Rocky_Chow

An Energy Booster for my Portfolio

Long
Rocky_Chow Updated   
NSE:SARDAEN   SARDA ENERGY & MIN
1st Target 1700..parallel channel breakout
2nd Target 1813...triangle breakout (vcp maybe as well?)
Stop Loss 1360 ... price closing below previous high
Triggers:
1. Share split from 10FV to 1FV leading to better liquidity of company shares.
2. Full impact of commissioning of Hydropower project Sikkim from Q1.
3. Successful Bidder of SKS Thermal Power Chattisgarh having 1200MW capacity of which 600MW installed capacity in running condition and CapEX required for balance 600MW.
Comment:
all time highs and bull market...potent combination
Comment:
Stop loss updated to 1565 on CB and 50 percent profit will be booked near 1700..
Trade closed: target reached:
Happy with the gains..booked out fully

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.