Contracting Price on SUNFLAGNSE:SUNFLAG Looking for long in sunflag as price is compressed near the supply downside volume dried up Longby ProfitPranks_HSUpdated 3
Sun Flag : At Strong ResistanceSunFlag : At Strong Resistance currently Rising Wedge too ! Long only above 251by roshansaiUpdated 0
SUNFLAGSunflag at his Major Resistance & Now ready for Breakout we cann see such a good UpMove KEEP ON RADARLongby MrRisk_Manager2
Looking Very Strong- Keep In Radar-possible symmetrical triangle breakout -volume rising -strong closing in red market shows strength -keep in radar this can give decent returnLongby Marketik4
SUNFLAG Setting up for a big moveThe stock has been consolidating since a long time, finally getting ready to come out of the range , Steel sector as a whole in limelight. One can buy with SL of 200 for a target of 300.Longby Harsh_19940
Sunflag Moving Up1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one-day price drop After rising from ₹86 to ₹248 during Nov'22-Aug'23, NSE:SUNFLAG started giving up its gains. On 15th Nov it broke the downtrend line and after taking support on the same line it bounced back on 21st Nov. It is a buy with a stop around ₹185. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in. Longby akashbothra223
SUNFLAG can be long for 25% Rt on WTFHi, NSE:SUNFLAG is a holding company, which engages in the manufacture and trade of iron and steel products. It offers flat, round, and bright bar, wire rods of alloy, spring, and stainless steel. The firm's products are mainly used for the manufacture of Automotive Transmission Gears, Drive Shafts, Steering System, Bearings, Exhaust System and Engine Components through hot forging, cold forming and machining operations. The company was founded by Satyadev Bhardwaj on September 12, 1984 and is headquartered in Nagpur, India. An On Neck Pattern is activated on the weekly chart of NSE:SUNFLAG which probably fetch more than 25% return in coming weeks. On can create a long position in the scrip near CMP of INR 239 or below with stop loss of 206 on weekly cloasing basis for a target of INR 273 and 307 Exit the position if the stop loss is triggered on WCB. If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates. Post your comments and queries. Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns. Longby raigvivekUpdated 1
$SUNFLAG is trading on buy zone$SUNFLUG - Pullback from support (50DMA level) - Taking support @ 195 level - Good time to accumulate or medium term Swing Trade Note: Please go through the chart itself for better visualization and to get Target and Stop Loss levelLongby We_Learn_Investing1
Sunflag Iron & Steel Company - Long Setup, Move is ON...#SUNFLAG trading above Resistance of 230 Next Resistance is at 310 Support is at 144 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli3
SunFlag Iron & Steel #Sunflag - Triangle breakoutSunFlag Iron & Steel Triangle Breakout Trend continuation Earlier Resistance acts as a support now Decent Volumes Longby MK_Talks0
SUNFLAG - Long Setup, Move is ON..NSE:SUNFLAG ✅ #SUNFLAG trading above Resistance of 174 ✅ Next Resistance is at 234 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Sandeep_Aggarwal2
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in SUNFLAG BUY TODAY SELL TOMORROW for 5% Longby Kapil-Mittal141441
Sunflag - Upward consolidationSunflag in an upward consolidation stage. Will break the new resistance . New highs can be seen within 15-20 days .by DevanNaayarUpdated 2
Sunflag Iron & Steel Company Ltd - Long callSunflag Iron & Steel Company Ltd Analysis report. Stock has broken 10 years trend line with gapup indicating strong momentum. also forming inverted head and shoulder. Safe to enter near neck line - sock may retest the neck line. entry 153 SP - Trendline - 143 Target 190 :) Longby shashidhara252
SUNFLAG Bullish; above 151 on Monday 20 Mar for IntradayExercise caution as broader market is bearish. Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.Longby JJ_BreakoutsUpdated 225
SUNFLAG IRON & STEEL - 40% RETURNS!!!BUY - SUNFLAG IRON & STEEL CMP - Rs. 149 Target - 1: Rs. 170 Target - 2: Rs. 210 . . Technicals - Price Volume Breakout accompanied by Ascending Triangle Breakout . . Follow me for more!Longby nilakshgupta3
Ascending Triangle pattern BOSUNFLAG - Ascending Triangle BO - Increase in volume during BO - HL into the resistance - Above all important Moving Avg. - Bullish RSI in all bigger tf. - Showed strength during the Weak market.by ChartShala225
Sunflag Looks good above 151Sunflag Looks good above 151 Multiyear Breakout Lifetime High Closing Looks good for 30/50% hereon #sunflag #investing #trading #multibaggerLongby momentotrades1
SUNFLAG near ATM with good volumeSUNFLAG near ATM with good volume and momentum, closing above 151 on a daily time frame will make a quick move upside Note : we can see negative RSI on daily time frame, SL can be placed at 135 on daily time frame close basis. Longby ramkumargg0
SUNFLAG - Ichimoku Bullish Breakout Stock Name - Sunflag Iron And Steel Company Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 151 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja1
SUNFLAG IRON & STEELMarket Cap 1,608 Cr. Promoter holding 51.2 % Pledged percentage 0.00 % Intrinsic Value 453 Stock P/E 7.72 Industry PE 16.70 ROCE 15.8 % ROCE3yr avg 12.2 % ROE 13.2 % ROE 5Yr 11.6 % OPM 12.7 % EBIDT growth 3Years 17.5 % Debt to equity 0.21 EPS 61 vs 12 last year The product range includes : Rolled products, Billet/Bloom, Ingots, and Bright Bars etc. of varied shape and size range. These products are mainly used for manufacturing Automotive Transmission Gears, Drive Shafts, Steering System, Bearings, Exhaust System and other Engine Components to to various customers in South East Asian, North American and South American Countries, East African Countries, Europe, Japan, Taiwan and China. It also supplies to Railways and Defence for critical/core applications. The company owns and operates only 1 steel manufacturing plant in Bhandara, Maharashtra with a capacity of producing 5,00,000 tonnes p.a. of high-quality special steel. It has facilities like Sponge Iron Plant, Mini blast furnace, sinter plant, 30 MW captive power plant and other facilities. The company is venturing into manufacturing of Super Alloy, which is an alloy for high performance applications like Aircraft Parts, Armaments, Submarine Parts, Space Vehicle and Rocket Engines, Nuclear Reactor, Supercritical Power Plants, etc. It received major machinery for commissioning its Super Alloy Project but due to lockdown the engineers from Germany at the Company's project site have been called back by their Government. Longby CuriousChartistUpdated 227
Sunflag iron stage 1 breakout.Sunflag iron stage 1 breakout. Stop loss 136. Only for information. trade at your own riskLongby pankaj1614312Updated 2