Trade Plan 22Incorporated in 1980, Satia Industries Ltd is in the business of Writing and Printing Paper, Agriculture, and Cogeneration of Power
SATIA trade ideas
Satia consolidation phase is doneIn coming days, we can expect satia towards 133/139
keep stop loss as 114 on day close basis
Satia industries Break outSatia at 137 looking real solid on charts on weekly as well as monthly that is great thing to see.
for long term bet it is becoming terrific
making ascending triangle, break out shall be seen above 145-50 levels.
on weekly it has got support of 200 WMA, which we can take as StopLoss.
as promoters are buying continuously the volumes are spiking.
can take help of fibo or pivot for the next possible targets.
Disclaimer - idea is for knowledge pupose not a recommendation. take advisors help before investing
Satia Industries Ltd.*Satia Industries Ltd*
Rising C&H; Formation on Yearly Basis.
Strong Vol Consolidation, Continued BuiltUp.
RSI: 1H W >M
Out of 42% Upside, now 23% Needed to BreakOut. To be Watched. One done & Sustained, then good to go!!!
*Trail SL with Upside*
*Book Profit as per Risk Appetite"
*_Do Your Own Research as well. This is an Opinion _*
Happy Investing 😇
good fundamental Add on every dipsBuy @ 112 sl 100 targets 125/140/ATH good fundamental don't miss these stock
Satia Industries Ltd, Kindly do your own studyThis stock is ready for big move.
Monthly- Bullish price action and MACD uptick
Weekly- Price is above 50 EMA and Upper bollinger band challenged.
MACD PCO and RSI is above 60
EMAS PCO and volume is good.
Just buy on dips..
Satia Industries Looks good for a swing trade between the channels
Has delivered good results and bounced back from the support with huge volumes yesterday
Satia Industries The stock appears to be fundamentally robust, with the promoter increasing their holding, and the EPS showing a consistent growth trend. Additionally, from a technical standpoint, it looks promising, especially if it remains above the 118.3 mark.
a fundamentally good stock at cheap valuationsSatia Industries is one of biggest Wood and Agro based paper plants in India. It manufactures Paper using wood chips, veneer waste, wheat straw, sarkanda etc. The company has manifested itself as quality producer of writing/printing paper.
Satia Paper Mills was set up by Ajay Satia for manufacturing printing & writing paper at VPO: Rupana, Malout Muktsar Road, Distt: Muktsar. This was totally integrated paper mill manufacturing quality writing and printing paper from virgin pulp. The company commenced commercial operations in August, 1984 the name was subsequently changed to Satia Industries. Over the years number of modernization-cum-expansion schemes were undertaken.
The company has set up Chemical Recovery Plant. This has enabled to economizing on consumption of chemicals and simultaneously achieving the prescribed standards of effluent discharge. In addition, company has power co-generation plant. The company is also carrying the trading in cotton and yarn. With a view to improve the quality of pulp and also to save on cooking chemicals, a Continuous Digester has been installed.
The company is operating with a wide product mix with well accepted quality in the market based on non-conventional raw materials.
Business area of the company:
The company is engaged in the paper manufacturing industry.
Product:
The product profile includes Super Snow White, Snow White, Map litho, Colored paper, Ledger paper, Cartridge paper, Duplicating, bond paper with and without watermarks and Chromo (Art) paper from GSM range 42 to 200 GSM. These products are extensively used in the printing of books, directories, envelops, diaries, calendars, computer stationery, copy manufacture annual reports and high class printing segment for domestic as well as export sales.
