Solar Industries Price Volume BreakoutPositional Trade:
Buy: Solar Industries
Last Close: 1656
Target: 1740
Stop Loss: 1620
SOLARINDS trade ideas
SOLARINDSStock has given a breakout on weekly chart and retraced a bit. Very good opportunity for positional trade. Buy above 1680 TGT 8 to 10% SL 1550. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Short Term Pick Up ✌✌This scrip has given Clear Breakout in all Category like Daily, weekly, Monthly and it has good potential to move Further. So keep on your Radar and Enjoy the profit.
Solar Industries 4yr Channel Breakout with massive volumeThe stock attempted breakouts in Feb/Mar but could not get follow through volume. Dropped back to 20Wk VWMA, and this time managed to get massive follow through volumes on breakout. The stock is trading at ATH price, so sky is the limit. Nifty is in a definite trend, so this is likely to get good volumes in the coming days.
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Solar Industries - Long1. Breakout happened after 3 years.
2. Retest completed at resistance level.
3. Company is into unique business and are worlds leading manufactures bulk explosives
4. SL@ resistance level with minimum target of 20-25%/
SOLARINDS( INTRADAY )FOR INTRADAY
FOR 31 MAY 2021
STRICTLY FOLLOW MY LEVELS
IF YOU GOT PROFITS COMMENT IT
SOLARINDSSOLARINDS (Weekly):- CMP 1404 Looks good for more upside :)
1) Multiyear Resistance Breakout candidate :)
2) Volume Buildup + Moving average support
SOLAR INDUSTRIESWEEKLY CHART
MULTIPLE YEAR BREAKOUT
TARGET 1600 IF SUSTAIN NEXT TAREGT 2000
GOOD LUCK
SOLARIND : Nice BUY after this fall.. My wave analysis suggest a nice buy developing on this stock..
Do not miss it.
Happy Trading.
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Solar Industry is giving multiyear breakout on weekly chartsSolar Industry is giving multiyear breakout on weekly charts.
SOLARIND Weekly consolidationSOLARIND has been consolidating between 970-1300 in the last 3 years on weekly scale. sustaining above 1300 on weekly basis can unlock a portential 25% upside. keep on radar for breakout.
Intraday Trade: watch for resistance breakoutbuy above 1200
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
Keep an close eyeStudy this theme thoroughly, currently in consolodation phase. Good accumulation seen
EMA cross over with high volume on daily chartSolar industries shows 5, 13 and 26 EMA crossover on daily chart with high volume. Buy for long on next retracement in hourly chart.
SOLAR INDUSTRIES SOLAR INDUSTRIES
STOCK HAS BROKEN ALL DAILY MOVING AVERAGES WITH ABOVE AVERAGE VOLUME
IF SUSTAIN AT THIS LEVEL, THEN WE CAN SEE 1140 AND 1190
SOLARAINDS : Buy coming soon.. 1As per my wave analysis, a nice buy is developing..
Wait for 850 levels to get in with a trade set and would take the ride up...
Happy Trading.
SOLAR INDUSTRIESafter a big fall stock is making a base formation
one can look into this stock from current levels with sl placed around 998
for targets towards 1088/1152
