SARDA ENERGY AND MINERALS good weekly closing. Weekly trend breakout. Target 1157
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
One can accumulate from this point till result Feb 9th. Market Capitalization 3000 Cr profit rear 670 Cr. Mar cap supposed to be min 10 times of profit. If company able to maintain this growth, stock needs to pump
Iron Ore prices have bene rising again and Sarda could benefit from being a pellet play. The promoter has come out in Dec in a TV interview saying its a decent quarter. The stock has come off its highs..bounced off a key Fibo level and could now breakout of the descending triangle. Long above 815 with a SL below 780. Volumes seem to be picking up as well.
SARDAEN CMP - 853 Target - OPEN SL - 612MCB #SARDAEN #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
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.
All time high breakout with volume after a period of 3 years. Target of 1200++ and a stop loss of 600 for defensive investors and 490 for aggressive investors. Caution:Volatile stock #TradeTheTrend#TechnicalPick
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%
Sarda Energy Cmp 510.35 dated 30.4.2021 Channel consolidation of almost 8 months, breakout of channel was at 490. Buy for a tgt of 590 SL 488. It is just a view, pls trade at your own risk.
Sarda Energy becomes a successful bidder for Gare-Palma-IV/7 & Sahapur West coal mines. Good news continue for the company, and the on-going uptrend likely to continue till Rs.430.
#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+