Solar Industries India - Breakout Setup, Move is ON...#SOLARINDS trading above Resistance of 10654
Next Resistance is at 13361
Support is at 8047
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SOLARINDS
Solar Industries India - Breakout Setup, Move is ON...#SOLARINDS trading above Resistance of 8047
Next Resistance is at 10654
Support is at 6292
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SOLARINDS | Swing Trade📊 DETAILS
Sector: Commodity Chemicals
Mkt Cap: 71,511 cr
Solar Industries is one of the worlds leading manufactures bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and construction industries.
SIL also ventured into the defense segment in 2010 and diversified into manufacturing of propellants for missiles and rockets, warheads and warhead explosives.
TTM PE : 88.64 (High PE)
Sector PE : 104.91
Beta : 0.33
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.22% away from 52 week high
Outperformer - Solar Industries India up by 12.74% v/s NIFTY 50 up by 2.72% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Solar Industries India - Long Setup, Move is ON...#SOLARINDS trading above Resistance of 6292
Next Resistance is at 8047
Support is at 4683
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SOLARINDS - Bullish Consolidation with VolumesNSE: SOLARINDS is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SOLARINDS | Swing Trade📊 DETAILS
Sector: Commodity Chemicals
Mkt Cap: 62,218 cr
Solar Industries is one of the worlds leading manufactures bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and construction industries.
SIL also ventured into the defense segment in 2010 and diversified into manufacturing of propellants for missiles and rockets, warheads and warhead explosives.
TTM PE : 76.98 (High PE)
Sector PE : 137.26
Beta : 0.27
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
12.27% away from 52 week high
Outperformer - Solar Industries India up by 9.06% v/s NIFTY 50 up by 3.12% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Symmetric triangle breakout SOLARINDS Symmetric triangle breakout in solar industries.
Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume.
For further upside rally, stock has to close above 3000 with good candle and Volume.
Stock has a potential to reach 3500 level.
Previous supply zone should act as support now. Idea SL -2800 and for risk averse can keep 2870 as SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
NSE:SOLARINDS
SOLARINDS LongNSE:SOLARINDS is trading in a channel. Buying with small SL when the price rises up and is near channel low.
Buy NSE:SOLARINDS Above: 2420
SL: 2180
Target: 2660
Disclaimer: For learning purpose only. I am not a SEBI registered analyst and not responsible for your profit or loss. Please consult your financial advisor before trading.
Target 2 (51%) achieved in Solar Industries. Target 3 is ON...This is follow-up on Solar Industries India. Can check link to related ideas.
Target 2 achieved. More than 51%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 (89%) achieved in Solar Industries. Target 4 is ON...This is follow-up on Solar Industries India. Can check link to related ideas.
Target 3 achieved. More than 89%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Solar Industries India...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (11%) achieved in Solar Industries. Target 2 is ON...This is follow-up on Solar Industries India. Can check link to related ideas. Close above purple line will add momentum.
Target 1 achieved. More than 11%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.