Shyam Metalics & EnergyLooks Good on Weekly Time Frame (W TF)
For positional trade, Carry on closing Basis.
Chart is self explationary.
Not a call/Tip.
Just for knowledge.
0.70%
41.15INR
8.576BINR
125.953BINR
86.75M
About SHYAM METALICS AND ENGY L
Sector
Industry
Headquarters
Kolkata
Website
Employees (FY)
14.635K
Founded
2002
ISIN
INE810G01011
Shyam Metalics & Energy Ltd. engages in the manufacture and sale of ferro alloys, iron and steel products and power generation. The company was founded on December 10, 2002 and is headquartered in Kolkata, India.
Rounding Bpttom Breakout Followed by Consolidation Breakout#Shyam Metalics
It is one of the largest producers of ferro alloys,
has 8 captive non-fossil fuels power plants with an installed capacity of 227 MW.
MCap 13124 Cr
ROCE 15%
InstHold6%
-Growth YOY
Sales -4%
PAT 335%
-Rounding Bpttom Breakout Followed by Consolidation Breakout
Shyam Metalics and Energy LtdSHYAMMETL trying to Break the ATH, an effective move may happen.
Concentrate for short term if price sustained above 492 | Tgt 513, 537 | Sl 470
#SHYAMMETL (Weekly)⚡️Almost Zero Debt
⚡️FIIs DIIs increased stake
⚡️Breakout & Retest of IPO Base
⚡️3 months rising channel
⚡️Rectangle Pattern
⚡Consolidating after breakout
🔴 SL 435
🟡 CMP 455
🟢 TGT 501/569/683
breakout patternshyam metallic having strong fundamental is about to make a cup and handle pattern but we need to wait for a breakout price above Rs 480 with high volume, if it goes above 480 with high volume then chances are for an uptrend of this stock. keep an eye for it @280
Trade-35/100-SHYAMET-R:R Experiment-BuyBuying SHYAM METL in DAILY positional trade
Good structure making HH-HL.
Flag & Poll Pattern Breakout 📌Flag & Poll Pattern Breakout
✅Keep and eye
SHYAMMETL
+ Continuation pattern BO in Progress
+ Validated with volume
+ Above Key EMAs
shyam metalics and energymothly rsi above 55.
momentum stock.
be simple buy simple.
keep investing.
like and press boost button.
thanks.
Life time High with valume Weakly chart analysis
• life high treading
• keeping 400 Stop loss.
• 580 technical target.
No recommendation for buy and sell
I'm a student just sharing knowledge
ABOUT Shyam Metalics
It's a leading integrated metal producing company based in India with a focus on long steel products and ferro
NSE:SHYAMMETLRounded bottom BO
NSE:SHYAMMETL
Buy above 480
SL below 435
Targets: 505/540/570/620/700
++Educational purpose only++
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