Technical Breakout Intraday Live Analysis on NSE & BSE Stocks for 19th March 2025
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Technical Breakout Stocks - March 18, 2025
Golden Cross Alert: Som Distilleries, Ras Resorts, and ANS Industries Show Bullish Signals
The stock market is always on the lookout for strong technical signals, and the Golden Cross is one of the most powerful indicators of a potential uptrend. A Golden Cross occurs when the 50-day Simple Moving Average (SMA 50) crosses above the 200-day Simple Moving Average (SMA 200), signaling bullish momentum.
Recently, three stocks—Som Distilleries & Breweries, Ras Resorts & Apartments, and ANS Industries—have triggered this pattern. Let's dive into their technicals and what analysts are saying.
1. Som Distilleries & Breweries Ltd (NSE: SOMDIST)
- LTP: ₹131.0
- Change: ▲ 2.04 (1.6%)
- SMA 50: 112.2
- SMA 200: 111.9
- Golden Cross Date: March 18, 2025
Analyst View:
Som Distilleries is witnessing strong momentum as the stock has broken above key resistance levels. The alcohol and beverage sector has been experiencing demand growth, and analysts believe this Golden Cross confirms sustained bullish sentiment. If the stock holds above ₹130, the next target could be ₹150. However, a break below ₹120 may weaken the trend.
2. Ras Resorts & Apartments Ltd (NSE: RASRESORT)
- LTP: ₹46.0
- Change: ▼ -1.73 (-3.6%)
- SMA 50: 48.2
- SMA 200: 48.1
- Golden Cross Date: March 17, 2025
Analyst View:
Despite forming a Golden Cross, Ras Resorts has shown a short-term pullback. Analysts suggest this could be a buying opportunity if the stock finds support near ₹45. The hospitality sector is poised for a recovery post-pandemic, and a successful move above ₹50 could push it toward ₹55-₹60 levels.
3. ANS Industries Ltd (NSE: ANSIND)
- LTP: ₹11.9
- Change: ▼ -0.60 (-4.8%)
- SMA 50: 11.2
- SMA 200: 11.1
- Golden Cross Date: March 12, 2025
Analyst View:
ANS Industries is a low-priced stock that has recently shown an uptrend. The Golden Cross suggests potential accumulation by smart money, but the stock needs to stay above ₹12 for further upside. Short-term volatility is expected, but the long-term trend remains positive if it holds support at ₹11.
Conclusion: Is It Time to Buy?
The Golden Cross is a strong bullish signal, but traders should always combine it with fundamental analysis and risk management. While Som Distilleries appears the strongest technically, Ras Resorts and ANS Industries need to sustain momentum for further gains.
Technical traders might consider buying on dips with strict stop-losses, while long-term investors should watch for trend confirmations.
Death Cross Alert: Raama Paper Mills, JMJ Fintech, and Wallfort Financial Signal Bearish Trend
The Death Cross is a significant bearish technical signal, occurring when the 50-day Simple Moving Average (SMA 50) falls below the 200-day Simple Moving Average (SMA 200). This crossover suggests potential downside momentum and increased selling pressure.
Recently, three stocks—Raama Paper Mills Ltd, JMJ Fintech Ltd, and Wallfort Financial Services Ltd—have witnessed this pattern. Let’s analyze their technicals and what market experts predict.
1. Raama Paper Mills Ltd (NSE: RAAMAPAPER)
- LTP: ₹13.4
- Change: - (0%)
- SMA 50: 15.9
- SMA 200: 15.9
- Death Cross Date: March 18, 2025
Analyst View:
Raama Paper Mills has formed a Death Cross, indicating weakening momentum. The stock has struggled to break resistance levels, and analysts warn that if it drops below ₹13, further downside toward ₹11 could be expected. Caution is advised.
2. JMJ Fintech Ltd (NSE: JMJFINTECH)
- LTP: ₹24.8
- Change: - (0%)
- SMA 50: 26.3
- SMA 200: 26.4
- Death Cross Date: March 18, 2025
Analyst View:
JMJ Fintech’s Death Cross suggests a possible correction phase. The stock needs to reclaim ₹26 to regain strength. Below ₹24, selling pressure could increase, with a possible decline toward ₹22.
3. Wallfort Financial Services Ltd (NSE: WALLFORTFIN)
- LTP: ₹108.0
- Change: ▲ 3.15 (3.0%)
- SMA 50: 146.9
- SMA 200: 147.3
- Death Cross Date: March 18, 2025
Analyst View:
Despite a short-term uptick, Wallfort Financial has triggered a Death Cross, signaling potential long-term weakness. If the stock fails to cross ₹115, it may slide toward ₹100, where stronger support lies.
Conclusion: Should Investors Be Cautious?
The Death Cross is a strong bearish indicator, but traders should analyze broader market conditions before making decisions. Stocks forming a Death Cross tend to remain weak unless fundamental changes drive a reversal.
Given the current technical setup, short-term traders may look for pullbacks to exit positions, while long-term investors should monitor key levels before considering fresh entries. Risk management is essential in such market conditions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a professional before making any decisions.
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Disclaimer: The stock price targets and analysis presented are based on publicly available information from top brokerage firms and may change over time. Always consult with your financial advisor before making any investment decisions. The opinions expressed in this article are for informational purposes only and do not constitute financial advice.
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