Siyaram good volume. Ready for a new ATH?
Trading in a range from April 22.
✅Good Volume and wide candles seen in
today's chart.
✅Trading close to ATH levels.
✅Trading above 50 DMA.
✅Resited the market fall.
❗️Prolonged and deep pull back after each upmove.
❗️Strentched with respect to 50 DMA. Almost 27%.
❗️Bearish sentiments in the market.
▶️Market Cap---₹ 2,792 Cr.
▶️Current Price---₹ 616
▶️Stock P/E---14.4
▶️ROCE---20.5 %
▶️ROE---16.3 %
Entry levels are marked on the chart. Watch for a breakout of 700 levels. Fresh entry or further addition is possible if ATH is broken with good volume and a good candle.
The chart shared is for educational purposes. This is not a buy-sell recommendation.
✅Good Volume and wide candles seen in
today's chart.
✅Trading close to ATH levels.
✅Trading above 50 DMA.
✅Resited the market fall.
❗️Prolonged and deep pull back after each upmove.
❗️Strentched with respect to 50 DMA. Almost 27%.
❗️Bearish sentiments in the market.
▶️Market Cap---₹ 2,792 Cr.
▶️Current Price---₹ 616
▶️Stock P/E---14.4
▶️ROCE---20.5 %
▶️ROE---16.3 %
Entry levels are marked on the chart. Watch for a breakout of 700 levels. Fresh entry or further addition is possible if ATH is broken with good volume and a good candle.
The chart shared is for educational purposes. This is not a buy-sell recommendation.
Trade active
Entry triggered. Trade closed: target reached
37.8% profit so far. Note
83% profit. That was an awesome move. Stock is a bit stretched. Do not enter in FOMO. No entry at this level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.