SOLARA ACTIVE PHARMA good consolidation near support, stock is underpriced, 20-25 % upmove possible in short term view
SOLARA trade ideas
solara solara down from highs and now it may pullback from lows ,,
check for the levels
its only for educational purpose ,do self study to buy or sell
Ready to Breakout by Solara pharma NSE:SOLARA
Weekly breakout soon in stock.
expect 683 level in 90-120 days
43% from current levels.
Solara Active PharDouble bottom formation under support levels.
Target 1 - 464
Target 2 - 485
SL - 432
SOLARA - Ichimoku Bullish Breakout Stock Name - Solara Active Pharma Sciences Ltd
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 477.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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Solara Active#SolaraActive Good BO at the bottom. CMP 428
Promoter buying.
Can be added in parts
Please check with your advisor before investing.
is worst over for SOLARA?I believe so.........stock appears to have completed the shark pattern in the weekly time frame.........stock can be bought for good appreciation in the days to come
Solara Active Pharma Target: Rs1999!NSE:SOLARA is trying to reverse and and Entry can be triggered at Rs1765.
Watch for the levels and Target will be around Rs2049/Rs2150
SOLARA ACTIVE PHARSOLARA ACTIVE PHAR was failed to take support from the levels of 913.55 and was a gap down on the next day on 10th Feb 2022. Now understand that, whenever the gap up or gap down occurs, the market always tries to fill it, as it is an empty space. Now Solara was a gap down and after that, Solara takes the support on 606.80 and now rushed up to the 769. Can go to the 900 levels to fill the empty space. This is a Tutorial Chart, but anyone can have a trade if they want to enjoy the rally.
Trade on your own risk management and trade management tool
As the market is showing no clear direction, be cautious for not just this trade, but with every trade.
If you are in profits, please maintain your Trailing Stop Loss.
SOLARA ACTIVE PHARMA Target 934SOLARA ACTIVE PHARMA is under dip by 64%. Monthly V shape recovery is possible. If cross the trend line support 726 and sustain above 758 it will reach 934
Solara Active PharmaThis is risky trade but Good RRR and its On weekly Chart frame so good for investing for 6months to 1 Year. Actually compan give 140Cr of loss in dec 2021 but I think its a good company not to worry about 1 qr loss.
SOLARA can rise from current levels?SOLARA has fallen nearly 50% after reaching its ATH 1850, and it has formed Bullish divergence on a daily time frame.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
#SOLARA1101 to 959
Be quick for your entries and swift for the exits
Use tools only if they guide you!
Swing trade Swing trade with SL current candle low & 2 targets,1200+ &1250+ in few days ,exit whichever hits,enjoy it because this script break out of trend in up side with huge volume , don't hold more than 1 weak
Solara Active - Key support levelThe stock could be a potential takeover target going forward. Its fallen significantly and the worst could be behind it.
Technically the stock is neating a support around 965.
Could go long in this zone with a SL below 920.
There is a positive RSI divergence on the RSI so any bounce could be got into but any fall below 920 only buy If you will surely take the SL. If you usually don't sell once the SL is triggered this idea isn't for you.
Correction done in SolaraThe stock fell from the ascending channel and met its target and got overdone a bit more...chief reason was low realiations of its main product Ibuprofen... it has many more products and is in Crams as well which lent it some support...1st target is 1380 with SL at 1150 levels.. some days it has low trading volumes as well ...its like an insurance in ones portfolio against covid if one wants to think like that...
buyer beware
buy solarait has formed bullish bat harmonic pattern. it can retrace till 0.38%-0.50%-0.61% of point CD
Stock Analysis of Solara Active PharmaPrice - 1694.45 Dt. - 16.09.2021
Stock is in range since May and stock is near the support line. RSI is showing strength and the moving average crossover will happen soon. Stock can move to 1800 in few days and if the volume is good it can break the level and start moving up.
The stock also made a Flag pattern on Weekly Chart.
