SHYAM METALICS – Breakout Zone Alert Price is approaching a key resistance zone (~₹950) after breaking out of a descending channel with strong volume and RSI confirmation.
This setup indicates potential bullish continuation.
📌 Trade Plan:
Buy above ₹955
Stoploss: ₹915
Target 1: ₹1,010
Target 2: ₹1,065
Sell below: ₹915 (only if price rejects resistance with volume)
Reasoning:
Price broke long-term downtrend
Strong volume and RSI > 60
Clean resistance breakout in sight
For Education Purposes Only
Shyammetalics
A SHARE RELATED TECHNO AND FUNDA ANALYSISLooking of the recent price action and chart analysis this share looks like we making good profit
we will get around 50% profit
I'M buying shares worth Rs.100000 one can buy it with stop loss of 280 on daily basis
This company expand itself rapidly this also become multibagger
Currently i'm taking 6-12 month hold