Suzlon-Green days ahead in this green energy stock?Suzlon had given a multi year breakout of 30-35 zone and is currently consolidating in a flag.
Above 55, flag breakout will be confirmed and we can see a multibagger move in this stock.
55 is an important level as we have trendline as well as horizontal resistance.
A risky stock but reversing fundamentals are responsible for breakout
Greenenergy
Suzlon is ready to DOUBLE from here !Suzlon has created a double positive chart pattern
1. Flag Pattern - Breakout Done
2. Rounding Bottom - At Breakout area.
Flag pattern has a pole of 40 points which make the target of 94 - It has already broken out from the Flag pattern.
Rounding Bottom its almost there breakout is above 56. Once this is crossed it will start its journey towards 104 level.
Long term View!!
ADANIENERGYSOLUTION STOCKADANIENERGYSOLUTION stock is forming a bullish symmetrical triangle pattern in daily time frame and its previous volume also good for a up move. All the given targets are in chart and SL also.
Note : All the given ideas are educational purpose only do invest wisely.
@Nifty_50_ #adaniensol #energy #greenenergy #nifty #banknifty #stockmarket #nifty50
SOLEX - An analysisSolex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products.
Financials:
TTM EPS: --
TTM PE: --
P/B: 14.78
Face Value: 10
Mkt Cap (Rs. Cr.): 555
Sector PE: 72.46
Book Value Per Share: 47.03
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Strong Annual EPS Growth
New 52 Week High
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Stock gained more than 20% in one month
Negatives:
Declining Net Cash Flow: Companies not able to generate net cash
High volume, top losers
My Opinion: Do your research but don't miss this stock. It is one of the stocks to look forward in the renewable energy sector.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
BPCL : Focus on Green Energy Today Bharat Petroleum has reclaimed the 50-day moving average .
The stock closed 6% up on a 498.7% greater volume than the 50-day average.
Rising stocks often rebound from their 50-day lines as big investors
You may want to keep an eye on the stock for further supporting actions.
Disclaimer -
All information on this page is for
educationaland learning purpose only.
I am not SEBI registered financial advisor.
SWSSOLAR is nearing triangle breakoutNSE:SWSOLAR is in triangle consolidation
Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on bounce of the triangle's support line
Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line
Target : T1 400, T2 500 on strong breakout, giving around 30% or 60% returns from current price of 302.85.
Reducing revenue, income, asset, etc. for past 3 years is a concern. So this is not recommended for long term holding, but may be suitable for breakout gains.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
INVEST IN GRREN TECHNOLOGY FUNDAMENTAL ANALYSIS-
company's working sector -
company's working model is based on green environment promoting technology. ethanol blending, biofuel, bioenergy , praj HI-purity systems , water and waste water treatment ,brewery plants and equipment's and R&D in industrial biotechnology sector. As we know global warming is serious issue world wide right now, government has taken initiatives to reduce global warming but as industrialization growth going in India this green environment concept is going to be in limelight in upcoming years. praj industries is going to be leader in this sector as they had taken lead ,diversifying their projects in every green environment aspects and constantly improving and developing in this field.
financial status-
1.intact revenue and profit
2. constant growth in EBITDA , PBT
3. company has good amount of free ash flow.
4. dividend paying company.
5. 1 year return- 218.75%
technical analysis-
bullish pole and pattern, current status - chart is in flag mode
buying levels -
1st level - around 310 created double bottom and again approaching their
2nd level - around 280 50% Fibonacci retracement level
3rd level - around 260 most important buying zone buying at 260 level is worth of buying praj industries
this stock has potential to grow in upcoming year as company's working model is futuristic.
all the fundamentals are referred by using tickertape software.
this study is for education purpose only.