Breakout of very tight range on weekly and daily time frame
Stock PE 12 < Industry PE 36.6
Low debt 0.14
Dividend 1.87%
Profit rising
EPS rising
Consistent OPM%
Promoter Holding Consistent at 67.18%
Bought very small position for long term
Not willing to add more
Will try to hold it for decent profit targets
#mstock
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
Introduction:
The stock price of SIYARAM SILK has been in a downtrend for the past few months, but it has recently started to show signs of a reversal. A trend line has been drawn connecting the recent swing lows, and the price is currently testing this line. If the price breaks above the trend line, it could signal the start of a new uptrend.
Analysis:
The...
Siyaram Silk Mills Ltd. is a textile company having twelve manufacturing plants across Tarapur, Daman, Amravati and Silvassa. They are mainly in the business of quality fabric and clothing. They have recently ventured into house furnishing fabrics and yarn. The company have 800+ distributors in more than 30 countries including Abu Dabhi, Canada, Australia and much...
Siyaram Silk Above 200 ema Support…. very Bullish Stock…
Long term Target … 1500 +++….
Very Strong Fundamental Stock….
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Vijay Kedia Has Holding In it… 27 crore…
NSE: SIYSIL is closing with a bullish reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing...
SIYSIL I,H&S breakout retest on 1D chart. Rounding bottom formation on 30min. Buy at cmp-461 for 480,500+ S.L.-438 Good for intraday too. Buy on ur own risk.This is just for educational purpose.
