SURYAROSNI
SURYAROSNI | Swing Trade📊 DETAILS
Sector: Diversified
Mkt Cap: 7,063 cr
Surya Roshni Limited incorporated in 1973 has emerged as India’s largest ERW Pipes exporter, largest GI Pipes producer, and the second largest in the lighting segment. Its focus is on developing the value-added product mix (3LPE Coated pipes, Alkyd pipes, etc.)
TTM PE : 18.55 (High PE)
Sector PE : 37.14
Beta : 0.65
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
23.92% away from 52 week high
Underperformer - Surya Roshni down by -21.23% v/s NIFTY 50 down by -0.86% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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SURYA ROSHNI for 60% (approx..) GainSURYAROSHNI is showing cup and handle Breakout on weekly chart. fundamental is also good. check on ( www.screener.in ) Volume is also good.
CMP : 975
TG : 1400
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Learning : Stop loss is very important concept in stock market it will protect your capital but prepare to invest in another to recover your money from other one. If you don't know what is this ? how to place it ? go to YouTube there are 100's of videos available, learn from it.
" Learning is Life ".
Disclosure : Going to Hold
SURYAROSNI - Weekly Chart AnalysisAfter a log base of almost 2 years it went under consolidation of 16weeks with 22% range near the ATH zone (745-867).
A previous failed attempt is taken out this week with decent volumes. Now it shall sustain above 855 levels.
Upper side 1125 - 1345 - 1625 levels are the possible targets as per trend based fib.
Its above all the key moving averages.
Above view stands invalid if price close below 745 levels on weekly timeframe.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Surya Roshni Ltd - Long Setup, Move is ON...#SURYAROSNI trading above Resistance of 804
Next Resistance is at 1263
Support is at 521
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.
SURYAROSNI - Ichimoku Bullish Breakout Stock Name - Surya Roshni 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 850
#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.
SURYAROSNI- Ichimoku Bullish Breakout Stock Name - Surya Roshni 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 755
#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.
SURYAROSNI - Ichimoku Bullish Breakout Stock Name - Surya Roshni 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 680
#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.