SW SOLAR - TRIANGLE PATTERN - DAILY CHARTSW SOLAR is making a Triangle Pattern at daily chart, right now we may trade between the triangle pattern, because as per Price Action it may come back after touching 770 levels. If breaks and sustain 770 then probability of moving further towards 820 levels.
680 is a good support and we may consider it SL.
For learning and educational purposes only.
SWSOLAR trade ideas
Sterling and Wilson Share Price AnalysisSterling and Wilson Share Price Analysis: Is It the Right Time to Invest?
Sterling and Wilson Renewable Energy Ltd, commonly known as Sterling and Wilson, is a prominent player in the renewable energy sector. As the company continues to evolve, its stock performance has garnered attention from investors. In this article, we analyze the Sterling and Wilson share price based on the latest technical indicators and market trends.
Sterling and Wilson Share Price Overview
As of the most recent trading session, the Sterling and Wilson share price stands at ₹658.65 on the NSE. The stock has experienced fluctuations, reflecting the broader market volatility and sector-specific challenges. Investors interested in the renewable energy space are keenly watching Sterling and Wilson's performance.
Technical Analysis of Sterling and Wilson
The chart for Sterling and Wilson shows that the stock has been navigating a complex pattern, with the price currently below its 50-day moving average (₹668.52). However, it is still above the 200-day moving average (₹584.28), which suggests that the long-term trend remains intact.
The stock is at a crucial juncture, with support around ₹631.55 and resistance near ₹726.90. A break above the resistance level could signal a potential upward movement, while a breach below the support might indicate further downside risk.
Risk-Reward Ratio and Trading Strategy
The chart also indicates a target price of ₹726.90, with a risk/reward ratio of 4.83, making it an attractive option for risk-tolerant investors. The stop-loss is placed at ₹631.55 to manage downside risks effectively.
Sterling and Wilson Renewable Energy Ltd. @ 680.10Sector: Power Generation/Distribution
52 Week High 828
52 Week Low 253
All Time High 828
All Time Low 69.70
Book Value Per Share 41.53
Sector PE 63.40
Face Value 1
Beta 0.86
Mkt Cap (Rs. Cr.) 15,888
SUPPORTS: 455/250/69
As long as these supports hold, we can see 960, 1400, 1900, 2115, 2935.
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
Stock is downtrend: Sterling and Wilson Renewable Energy Ltd.The stock has been in a downtrend for the past month.
Net Sales at Rs 915.06 crore in June 2024 up 77.7% from Rs. 514.96 crore in June 2023.
However, the June 2024 results were slightly below March 2024.
Key support levels: 639, 625, 603
If the support levels are respected.
We can expect a good move of at least 20% (800 levels).
SWSOLAR - Start of Up-Leg in a triangle consolidation.NSE:SWSOLAR
Company Info:
Sterling & Wilson Renewable Energy Ltd. provides solar engineering, procurement and construction (EPC) solutions. The firm provides EPC services primarily for utility-scale solar power projects with a focus on project design and engineering and manage all aspects of project execution from conceptualizing to commissioning.
Technical Chart:
Day chart analysis. 🧐
🔹Trend: The stock is in a major up trend but recently it went into a triangle consolidation.
🔹Swing: It is recently forming a bear leg towards the support trendline with a very slow pace and low volume showing weakness in sellers and just a correction in the major trend.
👉the current price also has clusters of EMA.
🔹View: Breakout of the recent range from support area.
🟢Entry: Above 715+ On breakout some qty and remaining on confirmation of close of day candle.
♦️Risk:- 650 should be the level for the stop as it is below all major support clusters, including the price filter of day candle closing basis only.
🎯Target:- Levels mentioned on chart.
Detailed analysis on chart Study it and mark levels on your chart
Keep Learning,
Happy trading.
Sterling & Wilson Renewable Energy Ltd (Weekly Chart Analysis)Technical View
1.All Time High Breakout with Good candle &Volume.
2. For upside rally, coming week candle has to close previous week's (Breakout candle) high (823).
3. Stop loss is mentioned for both risk averse & Risk Takers.
IMP Notes
1.Promoters have pledged 37.2% of their holding.
2. Fundamental wise company is not up to the mark.
3. Please do your own analysis
DISCLAIMER:
I AM NOT SEBI REGISTERED.
It is just a view not a recommendation,
Do your own analysis before making any investment. NSE:SWSOLAR
Sterling & Wilson Renewable Energy - Breakout Setup, Move is ON.#SWSOLAR trading above Resistance of 753
Next Resistance is at 1176
Support is at 492
Here are previous charts:
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 taking any trade.
Trend breakout in Sterling and WilsonHi
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.
Potential Breakout Alert: SWSolar (Sterling and Wilson So LTD)🚀 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 Watch:
Resistance: 560
Target: 650+
Why It Matters:
A sustained breakout above the 560 level could signal a bullish trend reversal for SWSolar.
The consolidation pattern suggests that buyers are accumulating shares, indicating potential upward pressure on the stock.
Volume analysis supports the breakout thesis, with increasing buying interest accompanying the recent price action.
Trade Idea:
Entry: Consider entering long positions if SWSolar sustains above 560.
Stop-Loss: Set a stop-loss below the breakout level to manage risk.
Target: Initial target at 650, with further upside potential as the breakout gains traction.
Risk Warning:
Trading involves risk, and it's essential to have a well-defined risk management strategy in place. Always consider your risk tolerance and adjust position sizes accordingly.
Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Make sure to conduct your own research or consult with a qualified financial advisor before making any investment decisions.
Conclusion:
With the potential breakout above 560, SWSolar (Sterling and Wilson So LTD) could be setting up for a significant upward move. Traders should closely monitor price action and volume dynamics for confirmation of the breakout. A sustained move above 560 could open the door for a rally towards the 650+ levels and beyond.
Breakout in Sterling & Wilson Renewable Energy Ltd...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 taking any trade.
SWSOLAR - SWING TRADE - 11th January #stocksSWSOLAR (1D TF)
Swing Trade Analysis given on 11th Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Buildup at Resistance - Done ✓
- Shakeout to Lower Trendline & Pullback - Done ✓
- Breakout of Resistance - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #swsolar
SWSOLAR 3 year resistance levelI 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 at 445, its old resistance is again holding it down for the stock to make highs. If it breaks out at 445 with a strong volume, I can see the 500 mark coming soon.