NSE:SWSOLAR is finally catching up with its solar industry peers. A stop loss at 540 should hold well for this counter. Go long. I am very bullish on the solar theme and other shares in this industry have continued to outperform the market.
🚀 Breakout Potential: SWSolar (Sterling and Wilson So LTD) 🚀
Technical Analysis: SWSolar appears to be on the brink of a significant breakout, with its current price action indicating strong momentum. The stock has been consolidating above the key resistance level of 560 for some time now, suggesting a potential bullish continuation pattern.
Key Levels to...
HI
Recommended SW Solar (Sterling wilson) on 22.4.2024 at the price range of 561-575 for the target of 614 and 647. Happy to share that Both target hit in just 2 trading sessions.
Keep trading . Keep Following !!!!
Your support is highily obliged
Hi
The breakout in sterling wilson is seen. The stock is trading near 562. The first swing target would be around 614 and 2nd swing target would be around 646. The SL will be around 501.
Happy Trading!!!.
Disclaimer:- Pls analyze before trading . The publisher has their own opinion.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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...
I have been following SWSOLAR since October 2021. The stock made a 2-year high on October 12 and initiated a downtrend. The lower low-lower-high formation journey continued until it took suppot at about 270 levels. After moving sideways for almost a year, the stock showed a breakout, of course, with some gap-up opening, and is now chasing its 3-year-old high . But...
With a breakout around the corner watch for the stock to go towards new highs..
Things are now streamlined for the company and going ahead things should get better..
Long at CMP with SL below 350.
There could be a downward trendline breakout.
BUY - STERLING & WILSON SOLAR LTD
CMP - Rs. 309
Target - 1: Rs. 411
Target - 2: Rs. 494
Target - 3: Rs. 576
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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With Mr. Ambani reaffirming his commitment towards 100GW Renewable Energy by 2030...This stock could see new tailwinds.
If they can get a a large chunk of the orders..there is no looking back for the co from now until 2030...
While most people buy small assets to increase depreciation..Mr. Ambani decides to build India's largest electric network which will turn...
In this analysis, we will examine the chart of SWSOLAR to gain insights into its current state. The chart displays noteworthy support levels, including a weekly support trendline and weekly RSI support, along with a clear divergence in the RSI indicator. Based on these observations, there is a potential buying opportunity at the current CMP, with a stop loss at...
Buy Reasons:
1. RSI>50
2. MACD crossover
3. Channel Breakout
4. Above Fibonacci support level.
Buy only on the levels specified on the chart and maintain a strict SL
