Sumjeet Industries This Penny Stock Hitting Bottom line
If you Penny Stock investors than go for it
This stock made high of ₹33
If you see one day time frame W Pattern formation and BREAKOUT of W Pattern
Hold it for Double your capital and Above
STOP LOSS should be a it's low
26.07 INR
1.70 B INR
10.03 B INR
4.03 M
About SUMEET INDUSTRIES LTD.
Sector
Industry
CEO
Pratik R. Jaju
Website
Headquarters
Surat
Founded
1988
ISIN
INE235C01010
FIGI
BBG000D0J9F8
Sumeet Industries Ltd. is a manufacturer and exporter of polyester chips, polyester filament yarn, and polypropylene multifilament yarn. It also produces polyester semi dull intermingled partially oriented yarn. The firm exports pet chips and polyester yarns to Bangladesh, Egypt, Saudi Arabia, China, Argentina, Iran, Poland, Vietnam, Philippines, Israel, Morocco, Columbia, Ethiopia, Mexico, Nepal, U.S., Brazil, and Singapore. The company was founded by Shankarlal Sitaram Somani on August 1, 1988 and is headquartered in Surat, India.
Long Sumeet for quick gainsLong sumeet at current levels
Huge buying
Stock expected to retrace quickly
Sumeet Ind Ready to Take OffSumeet Industries is extremely oversold as per rsi indicator.
I see kite pattern on chart ;-)
Sumeet can go upto the levels of 42 to 45 in short term and breakout above 45 opens up for higher levels which can lead it to 56 to 60 level in medium term.
Sumeet fundamentals are also good and one can c
Resistance break out Levels all mentined on the chart.
This going to be a long term trade
our target 2 times more than our risk.
Sumeet Industries : Quoting Near Support Zone ... {Bullish}To All Members , Sumeet Industries (A Textile Sector Company) Looks Good To Buy For Short Term ... It is Near the Reversal Zone And Made Rounding Bottom Pattern on Weekly Chart {Most Successful Pattern} ... Overall , It Looks Good For Short-Mid Term ...
Approach it for :
sumeet industries- flag setupsumeet industries has formed a beautiful flag pattern .
buy for a breakout above 40 sl 30.5 cmp 32.9
sustained closing above 40 will open a big target .
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SUMEETINDS is 96.60 INR — it has increased by 1.90% in the past 24 hours. Watch SUMEET INDUSTRIES LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange SUMEET INDUSTRIES LTD. stocks are traded under the ticker SUMEETINDS.
SUMEETINDS reached its all-time high on Jul 22, 2011 with the price of 686.98 INR, and its all-time low was 25.20 INR and was reached on Mar 31, 2020. View more price dynamics on SUMEETINDS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SUMEETINDS stock is 1.86% volatile and has beta coefficient of 0.58. Track SUMEET INDUSTRIES LTD. stock price on the chart and check out the list of the most volatile stocks — is SUMEET INDUSTRIES LTD. there?
Yes, you can track SUMEET INDUSTRIES LTD. financials in yearly and quarterly reports right on TradingView.
SUMEETINDS net income for the last quarter is 676.79 M INR, while the quarter before that showed 971.82 M INR of net income which accounts for −30.36% change. Track more SUMEET INDUSTRIES LTD. financial stats to get the full picture.
No, SUMEETINDS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SUMEET INDUSTRIES LTD. EBITDA is 123.17 M INR, and current EBITDA margin is 1.23%. See more stats in SUMEET INDUSTRIES LTD. financial statements.
Like other stocks, SUMEETINDS 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 SUMEET INDUSTRIES LTD. 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 SUMEET INDUSTRIES LTD. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SUMEET INDUSTRIES LTD. stock shows the buy signal. See more of SUMEET INDUSTRIES LTD. 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.