Morning Brief: 8 technical setups and 6 long-term candidates
The latest Nifty 50 move is -1.19%. Sector leadership is concentrated in Nifty IT and Nifty Auto. The immutable ledger published 8 technical setups and 6 long-term research candidates. 2 recent result events remain on the radar.
Market pulse
Latest stored index contextNifty 500 breadth
92.0% universe coverage · 15 Sept, 3:50 pmSector leadership
Relative movement, not a recommendationPublished research
14 immutable ledger entriesTechnical setups
Two comparable lows with price pressing back toward neckline resistance · volume 42.4x 20D avg · traded value Rs 1761 Cr · ATR14 + 10/20-session structure; target at least 2R
Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 58.0x 20D avg · traded value Rs 1850 Cr · ATR14 + 10/20-session structure; target at least 2R
Flat resistance with rising lows; watch for volume-backed breakout · volume 4.7x 20D avg · traded value Rs 134 Cr · ATR14 + 10/20-session structure; target at least 2R
Flat resistance with rising lows; watch for volume-backed breakout · volume 2.7x 20D avg · traded value Rs 16 Cr · ATR14 + 10/20-session structure; target at least 2R
Flat resistance with rising lows; watch for volume-backed breakout · volume 2.3x 20D avg · traded value Rs 221 Cr · ATR14 + 10/20-session structure; target at least 2R
Two comparable lows with price pressing back toward neckline resistance · volume 1.9x 20D avg · traded value Rs 1217 Cr · ATR14 + 10/20-session structure; target at least 2R
Rounded base with shallow handle; best only on breakout confirmation · volume 6.7x 20D avg · traded value Rs 191 Cr · ATR14 + 10/20-session structure; target at least 2R
Current bullish body overwhelms prior bearish candle after a short decline · volume 1.8x 20D avg · traded value Rs 122 Cr · ATR14 + 10/20-session structure; target at least 2R
Long-term candidates
The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 87/100, Piotroski 7/9, model margin of safety 57.6%, FCF yield 19.1%, Trust Score 81/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 82/100, Piotroski 8/9, FCF yield 3.7%, Trust Score 85/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 81/100, Piotroski 8/9, model margin of safety 48.7%, FCF yield 4.9%, Trust Score 83/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 79/100, Piotroski 8/9, model margin of safety 58.7%, FCF yield 5.5%, Trust Score 86/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 79/100, Piotroski 8/9, model margin of safety 51.8%, FCF yield 1.8%, Trust Score 86/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 70/100, Piotroski 7/9, model margin of safety 54.3%, FCF yield 4.2%, Trust Score 69/100.
Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.
Results radar
Reported and upcoming company eventsOrder wins
Recent exchange-sourced disclosuresReceipt of Letter of Award from Adani Electricity Mumbai Limited for supply of speciallised cables
Source disclosurePlease find enclosed herewith the press release on the order win by the company for 124 MW, which is self-explanatory.
Source disclosureIntimation of receipt of Order worth Rs. 27.82 Crores (incl. taxes) from Hindalco Industries Limited
Source disclosure