Siyaram good volume. Ready for a new ATH?

٤ نوفمبر ٢٠٢٤

Trading in a range from April 22.

✅Good Volume and wide candles seen in
today's chart.
✅Trading close to ATH levels.
✅Trading above 50 DMA.
✅Resited the market fall.

❗️Prolonged and deep pull back after each upmove.
❗️Strentched with respect to 50 DMA. Almost 27%.
❗️Bearish sentiments in the market.

▶️Market Cap---₹ 2,792 Cr.
▶️Current Price---₹ 616
▶️Stock P/E---14.4
▶️ROCE---20.5 %
▶️ROE---16.3 %

Entry levels are marked on the chart. Watch for a breakout of 700 levels. Fresh entry or further addition is possible if ATH is broken with good volume and a good candle.

The chart shared is for educational purposes. This is not a buy-sell recommendation.

٧ نوفمبر ٢٠٢٤

تم فتح الصفقة

Entry triggered.

٣ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

37.8% profit so far.

١٦ ديسمبر ٢٠٢٤

ملاحظة

83% profit. That was an awesome move. Stock is a bit stretched. Do not enter in FOMO. No entry at this level.