout)
Stop-loss: ₹348 (below handle base)
Target 1: ₹410
Target 2: ₹445+
Risk–Reward: 1:2+ with bullish continuation potential
🧾 Fundamental Highlights
Metric Value
Market Cap ~₹13,100 Cr
P/E (TTM) ~28×
P/B Ratio ~1.7×
ROCE ~8.6%
ROE ~5.6%
Debt-to-Equity ~0.83×
Sales (FY24) ₹11,900+ Cr
Promoter Holding 71.53%
Cash Flow (FY24) Strong operating cash flow
🔹 Business: One of the leading cement players in East & North India. Recently improved operating margin and debt profile.
🔹 Tailwinds: Capex done, infra push from government, demand pick-up in housing & roads.
🔹 Recent Positives: Expansion benefits kicking in; YoY EBITDA margin improvement.
