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mukeshsingh92
Mar 2, 2021 6:44 PM

Schneider Electric is ready to give electric shock Long

SCHNEIDER ELECTRNSE

Description

chart is self explanatory, a long term downward slopping channel breakout is confirmed about 95, and stock is maintaining those higly strongl with good volumes. with is W pattern almost on the verge of the breakout Target can 35-50% from here.
Just buy and wait patiently..
Disclosure :- I own this @ 102 rs.

Trade active

No Need to panic. Stay invested. 102 has shown support today and in Weekly chart this is still having momentum.

Trade active

Excellent returns......no one believed on this stock.
but i have worked on project where industrial automation is done via Schneider...
hold for another 30-40% upside

Trade active

excellent returns -- got 4 times... and still this is a hold for a target of 490-500..
book profit at those lvl
Comments
UnknownUnicorn12862561
I BOUGHT IT AT 114 ON CLOSING BASIS ABOVE PREVIOUS SUPPLY. DOES IT STILL HAVE POTENTIAL UPSIDE?
mukeshsingh92
@srivxtsa, yes. hold patiently, 104 is the immediate support.. on closing basis, if 104 is violated on day's close then exit the next day... but for now... it is going to make 145... so hold and wait
UnknownUnicorn12862561
@mukeshsingh92, I am holding it as a long-term trade. but if 104 is violated should I exit the trade which is a swing to investment trade?
mukeshsingh92
@srivxtsa, if view is long term then u can wait.. no need to exit
UnknownUnicorn12862561
@mukeshsingh92, ok thanks
mukeshsingh92
excellent returns so far. Still holding...
UnknownUnicorn12862561
hi the trade seems to be going against my trend.does it still have potential upside?
mukeshsingh92
@srivxtsa, Hold it. No need to panic.
mukeshsingh92
@srivxtsa, I hope you haven't sold and still holding.. Today this has shown some strength .
UnknownUnicorn12862561
@mukeshsingh92, yes still holding.
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