Breakout successful in such a confusing marketDaily and weekly volume buildup is significantly good enough.
Retest done on the trend line.
Note: I do my analysis, do your before trade.
Next report date
Report period
Q4 2023
EPS estimate
—
Revenue estimate
16.81 BINR
89.15INR
7.57 BINR
68.24 BINR
24.30 M
About SOLAR INDUSTRIES I
Sector
Industry
CEO
Manish Satyanarayan Nuwal
Website
Headquarters
Nagpur
Employees (FY)
8.22 K
Founded
1995
ISIN
INE343H01029
FIGI
BBG000LHT5D1
Solar Industries India Ltd. manufactures, supplies and exports industrial explosives and initiating systems. Its commercial and civil explosives include bulk explosives, cartridges, detonators, and initiating systems. The company was founded by Satyanarayan Nandlal Nuwal on February 24, 1995 and is headquartered in Nagpur, India.
SOLARINDS | Swing Trade📊 DETAILS
Sector: Commodity Chemicals
Mkt Cap: 71,511 cr
Solar Industries is one of the worlds leading manufactures bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and construction industries.
SIL also ventured into the def
SOLARINDS Long PositionalDate : 17-03-2024
Buy SolarInd @CMP
Target of 9099-10317-11838-13360
SL 6593
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Solar Industries India - Breakout Setup, Move is ON...#SOLARINDS trading above Resistance of 8047
Next Resistance is at 10654
Support is at 6292
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearl
Solar Industries India - Long Setup, Move is ON...#SOLARINDS trading above Resistance of 6292
Next Resistance is at 8047
Support is at 4683
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly def
SOLAR INDUSTRIES - Swing Trade - 5th March #stocksSOLAR INDUSTRIES (1D TF) - Swing Trade Analysis given on 5th March, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SOLARINDS
SOLARINDS BO [DAILY]SOLARINDS is breaking out of a daily base and not only that, but its Relative Strength score has been on an upslope. Data has been as follows:
23rd Feb - 63
1st Mar - 72
7th Mar - 79
Today(At the time of posting) - 86
So strength is there in the BO and RS being above 80 is a positive sign. Keep S
Amazing breakout on Weekly / Daily Timeframe - SOLARINDSCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour 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 bre
SOLARIND SOLARIND
CMP : 7288
Best : 7100-7200
Support : 6820
Symmetrical Triangle Pattern breakout on daily TF.
RSI at 66, which indicates strength.
Volumes picked up substantially.
Trading above 10,21,40 DEMA.
Pls do your own analysis or consult your advisor.
NO BUY / SELL RECO.
Solar Theme - 2024/2028Hi,
This is Solar Index - Created
Looks very promising
SIP in good stocks & reap them after 3-5 yrs
For more info - Plz visit my profile
Don't forget to Boost/Like & Share this idea
Rgds,
Naresh G
SEBI Registered RA
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of SOLARINDS is 8784.70 INR — it has decreased by 0.19% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SOLAR INDUSTRIES I stocks are traded under the ticker SOLARINDS.
SOLAR INDUSTRIES I is going to release the next earnings report on May 10, 2024. Keep track of upcoming events with our Earnings Calendar.
SOLARINDS stock is 1.08% volatile and has beta coefficient of −0.12. Check out the list of the most volatile stocks — is SOLAR INDUSTRIES I there?
SOLARINDS earnings for the last quarter are 22.70 INR per share, whereas the estimation was 21.92 INR resulting in a 3.58% surprise. The estimated earnings for the next quarter are 23.00 INR per share. See more details about SOLAR INDUSTRIES I earnings.
SOLAR INDUSTRIES I revenue for the last quarter amounts to 13.48 B INR despite the estimated figure of 15.63 B INR. In the next quarter revenue is expected to reach 16.74 B INR.
Yes, you can track SOLAR INDUSTRIES I financials in yearly and quarterly reports right on TradingView.
SOLARINDS stock has risen by 3.71% compared to the previous week, the month change is a 5.60% fall, over the last year SOLAR INDUSTRIES I has showed a 133.37% increase.
SOLARINDS net income for the last quarter is 2.03 B INR, while the quarter before that showed 2.00 B INR of net income which accounts for 1.59% change. Track more SOLAR INDUSTRIES I financial stats to get the full picture.
Today SOLAR INDUSTRIES I has the market capitalization of 796.16 B, it has increased by 0.71% over the last week.
Yes, SOLARINDS dividends are paid annually. The last dividend per share was 8.00 INR. As of today, Dividend Yield (TTM)% is 0.09%. Tracking SOLAR INDUSTRIES I dividends might help you take more informed decisions.
SOLAR INDUSTRIES I dividend yield was 0.22% in 2022, and payout ratio reached 9.56%. The year before the numbers were 0.27% and 15.38% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SOLARINDS 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 SOLAR INDUSTRIES I stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 26, 2024, the company has 8.22 K employees. See our rating of the largest employees — is SOLAR INDUSTRIES I 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 SOLAR INDUSTRIES I technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SOLAR INDUSTRIES I stock shows the strong buy signal. See more of SOLAR INDUSTRIES I 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.
We've gathered analysts' opinions on SOLAR INDUSTRIES I future price: according to them, SOLARINDS price has a max estimate of 10950.00 INR and a min estimate of 6180.00 INR. Read a more detailed SOLAR INDUSTRIES I forecast: see what analysts think of SOLAR INDUSTRIES I and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SOLAR INDUSTRIES I EBITDA is 13.73 B INR, and current EBITDA margin is 20.02%. See more stats in SOLAR INDUSTRIES I financial statements.