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SANDUR MANG & IRON ORES LSANDUR MANG & IRON ORES LSANDUR MANG & IRON ORES L

SANDUR MANG & IRON ORES L

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SANDUMA trade ideas

Medium term opportunity in Sandur Manganese for huge upsideHi, NSE:SANDUMA has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
BSE:SANDUMALong
by raigvivek
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 CUP & HANDLE Breakout in SANDUMA BUY TODAY SELL TOMORROW for 5%
NSE:SANDUMA
by Kapil-Mittal
7
SANDUR MAGANESE LONG TERMSandur Manganese & Iron Ores (SMIORE) is involved in mining of low phosphorous manganese and iron ore in the Hospet-Ballari region of Karnataka. It is the flagship company of the Sandur group which was promoted by the former ruler of the princely state of Sandur. It is the fifth-largest iron ore miner in Karnataka and the largest private miner of manganese ore in India DISCLAIMER: The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events. I am not a registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions. Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions. Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions.
BSE:SANDUMALong
by StockEye_Club
Sandur - Iron Ore tradeWith Iron Ore again trying to regain strength post China opening, expect some action here. The stock broke out even while general markets were weak.. It also did a retest and now could move to the AVWAP of the entire downmove which is around 1030. Can initiate a small position here and double up above the AVWAP which could mean a complete trend reversal. SL for now would be below 920 but if it crosses the AVWAP then keep the SL 2-3% below the AVWAP on a closing basis.. Dont look to trade this if you don't actively track iron ore prices.
BSE:SANDUMA
by rdkriplani
Sandur Manganese, A Good Investment Opportunity#SandurManganese Cmp : 2275 Mcap : 2028 Eps : 467 P/e : 4.87 This can be a good investment opportunity looking at some following financials: After completion of major debt-funded capex, earnings started picking up from march 21 quarter. With fixed assets (near 800 cr) this huge (compared to past) & strong operating margins, the company is set to deliver some amazing earnings in next few quarters to come. If we take an average asset turnover ratio of 2, we get ttm sales of around 2200 cr and an eps of around 662. Furthermore, the company has announced further capex too, so going forward, this is steal price. Management is yet to make announcement but hinted something coming up soon related to this capex plan which would be a mix of debt and equity. Technical: Buying this in the p/e range of 4 to 5 at price range of 2100 to 2300 can be a low risk investment plan, considering one can exit if supply in the market pushes the price below this support zone on closing basis. One can then wait for the entry in the next demand zone which is in the p/e of 3 at price range of 1300 to 1500 or again after it reclaims the previous support zone (2100 to 2300) on closing basis. Buying in this support is at Low risk. Considering the OPM & Growth of the company post capex completion and future capex plans, it should not trade at p/e range of 3-5 but near 8-10 as its peer does (Moil, GMDC, Maithan Alloys). Further we can see in coming quarters.
BSE:SANDUMALong
by usamabintanveer
Sandur Manganese & Iron Ores Ltd.( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week Always Invest or trade according to your loss bearing capacity STOCK FOR EDUCATIONAL PURPOSE ONLY Sandur Manganese & Iron Ores Ltd. @ 2135 with target of 2180 CMP IS 2113.65. STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ 1875. Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis is for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom. M B PANDEY SHARE MARKET ANALYST B.Sc. (MATHS & PHYSICS) Trying to spread happiness and knowledge Disclaimer: I AM NOT SEBI REGISTERED
BSE:SANDUMA
by vinayaka79
Sandur Manganese - Earnings BreakoutCommonly referred to as PEG (Post Earnings Gap marked with the circle) where the earnings have increased by such a high quantum that it surprises the market and opens with a large gapup. Additionally its peers have been getting environmental clearances to increase mining capacities. They are among the few 5 star rated miners in our country so if others have got the approval they too will most likely get the approval. Additionaly even though iron ore prices have cooled off, they are still quite high so high profit numbers should keep coming in. Its trading at a PE of 6.6, another strong quarter and that will fall alot more again. Their utilization levels are 99% so most of what they produce gets picked up. Technical trade. Long close to 1950 with a SL below 1850. (This is subject to our markets reversing from this correction, else we wait to buy it closer to 1910 whereever it actually bounces) Cautionary Note The price of iron ore has been a little weak this quarter compared to last q (based of china reducing steel output) so if ore prices keep cooling off, this stock won't have as much strength.
BSE:SANDUMALong
by rdkriplani
Sandur Manganese 13yr BO Retest + Volume Breakout post results- Sandur had EPS of Rs.160+ for FY 2020-21. At that time iron ore price was 2400-2700. The EPS of June quarter itself is 165. - Capacity expansion permission likely to be received before Dec 2021 as per concall, which will double the capacity. - If iron ore prices sustain at current levels of 7000, EPS will be 1500/= against current share price of 2130. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
BSE:SANDUMALong
by raavigeorgian