SYRMASYRMA showing flag pattern. Pattern target comes near 800 which is approx 33% from CMP. Stock is trading in channel since a month. There is high probability that the stock may give break-out above 615 and may continue its journey towards new high. Coming session will be decisive.Longby vinithshah91
Syrma SGS Tech. at Buy Breakout#Syrma SGS Technology Ltd. Breakout above 570 sustained closing basis. CMP 574. Resistance 595/685. Expected Level 765. Mid-Long Term. View negated below 519. #TMPV #EMS #BreakoutStock #StockInvesting #SmartEyeLongby Pratik_SmartEye0
Breaking Out of Falling Wedge and Symmetrical TriangleNSE:SYRMA is breaking out of Falling Wedge and Symmetrical Triangle Breakout on Weekly TF. With 2nd Best Weekly Volumes. NSE:SYRMA is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization. Recently it posted good Q2 FY 24-25 Results, posting a 30% Y/Y rise in Q2 consol profit after tax. The auto and healthcare businesses led growth in Q2 and will drive future growth further ahead. Also, expect a recovery in margins fuelled by higher exports and design and manufacturing businesses. NSE:SYRMA faces margin challenges as the consumer segment, which comprises 35%—38% of topline, operates with lower margins, and they are aiming to lower the segment's share further. One can wait for a retracement or ride the momentum with the current week candle as stop loss. 🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions. Longby Karanshah137Updated 2211
Conformation on daily charts, Trade Active.NSE:SYRMA Conformation on daily charts, Trade Active of Weekly Idea. Longby Karanshah1378
Amazing breakout on Weekly / Daily Timeframe - SYRMACheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!Longby Yoyohoneysingh931
SYRMA - BreakoutStock price consolidated since February 2024 and it today breakout the resistance with good volume in day time frame.Longby Breakout_Spotter2
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle 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 Trendline Breakout in SYRMA BUY TODAY SELL TOMORROW for 5% Longby Kapil-Mittal338
Scanner scans - SPARCGot a 2% tgt with Nestle but got stopped out with JSW Steel on my last trades. SPARC is a new one on the scanner, so lets see how it goes. Tried to get again (though not fresh on scanner) on RHIM and Syrma.... Got stopped out on same day on RHIM but Syrma is holding...lets see how it goes on Monday. 03:51by Hiren10
NSEBSE Syrma SGS Technology Ltd.Syrma SGS is the fourth-largest player in the electronics manufacturing services (EMS) sector by market cap. Pros: Growth in Net Profit with increasing Profit Margin (QoQ) Company with Low Debt Company able to generate Net Cash - Improving Net Cash Flow for last 2 years Book Value per share Improving for last 2 years Company with Zero Promoter Pledge FII/FPI have increased holdings from 11.13% to 12.95% in Mar 2024 qtr. Cons MFs decreased their shareholding last quarter Inefficient use of capital to generate profits - RoCE declining in the last 2 years Inefficient use of shareholder funds - ROE declining in the last 2 years Inefficient use of assets to generate profits - ROA declining in the last 2 years Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years Low Piotroski Score : Companies with weak financials Recent Results: Declining Operating Profit Margin and Net Profits (YoY) by shanmurali4
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle 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 Inverted Head & Shoulder Breakout in SYRMA BUY TODAY SELL TOMORROW for 5%by Kapil-Mittal228
Keep this in your watchlist #Siyaram silkThere is a possibility that now the textile will show some moves, check the related stock and bet on your winner.Longby ujlayanshivam0
Syrma-A hidden bullish divergence hinting a reversal?Syrma is a very reputed Electronics manufacturing supplier which has shown good growth in past few years. Technical analysis of chart shows bullish divergence near a strong support. If the stock crosses 500, we can see quick move towards target mentioned. A supportive broader market can also help stock make new ATH. Keep in watchlist. Longby chartistamey11163
Breakout PotentialAbove 628 breakout Bullish View Target : 700 SL : 596 Risk is yours and Reward is too yours Longby jkwealthplusUpdated 1
Tweezer bottom candlestick patternTweezer bottom candlestick pattern alsoinsidecandle hints that selling has been paused and bulls are ready to move the price upwards.Follow with above mentioned levels for targets and stoploss.Longby Tradingpath3
#SYRMA #NSE - SWING IDEASyrma looks like moving up. For educational purpose only. Not a Buy Recommendation.Longby SUDHEER-REDDYUpdated 2
SYRMASYRMA Buy above 581 SL below 555 Targets: 615/660 + Trendline BO For education onlyLongby TraderKalyanB8
Syrma SGS BreakoutNSE:SYRMA looks very good and has given a clean breakout during a weak phase in the market. Keep stop loss at 490 and go long. Syrma SGS is an EMS company and focuses on Electronics Manufacturing and is also the beneficiary of the up-move in this sector.Longby jatin_agarwal8
SYRMA - Ichimoku Breakout StocksStock Name - Syrma SGS Technology Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 464 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja0
#Syrma #Decending triangle Syrma SGS descending triangle breakout that will likely to take the stock to 324 levelsLongby CA_ChetanbhasinUpdated 111
all-time high breakout at SYRMAOn the #SYRMA daily chart, there is an all-time high breakout. #SyrmaSGS has outperformed the #Nifty, which is also confirmed by the Nifty/SYRMA ratio chart. BSE: 543573 NSE : SYRMA I compared #SYRMA vs. the #Nifty and its peers from November 23, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector. ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing. Longby Usemerr1
SYRMA - Ichimoku Bullish Breakout Stock Name - Syrma SGS Technology Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 325 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja0