#FSLRTL support
near breakout retest
trying long will be good 217
222/227/240/260 expected test in next few days
Solarenergy
REC LTD for target 460+REC ltd is at bottom and i am expecting reversal from this level.
As per past data stock always take reversal from this level so we are expecting a good move from here.
REC LTD : 423
STOP 410
TARGET 460 +
Sterling Wilson Solar finally catching upNSE:SWSOLAR is finally catching up with its solar industry peers. A stop loss at 540 should hold well for this counter. Go long. I am very bullish on the solar theme and other shares in this industry have continued to outperform the market.
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
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.
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%
TATA POWER Daily Chart Analysis 25.11.2021TATA POWER had moved up to its consolidation zone between 240 -250 level and from here break out the stock will move up 275 -300 level.Happy trading to all.
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.
Reliance : Capex worries !Global Company which has gone and changed at the appropriate times.
After a great run up since Jan 2017 when it was 500, it has given 4.5X in 5 years.
Looks like it will take time for a breather now, till the Goga factories start commercial production.
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.
