Buy 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
NSE: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...
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...
TATA 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.
NSE: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.
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.
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.
