Trendline Breakout - Swing TradeDisclaimer: 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.
Trend line Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Exit With in 5 Days
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
SMLT trade ideas
Sarthak Metals LtdSarthak Metals Ltd (earlier known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the DB group. The co. is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide application in various steel-making processes like Steel plants, Fabrication units and foundries
SARTHAK METALS - Double bottom breakoutSMLT CMP - 172.65 | New 52 week high | High volume gain | Positive technical indicators
- FII / FPI or Institutions increasing their shareholding
- Stock gained more than 20% in one month
- Strong Momentum: Price above short, medium and long term moving averages
*Not recommendations
Idea :)
sarthakSarthak Metals forms the part of Desh Raj Bansal Group, Bhilai and commenced its operations in the year 1997 to manufacture industrial oxygen. Later in the year 2002, the Company diversified its product base by manufacturing cored wires and aluminum flipping coils. They also diversified their business by venturing into manufacturing of wire feeder machines since 2012. They are ISO 9001: 2008 certified Company in compliance with quality management system. Over the years they have developed a wide range of products to cater to the needs and specific requirements of a large number of industries which seek products of assured quality and safety standards. They accomplish through consistent high quality products and dependable services, and have achieved referred supplier status in several steel companies ensuring a long-term relationship with their key customers.