Change of Polarity in Action – Can SwelectES Power Up Again?🔎 #OnRadar
#SwelectES (Swelect Energy Systems Ltd.)
Change of Polarity in Action – Can SwelectES Power Up Again?
CMP: 88.10
📊 Technical Outlook (Monthly Chart):
The stock had earlier faced strong resistance in the 439–468 zone, getting rejected multiple times (2015, 2017, 2022). Eventually, it broke out of this range in 2013, leading to a sharp +200% rally .
Currently, the stock is retesting this breakout zone — a classic example of the #LawOfPolarity , where old resistance turns into strong support. Holding above this zone may set the stage for a long-term move towards 1,490.
📌 Disclaimer: This is a technical observation shared purely for educational purposes. It is not a buy/sell recommendation. Please consult your investment advisor before making any investment decisions.
#TechnicalAnalysis | #PriceAction | #ChangeOfPolarity | #LongTerm
