ACME Solar Holdings Ltd.
Long

ACME Solar - Cup & Handle Patter + IPO Strategy

124
ACME Solar is heading for a 75% jump from current price. Following are the factors:

Technical Analysis:

1. IPO Strategy - The price has crossed the high of its price post listing
2. Volumes during the fall was low and now it has started picking
3. Complex Cup & Handle pattern breakout

Fundamental Analysis:

1. First Independent Power Producing Company in India
2. Super Strategic locations in India
3. Increasing profits year on year
4. Recent 3k cr loan by SBI for its project

Keep following Cleaneasycharts for more such stocks as we provide "Right Stocks at Right Time at Right Price"

Cheers!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.