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ajaykalashi
Aug 11, 2023 12:09 AM

WEBELSOLAR --- marching towards 170 in coming months Long

WEBSOL ENERGY SYSTNSE

Description

NSE:WEBELSOLAR
double trendline breakout on weekly chart
first at 97 and now at 110
30% to 40% gains can be targeted
cmp is 112.8

note: fundamentals are weak. so one conveniently ignore this
so let's observe how this one performs purely on technical base

This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.

Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.

i always take position in stocks where both technical and fundamental analysis are in sync with the study
it is less risky and chances of making hugh gains are more
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