Nava Ltd. is showing strong price action with a Cup & Handle formation on the weekly chart, supported by strong volume expansion and positive relative strength. The stock is currently trading above all its key moving averages, with cushion of ~12% from the 50DMA and ~35% from the 200DMA, indicating a well-established uptrend.
📊 Fundamentals:
Operating Revenue: ₹3,954.40 Cr (TTM)
Annual Revenue Growth: 5% (moderate)
Pre-tax Margin: 40% (excellent)
ROE: 14% (good)
Debt-to-Equity: 11% (very healthy balance sheet)
📈 Technical Highlights:
Breakout above a base on weekly charts.
Currently trading ~8% above pivot point (extended from ideal entry zone).
Cup & Handle pattern under formation, supported by strong volumes.
Strong Relative Strength (RS) trend vs Nifty.
O’Neil Methodology Ratings:
EPS Rank: 80 (Good – consistent earnings)
RS Rating: 92 (Great – strong outperformance vs peers)
Buyer Demand: A (strong accumulation)
Institutional Holding: Increased in the latest quarter (positive sign).
Overall View:
Nava Ltd. combines solid fundamentals, strong technical structure, and increasing institutional support. With the Cup & Handle setup, robust RS, and volume confirmation, the stock looks well-positioned to extend momentum in Stage 2.
Caution: Stock is trading slightly extended (~8% above pivot). Ideal entries are closer to pivot levels, so risk management is key.
🔖 Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice or a buy/sell recommendation.
📊 Fundamentals:
Operating Revenue: ₹3,954.40 Cr (TTM)
Annual Revenue Growth: 5% (moderate)
Pre-tax Margin: 40% (excellent)
ROE: 14% (good)
Debt-to-Equity: 11% (very healthy balance sheet)
📈 Technical Highlights:
Breakout above a base on weekly charts.
Currently trading ~8% above pivot point (extended from ideal entry zone).
Cup & Handle pattern under formation, supported by strong volumes.
Strong Relative Strength (RS) trend vs Nifty.
O’Neil Methodology Ratings:
EPS Rank: 80 (Good – consistent earnings)
RS Rating: 92 (Great – strong outperformance vs peers)
Buyer Demand: A (strong accumulation)
Institutional Holding: Increased in the latest quarter (positive sign).
Overall View:
Nava Ltd. combines solid fundamentals, strong technical structure, and increasing institutional support. With the Cup & Handle setup, robust RS, and volume confirmation, the stock looks well-positioned to extend momentum in Stage 2.
Caution: Stock is trading slightly extended (~8% above pivot). Ideal entries are closer to pivot levels, so risk management is key.
🔖 Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice or a buy/sell recommendation.
Declinazione di responsabilitÃ
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 responsabilitÃ
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.