Unlocking Potential: Sarda Energy's Path to Progress!Sarda Energy could advance if it revisits the 4-hour bulls order block and retracement level. Should it rebound from the 4-hour bulls order block, we may view it as a chance to consider buying.
15.60INR
6.02 BINR
42.12 BINR
100.49 M
About SARDA ENERGY & MIN
Sector
Industry
Headquarters
Raipur
Website
Employees (FY)
3.5 K
Founded
1973
ISIN
INE385C01021
FIGI
BBG000CYBF41
Sarda Energy & Minerals Ltd. is a holding company, which engages in the manufacture of sponge iron, ferro alloys, billet, wire-rod, and iron ore pellet. It operates through the following segments: Steel, Ferro, and Power. The company was founded on June 23, 1973 and is headquartered in Raipur, India.
Sarda Energy and Minerals, potential to go from mid to large capA growth oriented company having coal & iron ore mines and ferro alloys mfg. plant focused on value added products like sponge iron, steel billets, wire rod and h.b. wire and thermal & hydro power generation plants..
Increasing its mining capacities in both coal and iron ore
Increasing its wire rod
SARDAEN showing strength on Chart after breakout of 1200 level ## Trade Details
- Name of The Stock : **Sarda Energy & Minerals Ltd.**
- Type of Trade : Momentum Investment or Positional Trade
- Duration : More than 60 days
- Entry Level : Between 1600.00 to 1700.00
- Stop Loss : Initial 1425.00 (Trail accordingly)
- Target : above 2500.00
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## Chart Detai
An Energy Booster for my Portfolio1st Target 1700..parallel channel breakout
2nd Target 1813...triangle breakout (vcp maybe as well?)
Stop Loss 1360 ... price closing below previous high
Triggers:
1. Share split from 10FV to 1FV leading to better liquidity of company shares.
2. Full impact of commissioning of Hydropower project Sik
SARDA ENERGY
Prices have decisively moved past its prior all time high of 1360.
This means stock is likely to continue its up-trend and test at least the 161.8% FR level resistance at 1760.
Monthly RSI is yet to touch the oversold zone, which means there is scope for more rally.
Bullish view remains intac
SARDAEN : Retest LevelsNSE:SARDAEN has retested its breakout level and is now ready for further upside.
SAEDAENG: Breakout TradeNSE:SARDAEN has given a breakout of Symmetrical Triangle. Long trades can only be taken after closing of candle above the downward sloping upper bound. 75% of times there is a chance of retest after the breakout. The strict stop loss should be followed.
Sarda Energy and Minerals long ideaSarda Energy monthly chart shows us that as long as price is trading above the rising resistance red trendline it may continue to trend up. Twice before evening star candles were formed and prices corrected thereafter... this time price broke above this trendline and closed.. Fibonacci levels points
Channel Breakout in SARDAENDON'T HAVE TIME TO MANAGE YOUR TRADES? |
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the
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Frequently Asked Questions
The current price of SARDAEN is 221.80 INR — it has decreased by 2.80% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SARDA ENERGY & MIN stocks are traded under the ticker SARDAEN.
SARDA ENERGY & MIN is going to release the next earnings report on May 27, 2024. Keep track of upcoming events with our Earnings Calendar.
SARDAEN stock is 4.92% volatile and has beta coefficient of 1.07. Check out the list of the most volatile stocks — is SARDA ENERGY & MIN there?
Yes, you can track SARDA ENERGY & MIN financials in yearly and quarterly reports right on TradingView.
SARDAEN stock has risen by 2.35% compared to the previous week, the month change is a 10.98% rise, over the last year SARDA ENERGY & MIN has showed a 94.78% increase.
SARDAEN net income for the last quarter is 1.17 B INR, while the quarter before that showed 1.41 B INR of net income which accounts for −16.69% change. Track more SARDA ENERGY & MIN financial stats to get the full picture.
Today SARDA ENERGY & MIN has the market capitalization of 80.43 B, it has increased by 5.32% over the last week.
SARDA ENERGY & MIN dividend yield was 0.70% in 2022, and payout ratio reached 4.41%. The year before the numbers were 0.66% and 3.36% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SARDAEN 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 SARDA ENERGY & MIN stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 3.50 K employees. See our rating of the largest employees — is SARDA ENERGY & MIN 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 SARDA ENERGY & MIN 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 SARDA ENERGY & MIN stock shows the buy signal. See more of SARDA ENERGY & MIN 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. SARDA ENERGY & MIN EBITDA is 8.54 B INR, and current EBITDA margin is 24.97%. See more stats in SARDA ENERGY & MIN financial statements.