NSE:SARDAEN Cmp : 1106 Good Volume Try on pullback near 1067 #Study, Learn & Earn. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
Breakout with high volume in Sarda Energy & Minerals Limited
Watch above 830 Upside 892/930 Downside 786 Details explained on chart. Simple analysis for learning and growing. chart and levels only for education purpose. Should be on watch list and execution.
Cup and handle breakout. A new rally can start once it crosses 926 levels with good volumes. It can once retest the breakout levels. Can add small quantities near 900 levels
Triangle breakout pattern in Sarda Energy & Minerals Limited
Sarda Energy & Minerals has an operating revenue of Rs. 2,198.82 Cr. on a trailing 12-month basis. Annual revenue growth of 18% is outstanding, Pre-tax margin of 23% is great, ROE of 16% is good. The company has a debt to equity of 67%, which is a bit higher.
Small range consolidation
SARDAEN LOOKS GOOD ABOVE 642 STRONG TILL 1198 WEAK BELOW 528 CMP 712 (WAIT FOR PULLBACK)
new 5 year high volume support seen close near day's high showing bullish sentiments at close stay long till rsi daily close below 55 levels to watch at down side - 648 / 528 disclaimer - trade @ own risk
Positional Trade: Sarda Energy Minerals has broken out of a resistance at 553. Buy: Sarda Energy Minerals CMP: 568 Target: 610 Stop Loss: 541
Buy Range: above trendline SL: 8% MAX Target: 15%
#SARDAEN CUP & HANDLE BO 1. CUP & HANDLE BO 2. Accumulate between 408-398 3. CBSL 350 4. TARGETs 439, 452, 489, 501, 536, 642, 677, 720, 741+
SARDA is trading near its tight support of 205 levels, glided through ascending trendline with huge volumes. Look for long positions above 210 for the below target. T1 : 236 T2 : 296 T3 : 382 Stop : 185