Unlock Profits: Waaree Energies Ltd Swing Trade Setup ExplainedIf WAAREE ENERGIES stock holds the 3,150 level on a closing basis, it will confirm a breakout from the double top pattern, and the stock could test the 3,436 level. Additionally, the volume is increasing along with the price, which is a positive sign for this stock. Don't forget to subscribe to our YouTube channel, DICEY TRADE.
Waareeenergies
WAAREEENER| Cup and Handle | Breakout | Daily🔋 #WAAREE - Breakout Watch!
#CupAndHandle #breakout 🍵
Clean breakout above ₹3,023 neckline with big volume surge 📈
RSI breakout from downtrend ✅
Bullish EMA stack forming 🚀
🔹 CMP: ₹3,139
🔹 Next Resistance: ₹4,176 SL- 2972
🔹 U/D Ratio: 1.63 | Vol spike: 622% ⚡
Solar lagao, Apni Bijli Swayam Bano – Atmanirbhar ban jao!WAAREE ENERGIES
Incorporated in December 1990, Waaree Energies Limited is an Indian manufacturer of solar PV modules with an aggregate installed capacity of 12 GW. WEL has five solar module manufacturing facilities in India, with international presence.
CMP 2811
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
Waaree Engergies Time is Over The share of waaree energies is brack down in the share, the share price is down 40% in the all time high level. Now it is share break the listing price level in the share this is time to exite the share.
Company overall findamental is week, Stock trading in the 65 P/E Grow of the company is slow, It is very hard make money in this stock.
Waaree Energies Ltd. - Breakout OpportunityDate : 10-Dec-2024
LTP : Rs. 3,134.65
Targets: (T1) Rs. 3,743 --> (T2) Rs. 4,503
SL : Rs. 2,762
Technical View:
• After listing on 28-Oct-2024, NSE:WAAREEENER touched high of 3,743 on 6-Nov-2024 and than retraced 33% to 2,512 level.
• NSE:WAAREEENER has recently given breakout from it's current downward trendline.
• Volume has increased in last few sessions.
• NSE:WAAREEENER is trading above 20 DEMA since last few sessions.
• RSI is in buy zone and trading at 66.24.
• Looking good to continue it's upward journey from here.
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