NSE:SURYAROSNI
Rsi 27 in oversold zone
Pivot S2 443
good buy if close above 504 on 1 Hr timeframe
chart is showing reversal
Target 567/602/658
sl- below 450 on closing basis
Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. The company operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments.
It offers ERW pipes for agriculture industry and construction activities, such as scaffolding and casing in bore wells; spiral...
Surya Roshini - one of the largest Steel Pipes and Lighting companies in India shined bright on Friday (Dec 29) when it got locked in 20% UC
This 20% was backed with 2 important milestones:
1) Cup & Handle BO supported with Volume @ Monthly TF
2) Multi-Year Parallel Channel BO as well
3) Target for C&H BO is 965
Break-out Traders - What to watch for, Can we...
Moving in a parallel channel and completed its retracement from the levels of 480 for new high of the high of 620-630 levels.🎉🎉
Wait till Diwali to lighten up of ur life.🤩🤩
Stock have strength and good fundamentals
Qtr sales up by 2%
Qtr net profit up 168%
Qtr EPS up by 167 %
Entry level----816
stop loss ------728
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...
Please 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
Let's take a closer look at curve lines to identify a potential bullish breakout.
In the chart, we can see that the price has been trading within a narrow range over the past year. By drawing a curve line connecting the close/open prices over the past year, we can visually represent the range within which the price has traded. As seen in the chart, the curve...
In this video i have explained how to buy the dip in fundamentally good stocks by taking the example of Suryrosini a stock which belongs to pipe segment
SURYAROSNI Stock Analysis: Bullish Outlook with Potential Upside Targets
Hello Traders,
Today, we have an exciting stock to discuss: SURYAROSNI. In this analysis, we will explore the current market conditions and potential trading opportunities for SURYAROSNI (ticker symbol: SURYAROSNI).
Key Information:
Ticker Symbol: SURYAROSNI
Entry Price: Above 586
Stop...
Could see it took support on trend line looking towards resistance break around 854-860 .
If it breakout then it can rally till 1050.
Note: this is only for learning purpose and not for any recommendations.
Suryaroshni Stock on weekly TF we can see the Cup Pattern Breakout formation made last week . The CUP was made from Oct. 2021 and breakout see on last week. Volume, Momentum and Volatility support well to stock for going upside.
Entry : CMP
SL : 680
Upside move : 747,814 levels.
