NSE: SWARAJENG is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing...
SWARAJ engines broke Double bottom with high momentum. Stock already Going to reach monthly target level 2870. But here entry price is too high. Based on your plan buy.
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#SWARAJENG (W):-CMP 1825 Looks Good above 1900, Ready For Big Blast :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
Swaraj Engines is attempting to attract investors with a 5% dividend yield on its present share price. It has always been a generous dividend giver. The share is yet to participate in the auto sector rally... with metal prices set to cool down, this may augur well for the margins of this engine and parts maker, in the mean time, shareholders can enjoy the hefty ...
NSE:SWARAJENG
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Swaraj Engine Cmp 1354 dated 1-4-2022
Rectangle Pattern on chart.
Buy above 1365
for a tgt of 1415-1480-1525-1585 SL 1275
t is just a view, pls trade at your own risk.
Fresh Buy
TGT 1 - 1900 & 2000
Disclaimer :
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the...
This high dividend stock is nicely poised on the rising trend. The company is posting extremely good quarterly results.
Technically, the monthly RSI is nicely following trend line and it has too much fuel to make the scrip to go a greater high. The scrip doesn't move rapidly, so needs patience to get the maximum out of this scrip.
Swaraj Engines' stock price got rejected from a supply zone and trading near the demand zone for the pullback test. If the price passes this test then wait until it crosses the supply zone for a momentum buy position.
But this idea is if it fails the pullback test and falls onto the uptrend line. Then, wait for the price action, if the price bounces off of the...
