NSE:SWELECTES is a beneficiary of the tailwinds that we are seeing in the solar sector right now and in my opinion, we will continue to see a rise in this sector. Sometimes valuations looks a bit stretched in this sector but earnings keep on delivering and we can see a similar case here. A stop loss at ~1200 can help entering this volatile, low volume stock with...
After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages.
640 levels shall now act as a good support and a weekly close with a follow through below this level...
#SWELECTES #swingtrade #vcppattern #inverseheadandshoulder #breakout #patterntrading
Swelect Energy System : Breakout Candidate
>> Low Risk High Reward Setup
>> Inverse H & S pattern / VCP Pattern
>> Good Strength & Decent Volume
Swing Traders can lock profits at 10% and keep Trailing
>> 2 SL given just in case of a shakeout move
Swing Traders can lock 10%...
posted 28.12.2021 SWELECT ENERGY SYSTEMS stock above 270 for a target 280 and today the stock made high of 302 level and closing at 288. Wishing you and your family a Very Happy English New Year 2022.
SWELECT ENERGY SYSTEMS stock is in brief consolidation and today it has broken the consolidation zone. Stock above 270 for a target 280 and resistance at 282 level.
