The Co. Scan Steels Limited manufactures TMT Rod (under the brand name of SHRISHTII TMT), Sponge Iron, MS Billets/ Ingots, and generates power for captive consumption.
Technicals
Fundamentals which looks good as well
PLEASE NOTE THAT:
Technicals
- Pattern: Symmetrical Continuation Triangle (Bullish)
- Duration - 1-2 months
- The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
- RSI indicating price strength
Fundamentals which looks good as well
- Company with Low Debt
- Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
- Book Value per share Improving for last 2 years
- Company with Zero Promoter Pledge
- Company with decreasing Promoter pledge
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade
Trade closed: target reached:
Educational Target Closed!