Buy sswl for target 320, should be done in 1-2 months
sswl above 892 can see 930-40 and 960-80 while breaking out at 850 with 820-780 support now at first resistance area 892 above that may movevto mention level . as per trend pattern . shared for learning . as having interest .
Stock is taking support on 225 level and bouncing back. 230 level is good zone to enter in the stock. Favourable Risk to Reward Ratio (R:R) Follow the chart to get Target and Stop loss level.
Stock Name - Steel Strips Wheels Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 271 #This is not Buy and Sell recommendation to any one. This is for...
This price is coming after August 2021. Next resistance is 193 and psychological resistance at 200. Lets see How it pans out
Recently SSWL has given breakout and retesting the same. Keep on radar for low risk entry.
SSWL is consolidating since last two years. Seems accumulation is ready for stage II journey. Keep on radar for closing above 195.
STEEL STRIPS WHELL monthly and weekly symmetrical triangle breakout with bullish mode.If it is open above 190 and sustain above 196 it will reach the first target of 221
Stock was in consolidation for three years , before giving consolidation break out. In July 21 and August 21 it had rallied from 75 Rs to 190 Rs making pole of Flag pattern. From Aug 21 it had coutinously consolidated between 190 to 140. During consolidation it had made lower high of 191 , 187, ans 175 making top of Flag pattern . Yesterday it had broken above 175...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% Please consider these ideas for educational purpose Comment below if you are looking for any answers
Breakout in Steel Strips Wheels Limited with high volume.
Stock has given BO with massive volume on daily chart, follow chart for proper entry and exit levels. However stock may be accumulated for longer run.
Cup and hanlde +flag+ symmetric trangle sswl is market leader in steel strip wheels and every month sales are increasing can be a multi bagger
Fundamentals supportive. Good Company. Fair Valuations
The stock is forming a beautiful Channel on a Daily TF. I see a approx 1:4 RR in this stock upon breakout. Also on Daily TF if the RSI is near 60 during BO then it would be a positive sign for the entry. MACD already gave a positive sign. This stock is a must in the watch list as on a weekly TF also it is resting on a crucial level of Cup formation . And we all...
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
. 5 Day 886.8 10 Day 876.4 12 Day 873.7 20 Day 862.9 26 Day 855.1 50 Day 834.6 100 Day 821.6 - 200 Day 821.2