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SHYAM METALICS AND ENGY LSHYAM METALICS AND ENGY LSHYAM METALICS AND ENGY L

SHYAM METALICS AND ENGY L

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SHYAMMETL trade ideas

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
NSE:SHYAMMETLLong
by rmhetre15
SHYAM METALICS AND ENGY LTD Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:SHYAMMETL
by zenthosh
Shyam Metalics & Energy Ltd.*Shyam Metalics & Energy Ltd* P&F Formation on Yearly Basis. Strong Price BreakOut & Sustained. Continue Vol. Traction. RSI: All in Bullish Zone across TFs. EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Monthly Basis. *Trail SL with Upside* *Book Profit as per Risk Appetite* Sound financials with growing Top/bottom lines on Qrtly / Yrly basis. Stable Profitability margins. Low leverage, substantial TNW. Continued stable Promoter stake. *Do your own research as well. This is an Opinion.* *_Happy Investing_*🤓
NSE:SHYAMMETLLong
by IdeasNeosagi
Metal is ready for boomBreakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.
NSE:SHYAMMETLLong
by UnknownUnicorn24085472
2
SHYAM Metallics1.Integrated Business 2. Near to coal and ore mines 3 year CAGR growth ---------------------------------- Revenue 18.2% NetProfit 25.7% OperatingProfit 25.7% ---------------------------------- 4.23.86% away from 52 week high Mutual Funds have increased holdings from 1.61% to 2.34% in Sep 2021 qtr. Strenths XX Rising Net Cash Flow and Cash from Operating activity XX Strong Annual EPS Growth XX Growth in Quarterly Net Profit with increasing Profit Margin (YoY) XX Company with Low Debt XX Increasing Revenue every Quarter for the past 4 Quarters XX Company able to generate Net Cash - Improving Net Cash Flow for last 2 years XX Book Value per share Improving for last 2 years XX Company with Zero Promoter Pledge 5. Market Cap - High in industry 6. 1 Day: Delivery volume increased by 83.93% over 5 day average ROCE increasing FY : 32 Target price : 890 by FY 24 , Considering Cash Flow Statements . Like if You agree with the analysis .
NSE:SHYAMMETLLong
by TechieindusTrader