Steel City - About to ExplodeSteel City Securities is about to explode. Backed by good results and continuous stake hike by promoters, this small cap is about to start its next up-move leg.
STEELCITY trade ideas
Buy Steel City SecuritiesLast week Steel city sucessfully break out forming triangle.Buy Above 100 with terget 125.Stop loss 95.
STEELCITY- SG Simple Volume MomentumSTEELCITY- SG Simple Volume Momentum
1) VOlume Spurt
2) 45 min more than 1 Day
3) Lets see
Multiyear Resistance breakout + retest done in Steel City✅ Resistance breakout + retest done
✅Taking support from lower levels
✅50 EMA is also supporting
✅Rise in volume+ RSI shows strength
✅Strong closing
This Can Move 12-15% In No Time-Broke resistance and retest done
-taking support from lower levels
-50 EMA is also supporting from lower levels
-rise in volume + RSI shows strength
STEELCITY: Breakout AlertSTEELCITY - CMP ₹74, Triangle breakout above 78. Consider adding on dips near breakout level. Caution: Avoid heavy quantities. Targets at ₹85, ₹90, ₹98++. Technical opportunity; for educational purposes only, not a buy/sell recommendation. Monitor for potential upward trends.
STEELCITY - 475+ days Consolidation I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Steel City Securities BuyTook very small pilot position..
Will wait for price to sustain above resistance to add further position.
STEELCITY - Rounding bottom formation at retracement levelsRounding bottom formation on STEELCITY daily and weekly charts, forming a cup and handle pattern.
Keep track on volumes brekout for trade confirmation.
Long build upEven in such weak market the stock did not fall which indicate strength
Wave 2 is about to get over
Wave 3 is waiting for us to ride
Follow stop loss and enjoy
STEEL City Security Breakout Swing TradeNSE:STEELCITY Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
STEEL CITY SECURITIES PRICE HAS BROKEN ITS ALLTIME HIGH..ITS IPO PRICE WAS ITS ALLTIME RESISTANCE..INTERESTINGLY STOCK BREACHED THAT LEVEL WITH GAPUP ...NOW WE CAN EXPECT THAT THIS GAP WILL ACT AS SUPPORT FOR FURTHUR JOURNEY..FOR LEARNERS.GODD TO OBSERVE THIS PRICE MECHANISM..
Steel City Securities All broking companies are faring well but lesser known Steel City Securities, listed on the NSE, is available around PE of 10x only. The promoters have raised their stake by 6% and the company has declared 25% dividend. An attractive buy that have a multi-bagger potential.
STEEL City Securities : Break-Out
1. After long down-trend : consolidation can be seen, which means trend is sideways...Once this range is broken, it lead to bigger up-move.
2. RSI & MACD confirms the BO every time.
3. Key aspects of consolidation : longer the consolidation, the bigger is movement on BO.
Ascending Triangle Pattern..
1. Flat top : bulls tried many time to break the RESISTANCE but couldn't.
2.Rising Support-Line : makes the pattern bullish.
Current psychology to trade : Either "wait for little pullback or consolidation for fresh entry" OR buy at cmp and accumulate in dips(in Tranches).
For 15%-20% up-move in short-term.
Hey Everyone, above analysis is completely in my own words. If u like it please leave comment OR tell me if you want me to share bookish language in my analysis.
Steel City Securities: Short term to mid term view BullishInverted head and shoulder pattern. Indicators are showing positive signals. Use every dips for the target. When looking fundamental, It can go more than that the above target level.
Vijayaraghavan.K,
Kovilpatti,Tuticorin dist.
STELLCITY-AnalysisStrong Support line around 34.
Wait till 35 to enter.( 15-20 days)
First Target - 44.( 1-3 Months after entry)
SL - 32.
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Analysis is for discussion purpose. Invest at your own risk.
