SFL (SHEELA FOAM IS GOOD FOR SHORT TERM) WATCH ON RADARSFL had a very good pattern in daily time frame. As per my analysis a sharp rally can be noticed in coming days.
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17.65INR
1.82 BINR
29.82 BINR
37.52 M
About SHEELA FOAM LTD
Sector
Industry
CEO
Tushaar Gautam
Website
Headquarters
Noida
Founded
1971
ISIN
INE916U01025
FIGI
BBG00DJ09ZY6
Sheela Foam Ltd. engages in the manufacture and sale of polystyrene foam products. Its products include mattresses, furniture-cushioning material, pillows, cushions, sofa-cum-beds and comfort accessory products under the Sleepwell brand. It also offers technical products and Joyce foam. The company was founded by Sheela Gautama on June 18, 1971 and is headquartered in Noida, India.
SHeela foam at the point of TL and important horizontal supportPositive divergens seens in daily tf
breakout in falling wedge in hourly time frame
horizontal and trendline support match
1:12 risk reward easiy possible if keep
Sheela Foam (SFL)The security has been in the bearish trend since Apr 2022.
We expect the security to have reversal from the green box. This is not a buy sell recommendation. Pls ask you financial advisor for any investment or trade.
Sheela Foam Ltd Trend Analysis (Multibagger Potential)Price is moving inside an ascending broadening wedge pattern possible forming a large WXY corrective pattern.
X wave has not completed yet. It can end somewhere between 800-900 levels.
Fundamentals are improving, margin pressure is still there. Borrowings increased due to big CAPEX.
It is the marke
Strong Candle Breakout !!SFL has crossed the resistance with a strong candle and this move is supported by volume as well. It might move to target 1 and then to target 2 in no time.
Stochastic has changed its direction, and started moving up. It can also be an added confirmation of a positional buying setup/ investment.
S
Sheela....Foam Target 2600 ---3 Years1) Sheela Foam is in consolidation state.
2) Buy in support Zone
3) First Target 2000, Second Target 2600
Reason....
SFL 20% upside by Dec23With recent acquisition of kurlon, sfl has boosted it's product profile.
Mkt share nearly 60% with strong European presence and demand, this mkt leader will yield higher profits on economies of scale with higher volumessnd lowering input cost of TDI. Make it a suggested buy n accumulate till 1045-
SHEELA FOAM LTDShort term trade:
Close this resistance level with good volume. Whereas technical indicator are bullish. More upside expected by resistance is 3005.55 and 3069.20.
Support is on 2819.45 and 2575.75
Sheela Foam Limited - Positional bullish tradeStock made a double bottom pattern and ready to give a breakout above 2900.
Buy above 2900 and accumulate on dips.
Stock has potential to touch 3300, 3500 and 3750.
Keep a stop loss below 2560 in this trade.
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Frequently Asked Questions
The current price of SFL is 946.85 INR — it has decreased by 0.84% in the past 24 hours. Watch SHEELA FOAM LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange SHEELA FOAM LIMITED stocks are traded under the ticker SFL.
SFL stock has risen by 0.94% compared to the previous week, the month change is a 0.32% fall, over the last year SHEELA FOAM LIMITED has showed a 19.27% decrease.
We've gathered analysts' opinions on SHEELA FOAM LIMITED future price: according to them, SFL price has a max estimate of 1150.00 INR and a min estimate of 1020.00 INR. Watch SFL chart and read a more detailed SHEELA FOAM LIMITED stock forecast: see what analysts think of SHEELA FOAM LIMITED and suggest that you do with its stocks.
SFL stock is 3.01% volatile and has beta coefficient of 0.89. Track SHEELA FOAM LIMITED stock price on the chart and check out the list of the most volatile stocks — is SHEELA FOAM LIMITED there?
Today SHEELA FOAM LIMITED has the market capitalization of 103.80 B, it has increased by 1.76% over the last week.
Yes, you can track SHEELA FOAM LIMITED financials in yearly and quarterly reports right on TradingView.
SHEELA FOAM LIMITED is going to release the next earnings report on Aug 12, 2024. Keep track of upcoming events with our Earnings Calendar.
SFL net income for the last quarter is 646.20 M INR, while the quarter before that showed 307.53 M INR of net income which accounts for 110.13% change. Track more SHEELA FOAM LIMITED financial stats to get the full picture.
No, SFL doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHEELA FOAM LIMITED EBITDA is 3.01 B INR, and current EBITDA margin is 10.08%. See more stats in SHEELA FOAM LIMITED financial statements.
Like other stocks, SFL 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 SHEELA FOAM LIMITED 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 SHEELA FOAM LIMITED technincal analysis shows the neutral 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 SHEELA FOAM LIMITED stock shows the sell signal. See more of SHEELA FOAM LIMITED 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.