SWARAJENG trade ideas
Swaraj Engines Cmp 1782 dated 25.6.2021Swaraj Engines Cmp 1782 dated 25.6.2021
Weekly chart, Investment Idea view for 6 months to 1 year.
1. Beautiful 3 years Rounding Pattern
break out on weekly chart above 1710.
Buy for a tgt of 1825-1950-2020-2180-2600
SL 1700
It is just a view, pls trade at your own risk
Swaraj Engines - Improving Fundamentals and Good TechnicalsFundamentals :
+ Debt free company
+ Highest Quarterly Sales and Quarterly profit
+ Highest Yearly Sales and Yearly profit
+ FIIs stake increased from 1.17 to 1.58
- Debtor days increased from 2 to 42
Technical :
+ Increasing Volumes
+ Rounding Bottom
+ Price Higher High - Higher Low on M Chart
+ MACD and ADX Favorable on M & W chart
SWARAJ ENGINE ON A BREAKOUT SWARAJENG 1782 has given a breakout after consolidating for about 35 months from cup and handle pattern at 1682 on rising volumes on the monthly chart (3 days remaining).
Target would be 2440. Weakness below 1522. R:R= 1:5
Disclaimer: This is not a recommendation to buy or sell. For education purpose only.
SwarajEng: Strong BreakoutInverted Head and Shoulder breakout supported with strong volumes.
Favourable risk:reward ratio. Targets and Stoploss are mentioned in the chart.
#TradeTheTrend#TechnicalPick
Swaraj Engines Ltd showing strength, keep on radar with SL 1515.Can be bought here and add in dips till 1550 with SL of 1515 for 1850-2000-2200.
SWARAJENG Weekly CUP&HANDLEAll set for good weekly breakout on SWARAJENG on weekly chart at around 1650-1700 levels.
Weekly RSI >60 indicating bullish strength.
high volumes were traded on raise.
SWARAJENG : Best compnay to invest for 6 monthFor Education only
SWARAJENG
CMP -1550
Swaraj Engines belongs to Mahindra Group.
Last 3 quarters result were fabulous
Debt Free : Near BO
Dtd 16th May
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
swaraj engines (27 april 2021)breakout in double bottom patterns can see a price of 1600 in coming days.
#SWARAJENG at Weekly Demand Zone#SWARAJENG at Weekly Demand Zone and can be added for positional gains.
Details in chart.
Engine Starts... Buy SwarajAfter given channel breakout in weekly timeframe. Given upward move and once again itn came down. And now from support area given the breakoit in daily time frame.
Go Long around. 1420-1450
SWARAJ ENGINE CLEAR UPTREND ON WEEKLY SO WE CAN BUY ON DAILY NESTED ZONE WITH WEKLY STOPLOSS BELOW 1345
Swaraj Engines - 1 D chart, Just on its supportthis is one kind of trade which you will get a good risk reward ratio, but success rate is low.
Only risky traders enter into this.
Please enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries.
Kindly support my views. Thanks
Multi Year BreakoutON weekly chart you can see it has given multiyear breakout and in this volatile market sustaing above breakout.
Ny system on stocks for Intraday - Swaraj EnginesWe get triggers for many stocks and we trade what we like . A demo is given for Swaraj engines
