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tradewithamey_
Apr 8, 2024 2:45 PM

Solara-A risky reversal trade for multibagger returns! Long

SOLARA ACTIVE PHARNSE

Description

Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years.
If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC.
Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.

Trade active

That is why, entering before breakout can be risky but rewarding! 16% up in a day.
Stock has given very strong weekly closing
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