ABCD Harmonic pattern with Testing strong support With positive harmonic pattern and stock testing at strong support can see up move for short term.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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32.75 INR
10.35 B INR
131.83 B INR
62.11 M
About SHYAM METALICS AND ENGY L
Sector
Industry
Headquarters
Kolkata
Website
Founded
2002
ISIN
INE810G01011
FIGI
BBG00MRZ1D40
Shyam Metalics & Energy Ltd. engages in the manufacture and sale of ferro alloys, iron and steel products and power generation. The company was founded on December 10, 2002 and is headquartered in Kolkata, India.
Above the trendline will be good.Price took support at the first level of buying.
Now if price closes above the trendline will be good for the price to move upside and create new high in coming days.
Shyam Metallics Cup with Handle20 week Cup with Handle with increasing volume.
Company with good fundamentals and quarterly results.
Technicals are impressive for long term.
SHYAMMETL Support & Resistance
#SHYAMMETL
Recent Uptrend: Strong uptrend in mid-September, peaking around *950. Consolidation: Current consolidation phase between 1890 and *920.
Resistance: Immediate resistance at *920-1930.
Support: Key support zone between ₹880 and *890.
Buy Zone: Ideal buy range is ₹890-1900.
Stop Loss: Set s
Shyam Metallics - Short term DARVAS technical trade Shyam Metallics - Short term technical trade
Fundamentals
MCAP- 22500 Cr
PE - 20.48 = Industry PE of 20.51
PEG Ratio is 1.84
Debt to Equity is 0.06 and ICR is 9
ROE is 12%, ROCE is 10% ( 5yr ROCE is 21%)
Sales growth is 5%, 5yr Sales growth is 23%
Profit Growth is 74%, 5yr Profit growth is 11%
Stock to watch Stock to watch
SHYAMMETL
+ Small basee after a Big base BO
+ Breakaway gap sustained
+ Trading above Key EMAs
SHYAMMETL- Cup and Handle -Breakout-WklySHYAMMETL- Cup and Handle—Breakout—Wkly
Name - SHYAMMETL
Pattern - Cup and Handle
Timeframe - Daily
Status - Breakout
Volume - Very Good
Cmp - 827
Target - 967
SL - 737
SHYAM METALICS - CONSOLIDATION BREAKOUT ON RADARRSI on all time frames above 60
Breakout with volume
Narrowing Bollinger Bands on weekly charts
Long consolidation breakout after a trending move
Breakout supported by strong volume
Major support near 660-710 zone
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not a
Shyam metalicsShyam Metalics appears to have entered its third wave as per Elliott Wave theory, signaling a strong potential for upward momentum. The third wave is typically the most powerful and extended wave in the Elliott Wave sequence, often marked by increased buying interest and a surge in price. Given the
SHAYM METALICS 7 MTHS CONSOLIDATION WILL IT SUSTAIN ?Shyam Metalics And Energy Ltd. is another interesting chart
1. 7 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 665 - 720 wh
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of SHYAMMETL is 721.85 INR — it has decreased by −1.72% in the past 24 hours. Watch SHYAM METALICS AND ENERGY LIMI stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange SHYAM METALICS AND ENERGY LIMI stocks are traded under the ticker SHYAMMETL.
SHYAMMETL stock has fallen by −4.79% compared to the previous week, the month change is a −6.74% fall, over the last year SHYAM METALICS AND ENERGY LIMI has showed a 5.92% increase.
We've gathered analysts' opinions on SHYAM METALICS AND ENERGY LIMI future price: according to them, SHYAMMETL price has a max estimate of 1,150.00 INR and a min estimate of 698.00 INR. Watch SHYAMMETL chart and read a more detailed SHYAM METALICS AND ENERGY LIMI stock forecast: see what analysts think of SHYAM METALICS AND ENERGY LIMI and suggest that you do with its stocks.
SHYAMMETL reached its all-time high on Sep 24, 2024 with the price of 956.05 INR, and its all-time low was 253.05 INR and was reached on Mar 29, 2023. View more price dynamics on SHYAMMETL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SHYAMMETL stock is 3.83% volatile and has beta coefficient of 1.36. Track SHYAM METALICS AND ENERGY LIMI stock price on the chart and check out the list of the most volatile stocks — is SHYAM METALICS AND ENERGY LIMI there?
Today SHYAM METALICS AND ENERGY LIMI has the market capitalization of 205.01 B, it has decreased by −5.84% over the last week.
Yes, you can track SHYAM METALICS AND ENERGY LIMI financials in yearly and quarterly reports right on TradingView.
SHYAM METALICS AND ENERGY LIMI is going to release the next earnings report on May 14, 2025. Keep track of upcoming events with our Earnings Calendar.
SHYAMMETL earnings for the last quarter are 7.10 INR per share, whereas the estimation was 9.86 INR resulting in a −27.97% surprise. The estimated earnings for the next quarter are 14.64 INR per share. See more details about SHYAM METALICS AND ENERGY LIMI earnings.
SHYAMMETL net income for the last quarter is 1.98 B INR, while the quarter before that showed 2.15 B INR of net income which accounts for −8.26% change. Track more SHYAM METALICS AND ENERGY LIMI financial stats to get the full picture.
SHYAM METALICS AND ENERGY LIMI dividend yield was 0.76% in 2023, and payout ratio reached 11.32%. The year before the numbers were 0.68% and 5.38% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Feb 18, 2025, the company has 16.57 K employees. See our rating of the largest employees — is SHYAM METALICS AND ENERGY LIMI on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHYAM METALICS AND ENERGY LIMI EBITDA is 17.92 B INR, and current EBITDA margin is 12.13%. See more stats in SHYAM METALICS AND ENERGY LIMI financial statements.
Like other stocks, SHYAMMETL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHYAM METALICS AND ENERGY LIMI stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHYAM METALICS AND ENERGY LIMI technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHYAM METALICS AND ENERGY LIMI stock shows the buy signal. See more of SHYAM METALICS AND ENERGY LIMI technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.