#ENPHstrong support level , HORIZONTAL
need to hold for upmove
98 above can go up
100/105/109/114 can test soon
Solar
#FSLRTL support
near breakout retest
trying long will be good 217
222/227/240/260 expected test in next few days
SWELECT ENERGY SYS: READY TO RESUME UP MOVE.NSE:SWELECTES
- Business Segments The company operates in solar energy systems or services, foundry, and other areas.
- Products : Swelect offers solar PV modules, inverters, water pumps, servo stabilizers, and iron and steel.
- Services : They provide energy conservation, audits, site feasibility analysis, EPC contracts, and operation and maintenance services.
- Headquarters : The company is headquartered in Chennai, India. 🌞🔌
Technical Outlook:-
From mid-April, this stock has been in a retracement phase for the major up trend and now looks like it's trading at the confluence of the support zone which can push the price again in the original direction.
The channel support line.
The 50 EMA retest Zone.
0.5 retrace of previous up swing.
Entry :- 1 hour candle close above 1270 will be a good confirmation.
Stop:- A falling wedge is in the formation of in case of uncertainty and any adverse move we will close it if a day candle closes below the Red line on the chart.
Targets: have been marked on the chart with the forecast of fib price projection tool.
Always use position sizing to manage your trade size with proper stop loss levels.
Keep Learning,
Happy Trading.
Sterling and Wilson LongBuy Reasons:
1. RSI>50
2. MACD crossover
3. Channel Breakout
4. Above Fibonacci support level.
Buy only on the levels specified on the chart and maintain a strict SL
Sterling and Wilson Solar Ltd My first analysis was done on 17 Apr about Kothari Petrochemical has already 20% returns. Sterling and Wilson Solar Ltd is one of the leading end-to-end solar engineering, procurement and construction (EPC) solutions providers globally and is also engaged in the operation and maintenance (O&M) of solar power projects. The company is backed by the strong parentage of the Shapoorji Pallonji Group. This time Sterling and Wilson Solar Ltd ready to move 8%
IEX Chart pattern analysisIEX has a good support at 750 level and a strong resistance at 820 level. once 820 is broken then the target is 835 level.
Borosil Renewable | Target & Levels | Go LongNSE:BORORENEW
Today BORORENEW tested uptrend line and get good support from it.
Also Today it closed at 278.35 which is almost the same as per Fibonacci level 278.45. Stock is on very critical level now. If it sustain above it on coming days then next easy target to watch will be 299-300.
Websol Energy || Shooting Up Star in process || Buying soon.Hi there trader, I have marked my analysis in the chart itself. Please feel free to drop any comments or drops if you have any.
New entries can only be initiated once you see a green candle on closing basis at a key zone level.
The risk:reward is more than 4.5 if a green candle forms.
Ujaas investors/positional buyers RED ALERT~~~ Major support level of 25 was broken.
~~~ Long term trend line broken today.
Moving Averages aligned in increasing orderMoving Averages aligned in increasing order. Monthly close above 27.00 on 28Oct16, would be strong case for a Big Buy entry for rise till 60 over a few months.
Manufacturing of transformers and panel meters for energy controlling. Formerly “M and B Switchgears”. Stabalised revenue model. Last4yrs Div History. Scaling up potential 100% on revenue. No dn side either on technicals or fundamentals. Rigt time to enter @ 24.00 although above @27.00 close on mthly chart would be ideal. Be on watch out. Early entrants can enter.
