SardaEn - Flag Pole BreakoutSardaEn :
Flag Pole Breakout
Looks good only above 373 with support at 359
SARDAEN trade ideas
SARDAEN a consolidation breakout will it sustain or fizzle out Sarda Energy & Minerals Ltd. is another consolidation breakout
1. RSI on all time frames above 60
2. Breakout of one year long consolidation
3. Major cluster of supports near 258-295 zone which can be good risk reward zones to buy on dips
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Sarda energy Is an premium zone and can take pull back nowPrice welcome to the discount zone and I have marked two points on the chart from where Price can reverse. We can plan a trade in the lower time frame like 30 minute or one hour and with proper risk management.
SARDAEN - Ichimoku Breakout📈 Stock Name - Sarda Energy & Minerals Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 301.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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SARDAEN is Ready to fly!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From May 2024 to Aug 2024 its in 60 Points range.
* From May 2024 to Aug 2024 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Break Resistance Zone with good volume.
* Volume Accumulation (Volume is also Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Sarda En : Resistance breakoutSardaEn :
Closed above good resistance
Bounced from support turned resistance (dotted)
Long only above 295 with immediate support at 280
SARDA - SG 144 Very SimpleSARDA - SG 144 Very Simple
1) Though parameters fulfil
2) But I am new to gap dn
3) Lets see, if it goes up as expected by scanner
or Goes down and breaks drastically due to Gap DN
Unlocking Potential: Sarda Energy's Path to Progress!Sarda Energy could advance if it revisits the 4-hour bulls order block and retracement level. Should it rebound from the 4-hour bulls order block, we may view it as a chance to consider buying.
Sarda Energy and Minerals, potential to go from mid to large capA growth oriented company having coal & iron ore mines and ferro alloys mfg. plant focused on value added products like sponge iron, steel billets, wire rod and h.b. wire and thermal & hydro power generation plants..
Increasing its mining capacities in both coal and iron ore
Increasing its wire rod & hb wire capacities
Increasing its power generation capacities
Increasing its ferro alloy production capacities
holding for long term, 12 months or so, may make sense here.. as long as it remains in the parallel channel... price at the middle of the bollinger band with the possibilty of visiting the lower end.. quarterly results this friday
SARDAEN showing strength on Chart after breakout of 1200 level ## Trade Details
- Name of The Stock : **Sarda Energy & Minerals Ltd.**
- Type of Trade : Momentum Investment or Positional Trade
- Duration : More than 60 days
- Entry Level : Between 1600.00 to 1700.00
- Stop Loss : Initial 1425.00 (Trail accordingly)
- Target : above 2500.00
---
## Chart Details
- Stock has started new rally
- Accumulation started from 1200 level
- Relative Strength (RS) positive
- RSI is also showing
An Energy Booster for my Portfolio1st Target 1700..parallel channel breakout
2nd Target 1813...triangle breakout (vcp maybe as well?)
Stop Loss 1360 ... price closing below previous high
Triggers:
1. Share split from 10FV to 1FV leading to better liquidity of company shares.
2. Full impact of commissioning of Hydropower project Sikkim from Q1.
3. Successful Bidder of SKS Thermal Power Chattisgarh having 1200MW capacity of which 600MW installed capacity in running condition and CapEX required for balance 600MW.
SARDA ENERGY
Prices have decisively moved past its prior all time high of 1360.
This means stock is likely to continue its up-trend and test at least the 161.8% FR level resistance at 1760.
Monthly RSI is yet to touch the oversold zone, which means there is scope for more rally.
Bullish view remains intact as long as price stays above 1200.
SARDAEN : Retest LevelsNSE:SARDAEN has retested its breakout level and is now ready for further upside.
SAEDAENG: Breakout TradeNSE:SARDAEN has given a breakout of Symmetrical Triangle. Long trades can only be taken after closing of candle above the downward sloping upper bound. 75% of times there is a chance of retest after the breakout. The strict stop loss should be followed.
Sarda Energy and Minerals long ideaSarda Energy monthly chart shows us that as long as price is trading above the rising resistance red trendline it may continue to trend up. Twice before evening star candles were formed and prices corrected thereafter... this time price broke above this trendline and closed.. Fibonacci levels points to next target as 1522..price closing below the rising red trendline is the stop loss...
The company has captive coal mines, captive iron ore mines, captive thermal power generation plants and produces iron and steel products, ferro alloys.. It also has 142 MW of Hydro Power generating projects in 3 states.. looks insulated against inflationary costs of rising power and coal prices i the present environment..
Market is not conducive in present environment so bear in mind that most trade ideas will fail :) we can only try or sit back and let the storm pass
Channel Breakout in SARDAENDON'T HAVE TIME TO MANAGE YOUR TRADES? |
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
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
Channel Breakout in SARDAEN
Buy Today, Sell Tomorrow: SARDAEN
Sarda BUllishSarda Energy seems strong closing in life time high
Rally may continue further
concentrate if price sustain above 1260 in 4hrs
Sarda Energy Cmp 1078 dated 11.3.2022 INVESTMENT IDEASarda Energy Cmp 1078 dated 11.3.2022
1. Flag Pattern on Weekly chart.
2. Channel BO on Daily Chart.
3. Volume surge
4. Cup & Handle Pattern On chart & RSI.
Buy for a tgt of 1325 SL 990
It is just a view, pls trade at your own risk.
SARDAEN| Good for Long 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.
New Breakout In energy stockNow this is fresh buying & breakout position. Price released after long consolidation.
