Scan Steels Ltd
Diupdate

Scan Steels Limited - Looks Good!

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The Co. Scan Steels Limited manufactures TMT Rod (under the brand name of SHRISHTII TMT), Sponge Iron, MS Billets/ Ingots, and generates power for captive consumption.

Technicals
  • Pattern: Symmetrical Continuation Triangle (Bullish)
  • Duration - 1-2 months
  • The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
  • RSI indicating price strength


Fundamentals which looks good as well
  • Company with Low Debt
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge
  • Company with decreasing Promoter pledge


PLEASE NOTE THAT:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade




Trading ditutup: target tercapai
Educational Target Closed!

Pernyataan Penyangkalan

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