SURYAROSNI Bullish; above 580 on Thursday 19 Oct. SURYAROSNI Bullish; above 581 on Thursday 19 Oct.
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose.
SWING Trading Strategy:
One may enter into a position only upon stock closing above the entry price on
0.90%
35.45INR
3.355BINR
79.746BINR
33.953M
About SURYA ROSHNI
Sector
Industry
Headquarters
New Delhi
Website
Employees (FY)
8.076K
Founded
1973
ISIN
INE335A01020
Surya Roshni Ltd. engages in the manufacture and marketing of lighting and steel tube products. It operates through the following segments: Steel Pipe & Strips; and Lighting & Consumer Durables. The Steel Pipe & Strips segment offers steel pipes and cold rolled strips. The Lighting & Consumer Durables segment provides lamps, fittings, fans, electric appliances, and allied items. The company was founded on October 17, 1973 and is headquartered in New Delhi, India.
SURYA ROSHNI for 60% (approx..) GainSURYAROSHNI is showing cup and handle Breakout on weekly chart. fundamental is also good. check on ( www.screener.in ) Volume is also good.
CMP : 975
TG : 1400
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical
Surya Roshni - Rounding bottom pattern Surya Roshni has formed a good rounding bottom pattern which was a result of good consolidation and correction from Oct 2021 to May 2023. It is now almost at its previous all time high level of 867. Its a very bullish formation and the target price can be 1150 within the next 3-6 months time. The ne
SURYAROSNI - Weekly Chart AnalysisAfter a log base of almost 2 years it went under consolidation of 16weeks with 22% range near the ATH zone (745-867).
A previous failed attempt is taken out this week with decent volumes. Now it shall sustain above 855 levels.
Upper side 1125 - 1345 - 1625 levels are the possible targets as p
Surya Roshni hits record high, surges 9%Surya Roshni hits record high, surges 9% on healthy business outlook
The steel tubes and pipes manufacturer aims to maintain a positive export momentum of value-added products, particularly API pipes, to various regions, despite facing geopolitical challenges.
hares of Surya Roshni hit a record hig
SURYAROSNI SURYAROSNI
Buy above 833
SL below 720
Targets: 851/931/995/1058/1147/1264/1600
Failed Breakout after Long multi-month Cup&Handle pattern.
Trading in a 3-4 month accumulation range.
Taken support at 100 EMA twice
Expecting a breakout from the accumulation structure.
**For Educational purpose o
Triangle pattern breakout Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
See all ideas
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