This scrip has formed a beautiful pattern which has potential to move 20% in one day. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
SWING TRADE: SWAN ENERGY, following trendline perfectly, enter above 148, can give big move above this.
This scrip is expected to give huge breakout in coming days as it near trendline breakout so traders keep on your radar to catch the momentum.
Swan Energy : CMP 136 SL 124 on closing basis. Tgt 146/ 160
whenever it will break out the following level, it will be growing to be a multi-bagger.
Swan Energy CMP - 133 Stop - 120 on DCB Expectation - 1 - 150 2 - 220, Review at 150 Expected Holding Period - 40 trading days or earlier Ideas being shared only for educational purpose
My wave analysis suggest a nice buy developing on this stock.. Do not miss it. Happy Trading. IF you LIKE my analysis, please click LIKE button SO THAT MORE TRADERS WILL SEE THIS AND TAKE ADVANTAGE of this. Thanks.
Swan Energy chart analysis for intraday and swing trading
Swan Energy chart analysis for intraday and swing trading
I am looking this script that its still in Correction , I will looking to Go long for Longer term investment after making a reversal near 150/145
Buy SWANENERGY above 215 T1: 260 T2: 315 SL: 175
Swan Energy. Weekly chart Cmp : 230 Target : 270 plus (conservative target). Stop : 205 Rationale: 1) V shaped breakout pattern. 2) Series of Higher highs and higher lows has propelled breakout with above average volumes.
A Very Slow and Dragging Price action , Maximum i am expecting to Make til 200 rest , Market Participants will decide I am already in the Trade One can look for very Small Position in Cash , Stop would be 1 % on CLB 1 Hour
Share has made Rounding Bottom (shown by blue curves). After forming Rounding Bottom, Marubozu was formed (shown in black rectangle). EMA 12 days is also moving above EMA 26 days (shown by green and red lines). All these points indicate strong uptrend.
Consolidation phase will be convert into uptrend once the stock crores phase level. Also stock also took support around 108 and from there its given good recovery. In same way i will think that if stock crosses 151 level and it sustain that level so it will give more confirmation. Keeping in mind medium to long term target will 160 & 200. SL will around 130.
as we can see a dark cloud cover there and bearish engulfing pattern there and price below 8 ema