VST Industries looking Solid after consolidation post split.VST Industries Ltd. engages in the provision of manufacture and sale of cigarettes and unmanufactured tobacco. It operates through the Sales Within India and Outside India too. VST Industries Ltd. CMP is 360.70.
The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge. The Negative aspects of the company are high Valuation (P.E. = 25.2), Stocks Underperforming their Industry Price Change in the Quarter, Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 362 Targets in the stock will be 374, 386, 400, 414 and 431. The long-term target in the stock will be 455, 470 and 487. Stop loss in the stock should be maintained at Closing below 301 or 287 depending on 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. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. 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.
VSTIND trade ideas
Technical Analysis of VST Industries Ltd (VSTIND)Technical Analysis of VST Industries Ltd (VSTIND)
Overview of the Stock - The chart shows a 1-hour candlestick chart of VST Industries Ltd (VSTIND) on the National Stock Exchange (NSE) of India. The key indicators used are the Exponential Moving Average (EMA) and the Relative Strength Index (RSI).
Key Observations - Price Action: - The price has been consolidating above the 200-hour EMA (416.76), indicating a potential uptrend. A breakout above the 1.618 Fibonacci extension level (590.75) could signal a stronger uptrend. A breakdown below the 0.618 Fibonacci retracement level (437.50) could indicate a potential reversal.
EMA (200): - The price is currently above the 200-hour EMA, suggesting a bullish bias.
A sustained break below the EMA could signal a bearish trend reversal.
RSI (14): - The RSI is currently at 53.33, indicating a slightly bullish sentiment.
A reading above 70 could suggest overbought conditions, while a reading below 30 could indicate oversold conditions.
Potential Scenarios
Bullish Scenario: - If the price breaks above the 1.618 Fibonacci extension level and the RSI remains above 50, it could signal a stronger uptrend. The next target could be the 600.00 level.
Neutral Scenario: - The price remains in a consolidation phase between the 0.618 Fibonacci retracement level and the 1.618 Fibonacci extension level. The RSI fluctuates between 40 and 70.
Bearish Scenario: - If the price breaks below the 0.618 Fibonacci retracement level and the RSI falls below 50, it could signal a bearish trend reversal. The next target could be the 380.75 level.
Conclusion - VST Industries Ltd (VSTIND) appears to be in a bullish uptrend based on the price action and the position of the EMA. However, it is important to monitor the price action and indicators closely for any signs of a potential reversal. Traders should also consider other factors such as news, earnings, and economic indicators before making any investment decisions.
Disclaimer:- This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions. Do your own research before buying this stock because I am not SEBI registered person and this is just for educational purposes. We are not responsible for your loss.
Thanks for your support as always
VSTINDNSE:VSTIND
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
VST Industries can be trusted as a long term investment ideaVST Industries Ltd. CMP – 3278.05 (Long Term Investment Idea) (High Dividend Yield Stock)
Market Capitalization Rs 5,061.9Cr
Red Flags:🟥
Declining cash from operations annual
FIIs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
MFs are increasing stake
Improving annual net profit
Dividend Yield @CMP = 4.60%
Previous Happy Candles Number – 48/100
New Happy Candles Number – 50/100
X/2 Fresh Entry/ averaging / compounding after closing above 3314
Final Entry 3398
Targets: 3471, 3590 and 3665
Long term target: 3739 and 3866
Stop loss: Closing below 3158
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. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. 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.
VSTINDNSE:VSTIND
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
VST TradeGood Risk Reward Opportunity. The stock is down being ex dividend.
Strong base of multiyear.
ITC having broken out, Cigarette stock are due for upmove. Weaker currency expected to reduce illegal import volumes. Industry well poised to capture consumption growth story and the company is expected to report high single digit to low double digit revenue growth this year.
Technically stock looks sound for a good 1:3 risk reward trade opportunity.
Breakout from Triangle patternThis is not really a triangle pattern...but i have seen these ill formed ( sorry to use this word, but it is is true) patterns also work...targets marked..it is a small cap, but the 3rd largest player in cigarette and tobacco industry..this is an idea, please do your own research