Can Hold For 3 month This Stock is Extremely in Uptrend.
It is Again given break out so Can Take it .
Next report date
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8.08 INR
1.44 B INR
34.14 B INR
39.56 M
About SUNFLAG IRON AND STEEL CO
Sector
Industry
CEO
Pranav Ravi Bhushan Bhardwaj
Website
Headquarters
Nagpur
ISIN
INE947A01014
FIGI
BBG000D0KQ77
Sunflag Iron & Steel Co. Ltd. is a holding company, which engages in the manufacture and trade of iron and steel products. Its products include forging quality steel, forging quality ingots, spring steel, free and semi free cutting steel, micro alloyed steel, bearing steel, cold forging quality steel, engine valve steel, stainless steel rebar, stainless steel, super alloys, and tool steels. The company was founded by Satyadev Bhardwaj on September 12, 1984 and is headquartered in Nagpur, India.
Sunflag iron & steel trading ideaStock breakout its pennant pattern on the weekly chart also showing a gap up opening on the day chart with very good trade volume although i have created a blog on this stock yesterday but forgot to to post here. now you can see the chart level as i draw
if i talk about the technical part so clearl
SUNFLAG TRIANGLE BREAKOUT
After consolidating for nearly a year, Sunflag has recently broken out of a triangle pattern with an average-sized candle. A strong weekly close would be a positive signal to consider entering the trade, with a recommended stop loss set between 10-12% below the entry point.
SUNFLAG IRON & STE SWING TRADE IDEASUNFLAG IRON & STE looking gud for swing trade as per price action very much near to break its weekly resistance zone few days ago broke inverted head and shoulders chart patterns neck line with gud volume and retested that neck line can look for swing as per your prefered RR.
SunflagLooks very good once the candle closes above 208 where it retested the long term trendline after it broke out a couple of months ago
Chart structure looks good in almost all the time frames
SL below 200
SUNFLAGThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
Low risk entryFollow mark level
Breakout 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 ther
Trendline Resistance BreakoutPlease 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
SunflagBuy Above:- 173
Stop loss:- 151
Target :- 195
Time:- 45 Trading days
Sunflag group which has diversifed business interests in steel, synthetic yarn fabrics spanning across the globe
Channel BreakoutPlease 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
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of SUNFLAG is 204.57 INR — it has increased by 0.35% in the past 24 hours. Watch SUNFLAG IRON AND STEEL CO stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SUNFLAG IRON AND STEEL CO stocks are traded under the ticker SUNFLAG.
SUNFLAG stock has risen by 6.17% compared to the previous week, the month change is a −2.53% fall, over the last year SUNFLAG IRON AND STEEL CO has showed a 14.19% increase.
SUNFLAG reached its all-time high on Aug 1, 2024 with the price of 274.95 INR, and its all-time low was 7.00 INR and was reached on Oct 31, 2008. View more price dynamics on SUNFLAG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SUNFLAG stock is 5.91% volatile and has beta coefficient of 1.75. Track SUNFLAG IRON AND STEEL CO stock price on the chart and check out the list of the most volatile stocks — is SUNFLAG IRON AND STEEL CO there?
Today SUNFLAG IRON AND STEEL CO has the market capitalization of 38.22 B, it has increased by 5.87% over the last week.
Yes, you can track SUNFLAG IRON AND STEEL CO financials in yearly and quarterly reports right on TradingView.
SUNFLAG IRON AND STEEL CO is going to release the next earnings report on Feb 14, 2025. Keep track of upcoming events with our Earnings Calendar.
SUNFLAG net income for the last quarter is 278.90 M INR, while the quarter before that showed 429.50 M INR of net income which accounts for −35.06% change. Track more SUNFLAG IRON AND STEEL CO financial stats to get the full picture.
SUNFLAG IRON AND STEEL CO dividend yield was 0.00% in 2023, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 13, 2024, the company has 3.63 K employees. See our rating of the largest employees — is SUNFLAG IRON AND STEEL CO on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SUNFLAG IRON AND STEEL CO EBITDA is 3.74 B INR, and current EBITDA margin is 11.13%. See more stats in SUNFLAG IRON AND STEEL CO financial statements.
Like other stocks, SUNFLAG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SUNFLAG IRON AND STEEL CO stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SUNFLAG IRON AND STEEL CO technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SUNFLAG IRON AND STEEL CO stock shows the buy signal. See more of SUNFLAG IRON AND STEEL CO technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.