Solara ActiveBest part of this set up is the low SL i see in this generally i get around 8-10 percent this is less than that
SOLARA trade ideas
Salora active pharma sci LtdIt appears the price is likely to move higher towards 900.00, although it's crucial to monitor the MACD and see how it develops.
The MACD is currently above the signal line, suggesting a bullish bias. However, it's important to note that the MACD is also trending downwards, which could signal an upcoming correction.
Overall, the price action appears to be bullish. However, it's important to keep an eye on the MACD for potential correction signs.
Solara Active cmp 786.50 by Weekly Chart views since listing day*Solara Active cmp 786.50 by Weekly Chart views since listing day*
- Support Zone 640 to 670 Price Band
- Price is hovering well above the EMA 21 > 50 > 100 > 200
- Stock traded in a price range of 300 to 520 for close to 2+ years
- Weekly basis Support at 690 > 585 > 480 with Resistance at 890 > 1025 > 1135
- Bullish Rounding Bottom done of 2+ years timeframe with neckline at Support Zone
- Price Breakout has sustained well above the Falling Resistance Trendline and Support Zone
Rounding bottom with volumeClear rounding bottom with volumes.
Targets(T1, T2, T3, T4 & T5) mentioned along with expected time frames.
Disclaimer: No recommendation
SOLARA ACTIVE PHARMA LTD : ONLY FOR FIBONACCI SETUP SOLARA ACTIVE PHARMA LTD : ONLY FOR FIBONACCI SETUP
👉Analysts of this stock are calculated based on Fibonacci levels only. At least the price can go up if it reaches 50 percent.
👉As of today, the pharmaceutical company has a market cap of 2400 crores with 30 percent promoter and 30 percent holding. Strong fundamental.
👉📉📈Price Consolidation near issue & first break out time
👉Target
985/1100 possible at short to long term
Thi is education purpose only no buy or sell single.
Solara Ready For Upside Rally 57% Possible From Here-zone breakout and retest done
-weekly closing can be very strong if closes above 395
-volume is decent currently should rise when momentum starts
-after breakout consolidation and formed base for proper rally
-trading above all crucial ema and sma keep in radar this will give good return in mid term
Solara Activ Pharma, Ready for Breakout with Good VolumesCmp - 434
Target 1 - 485
Target 2 - 600
SL DCB - 356
Crossover Trade - SOLARA📊 Script: SOLARA
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 Already Crossover in Double Moving Averages and MACD.
📈 Right now RSI is around 61.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 440
🟢 Target 🎯🏆 - 474
⚠️ Stoploss ☠️🚫 - 425
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
solara Active Pharama wealth creatorSoalara active pharma Monthly BO done nad heading towards 750 and more and Hold 2 to 3 yeras it can create wealth for u
Solara active pharmaBhramastra pattern on Solar active. new big trend is going to start for this year. On monthly chart Solara has given breakout of rounding. new targets are given on charts. As this is monthly chart it will take 1 year to hit target.
Iong term buy opportunity in soIaracan buy on monthIy cIosing above 510.
can refer the above charts for target.
this idea is for Iong term.
this is for educationaI purpose, pIease consuIt your financiaI advisor
Potential Cash Swing Trade - SolaraSolara is a Small Cap company and has been under performing since a long time. After a sharp decline since 2021 it went in range in weekly TF for almost 2 years. Stock has given a breakout of the range on Friday with good volume and a range shift in RSI.
One can look to build a long position above 500 with 390 as risk for a potential target of 1062. RR looks good here but asset allocation must be less, 5% as its a small cap company which has been worst for investors till now.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Solara-A risky reversal trade for multibagger returns!Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years.
If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC.
Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
SOLARA ACTIVE PHARMA-Positive DEMA Cross over in Weekly chart loSOLARA ACTIVE PHARMA : 20 DEMA Crossover above 50DEMA Crossover Stochastic RSI above 50 in weekly suggests if it holds 550 shall expect 600-630(For educational purpose only)
SOLARA ACTIVE PHARMA - Bullish Momentum with VolumesNSE: SOLARA is closing with a bullish momentum 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 9% 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
SOLARA LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (1),(2), (3), and (4), which are shown as blue numbers on the daily chart. Wave (5) appears to be underway at this time and might reach a maximum length of .618% of start of wave (1) to wave (3) from wave (4)'s lowest point.
It is anticipated that wave (5) will have about five subdivisions. According to the study, wave (i) and wave (ii) have ended in a red number, suggesting that there may be more upward movement in wave (iii) to (v).
Wave levels shown on chart.
Level of Invalidation
The termination point of wave (2) has been identified as the invalidation level at 371.95. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
VJ
SOLARA bullish; above 450 ? - Tuesday 20th Feb.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
can this be a starting sign of reversal to upside?Just my analysis to track hits and misses.
Looks interesting for break on upside.
can see volumes picking up for last few weeks and also a good buying pressure.
After a long downtrend stock came under consolidation making a parallel channel, forming a inverse flag type pattern.
can see good upside potential form here.
need to wait and watch how it plays out, will it break this channel and trend higher or reverse back to the lower end of the channel ?
i feel the probability of trending upside is higher than the downside scenario.
Just an analysis.
💡Strong Up move🚀Strong up move in comeing days. Falling wedge pattern. Small cap Short term Target 500 few weeks take. Long term Target 650-700 2/3 Month take.
Multibager Pharma Setup - SOLARA shows strong reversalSolara Active Pharma, Another Jackpot set up for risk takers..
Decent Fundamentals, Price reversed on strong support, bullish MA breakout with Volume Blast..
Resistance 1 : 490
Resistance 2 : 600
Resistance 3 : 720 ++
Support : 350-300
SOLARA ACTIVE PHAR[1W]-Chart reversalSOLARA ACTIVE PHAR - Reversal possible from current price 390 Keep SL 320 - Target double from current price R:R is favourable.
