Strong Buy Breakout ⚡
🔹 *Technical:* Strong Buy across Daily/Weekly/Monthly timeframes. RSI ~72, MACD/ADX/CCI/Stoch bullish — breakout above ₹545–550 zone :contentReference[oaicite:24]{index=24}.
🔹 *Support Levels:* ₹500 pivot; ₹462 (Supertrend/PSAR).
🔹 *Targets:* ₹597–600 next key resistance.
🔹 *Fundamentals:* Q1 EBITDA +28%, Net Profit +46%, EPS ₹3.68. Strong margins: ~19.6% EBITDA, ~12.1% net. ROCE 21.7%, low debt :contentReference[oaicite:25]{index=25}.
🔹 *Valuation:* P/E ~39× – high, but well‑backed by EPS growth (~23% past year; +27% forecasted) :contentReference[oaicite:26]{index=26}.
🔹 *Catalyst:* Sicona partnership advancing India’s first SiCx® silicon‑carbon anode plant—battery EV trigger :contentReference[oaicite:27]{index=27}.
🔹 *Risk:* Valuation premium and possible consolidation after heavy run-up.
📌 *Plan:*
– Long above ₹545–₹550 breakout with volume confirmation
– Initial stop‑loss near ₹500; alternate buffer at ₹462
– Targets: ₹597 → ₹650+ with trend continuation
– Consider adding on dip near support if structure holds
⚠️ Disclaimer
This analysis is for educational and informational purposes only, and not financial, trading, or investment advice. It should not be interpreted as a recommendation to buy, sell, or hold securities. Past performance is no guarantee of future results. Trading and investing involve risks—including potential loss of principal. Always conduct your own due diligence, use proper risk controls, and consult a qualified financial advisor where appropriate.
🔹 *Technical:* Strong Buy across Daily/Weekly/Monthly timeframes. RSI ~72, MACD/ADX/CCI/Stoch bullish — breakout above ₹545–550 zone :contentReference[oaicite:24]{index=24}.
🔹 *Support Levels:* ₹500 pivot; ₹462 (Supertrend/PSAR).
🔹 *Targets:* ₹597–600 next key resistance.
🔹 *Fundamentals:* Q1 EBITDA +28%, Net Profit +46%, EPS ₹3.68. Strong margins: ~19.6% EBITDA, ~12.1% net. ROCE 21.7%, low debt :contentReference[oaicite:25]{index=25}.
🔹 *Valuation:* P/E ~39× – high, but well‑backed by EPS growth (~23% past year; +27% forecasted) :contentReference[oaicite:26]{index=26}.
🔹 *Catalyst:* Sicona partnership advancing India’s first SiCx® silicon‑carbon anode plant—battery EV trigger :contentReference[oaicite:27]{index=27}.
🔹 *Risk:* Valuation premium and possible consolidation after heavy run-up.
📌 *Plan:*
– Long above ₹545–₹550 breakout with volume confirmation
– Initial stop‑loss near ₹500; alternate buffer at ₹462
– Targets: ₹597 → ₹650+ with trend continuation
– Consider adding on dip near support if structure holds
⚠️ Disclaimer
This analysis is for educational and informational purposes only, and not financial, trading, or investment advice. It should not be interpreted as a recommendation to buy, sell, or hold securities. Past performance is no guarantee of future results. Trading and investing involve risks—including potential loss of principal. Always conduct your own due diligence, use proper risk controls, and consult a qualified financial advisor where appropriate.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.