Contracting Price on SUNFLAGNSE:SUNFLAG Looking for long in sunflag as price is compressed near the supply downside volume dried up
7.80INR
11.15 BINR
34.87 BINR
37.58 M
About SUNFLAG IRON & STEEL CO.LTD.
Sector
Industry
CEO
Pranav Ravi Bhushan Bhardwaj
Website
Headquarters
Nagpur
Employees (FY)
3.44 K
Founded
1984
ISIN
INE947A01014
FIGI
BBG000D0KNN6
Sunflag Iron & Steel Co. Ltd. is a holding company, which engages in the manufacture and trade of iron and steel products. Its products include forging quality steel, forging quality ingots, spring steel, free and semi free cutting steel, micro alloyed steel, bearing steel, cold forging quality steel, engine valve steel, stainless steel rebar, stainless steel, super alloys, and tool steels. The company was founded by Satyadev Bhardwaj on September 12, 1984 and is headquartered in Nagpur, India.
Sun Flag : At Strong ResistanceSunFlag :
At Strong Resistance currently
Rising Wedge too !
Long only above 251
SUNFLAGSunflag at his Major Resistance & Now ready for Breakout we cann see such a good UpMove
KEEP ON RADAR
Looking Very Strong- Keep In Radar-possible symmetrical triangle breakout
-volume rising
-strong closing in red market shows strength
-keep in radar this can give decent return
SUNFLAG Setting up for a big moveThe stock has been consolidating since a long time, finally getting ready to come out of the range , Steel sector as a whole in limelight. One can buy with SL of 200 for a target of 300.
Sunflag Moving Up1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three week
SUNFLAG can be long for 25% Rt on WTFHi,
NSE:SUNFLAG is a holding company, which engages in the manufacture and trade of iron and steel products. It offers flat, round, and bright bar, wire rods of alloy, spring, and stainless steel. The firm's products are mainly used for the manufacture of Automotive Transmission Gears, Drive Sh
$SUNFLAG is trading on buy zone$SUNFLUG
- Pullback from support (50DMA level)
- Taking support @ 195 level
- Good time to accumulate or medium term Swing Trade
Note: Please go through the chart itself for better visualization and to get Target and Stop Loss level
Sunflag Iron & Steel Company - Long Setup, Move is ON...#SUNFLAG trading above Resistance of 230
Next Resistance is at 310
Support is at 144
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
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Frequently Asked Questions
The current price of SUNFLAG is 205.40 INR — it has decreased by 1.72% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange SUNFLAG IRON & STEEL CO.LTD. stocks are traded under the ticker SUNFLAG.
SUNFLAG IRON & STEEL CO.LTD. is going to release the next earnings report on May 30, 2024. Keep track of upcoming events with our Earnings Calendar.
SUNFLAG stock is 5.26% volatile and has beta coefficient of 2.10. Check out the list of the most volatile stocks — is SUNFLAG IRON & STEEL CO.LTD. there?
Yes, you can track SUNFLAG IRON & STEEL CO.LTD. financials in yearly and quarterly reports right on TradingView.
SUNFLAG stock has fallen by 7.12% compared to the previous week, the month change is a 9.46% rise, over the last year SUNFLAG IRON & STEEL CO.LTD. has showed a 40.11% increase.
SUNFLAG net income for the last quarter is 359.60 M INR, while the quarter before that showed 387.70 M INR of net income which accounts for −7.25% change. Track more SUNFLAG IRON & STEEL CO.LTD. financial stats to get the full picture.
Today SUNFLAG IRON & STEEL CO.LTD. has the market capitalization of 37.02 B, it has decreased by 2.02% over the last week.
SUNFLAG IRON & STEEL CO.LTD. dividend yield was 0% in 2022, and payout ratio reached 0%. The year before the numbers were 0% and 0% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SUNFLAG 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 SUNFLAG IRON & STEEL CO.LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 20, 2024, the company has 3.44 K employees. See our rating of the largest employees — is SUNFLAG IRON & STEEL CO.LTD. on this list?
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 SUNFLAG IRON & STEEL CO.LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SUNFLAG IRON & STEEL CO.LTD. stock shows the strong buy signal. See more of SUNFLAG IRON & STEEL CO.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.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SUNFLAG IRON & STEEL CO.LTD. EBITDA is 3.71 B INR, and current EBITDA margin is 13.14%. See more stats in SUNFLAG IRON & STEEL CO.LTD. financial statements.