Swan Energy Ltd in radar. Decreasing debt with zero promoter pledge company. Fundamentals improving. Technically looking good.stop loss below 480 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
SWAN ENERGY
Breaking out of a FLAG pattern.
ALERT
UPCOMING REULTS ON 10 NOV 2023.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
stock made a triangle pattern on chart for intraday if open between trendline and break upper trendline it will give good upmove all energy stock are bullish so higher chance is upside
📊 Details
Swan Energy Limited (SEL) was originally incorporated in 1909 as Swan Mills Ltd. (SML), a manufacturer and marketer of cotton and polyester textile products in India. Over the years, it diversified into Real estate and is developing a Floating Storage and Regasification Units -based liquid natural gas (LNG) import terminal at Jafrabad in Gujarat.
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The winners of the Reliance Naval sweepstake..
They failed to make the payment on time and asked for an extension.
That extension expires on 6th Sept.
If they are going to take over they immediately get world class shipbuilding experience + infrastructure.
If they fail the stock could collapse again and maybe ADAG then gets to bid to keep its asset.. (Its...
A company was chosen to buy Reliance Naval but asked for extensions.
They recd a deadline which ends 6th Sept 2023.
If they can take over the asset and grow it they might have a super upside coz its been told that Reliance Naval is an excellent asset.
Despite the massive upside already in the past month post a super result the stock could see a massive...
SWANENERGY:- A good pattern has been formed, wait for the breakout, if the trendline gives a breakout on the lower side, then ignore it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow...
