Long in SHYAM Metallics1.Good DNA (12-18%) 2. Uptrend, Formed U shape after huge move 3. Good green bars with volumes 4. Good contraction with low volume 5. Best chart pattern compared to peersLongby TechnicalStormerPublished 111
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_*🤓Longby IdeasNeosagiPublished 2
SHYAMMETL | BASE NEAR ATH | SWINGMaking a base near ATH High Momentum Might give out a breakout in upcoming daysLongby devgupta200204Published 1
Darvas Box Breakout 13.08.2024Darvas Breakout - As per Darvas Breakout theory stock has given break out keep under watch list I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.by AnsariTVPublished 0
SHYAMMETL NSE:SHYAMMETL Formaing C & H pattern good upside is possible if sustain above 720 Target will 790 & 900 in short term. RSI>60 volume is increasing in last 3days swing trade Longby parimalkr2000Published 111
Shyam metal looking for tgt of 686Shyam metal good looking from here and can up to tgt of 686Longby aliashifPublished 4
SHYAMMAT📢breakout stock📢 🫸 Wait for the Retest 🫷 These 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❗ Longby RahulAyarPublished 113
SHYAMMETLStock has given a range breakout with good volumes. Wait for a pullback for entry Note- Trade as per your analysisLongby Kailash_Jain_Published 1
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.Longby UnknownUnicorn24085472Published 223
#Shyam Metalicstrading above life time high weekly inside candles showing a pause. above this will blast look volume spread Roaring Lion enter above previous week high and Keep The Sl below this week Longby AvinashRathore88Published 222
Shyam Mettalics-Nice BreakoutShyam Mettalics-Nice Breakout Capital to be deployed- 20k Investing Price -375-377 Breakout Price -375 Stoploss -344 Targets - 442-527 #shyammettalics #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTradeLongby Microcap_InvestorPublished 2
Shyam MetallicsAgain from Metal sector, Looks good above 340 levels as marked in the chart. Indicators show strength in all the time framesLongby happyvegan10Published 0
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 holdLongby AdityaNavarkarPublished 3319
#ShyamMetalicsShyam Metalics cmp 300 Buy above 317 SL 280 clbs target 330/350/380 Swing trading Fundamentally good companyLongby wowoptiontradePublished 224
Breakout expectation in SHYAM METALBreakout expectation in SHYAM METAL Supposed to break resistance above 329 330 if sustain then expecting upside movement towards 340/350Longby vichithraPublished 5
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 . Longby TechieindusTraderPublished 3
Gives Trend line breakeoutShyam Metalic Gives trend line breakeout yesterday on daily time frame. you can go for short term opportunity.Longby Sarvesh96Updated 2
Shyam Metalics and Energy | ChaiwithanoopOverview We are a leading integrated metal producing company based in India with a focus on Long Steel Products and Ferro Alloys. We have a consistent track record of delivering operating profitability, and since the commencement of our operations in Fiscal 2005, we have delivered a positive EBITDA in each of the Fiscals. As of March 31, 2020, we were one of the leading players in terms of pellet capacity and the fourth largest player in the Sponge Iron industry in terms of sponge iron industry capacity in India (Source: CRISIL Report). We operate three manufacturing plants, one in Odisha and two in West Bengal. The aggregate installed metal capacity of our manufacturing plants is 5.71 MTPA as of December 31, 2020(comprising intermediate and final products). Our manufacturing plants also include captive power plants with an aggregated installed capacity of 227 MW as of December 31, 2020 Our Sambalpur manufacturing plant caters to customers in Southern and western regions of India whereas our Jamuria and Mangalpur manufacturing plants caters to customers in Northern and Eastern regions of India. We operate two “Ore to metal” integrated (forward and backward) steel manufacturing plants, one in Sambalpur, Odisha and one in Jamuria, West Bengal which comprise of captive railway sidings, captive power plants, iron pellet, sponge iron, billet, TMT, wire rod and structural mills and Ferro alloy plants. We also operate a manufacturing plant in Mangalpur, West Bengal which comprises sponge iron and Ferro alloy plants and a captive power plant. Our integrated manufacturing plants are fungible by design, which insulates us from price volatility and provides us with the ability to quickly adapt to changing market conditions and shift our production and product offerings to meet the continuously changing market climate and optimize our operating margins. Our manufacturing plants primarily produce long steel products such as iron pellets, sponge iron, steel billets, TMT and structural products, and Ferro alloys with a specific focus on high margin products such as customized billets and specialized Ferro alloys for special steel applications. Our TMT and structural products are sold under the brand “SEL”. We also undertake conversion of hot rolled coils to pipes, chrome ore to ferro chrome and manganese ore to silico manganese for an Indian steel conglomerate. We are in the process of further diversifying our product portfolio by entering into the segments of pig iron, ductile iron pipes and aluminium foil . We are in the process of adding fresh capacities to our manufacturing plants and captive power plants and diversifying into related segments. Post completion of these capacity expansions the aggregate installed metal capacity of our manufacturing plants and our captive power plants shall increase from 5.71 MTPA as of December 31, 2020 to 11.60 MTPA (comprising of intermediate and final products) and 227 MW to 357 MW respectively. Our product offerings cater to a mix of customers which consist of institutional customers and end consumers through our distribution network.Longby ChaiwithAnoopPublished 1
SHYAM METALICSBuy from 300/340 range for good return Every impulse have correction logicLongby STOCKWEALTHPublished 0
Shyam will fly Probable trend for Shyam Metallics, good RR with current market scenarioLongby wip_tradersUpdated 2
Inverted Cup and Handle patternInverted Cup and Handle pattern.... weak below 360Shortby shailesh_npnPublished 1