Premiere energies: IPO base breakoutIPO base breakout seen in Premiere energies, can retrace or retest till previous high or 9 day ema but its ready for 1400-1500-1600 jump from here onwards.
#premiere
Premierenergies
Premier Energies Long Term Investment IdeaIntroduction
Premier Energies Ltd. engages in the business of manufacturing and trading of solar modules, solar cells and solar accessories. Its business operations include the manufacturing of solar photovoltaic cells and solar modules including custom made panels for specific applications, execution of EPC projects, independent power production, O&M services with respect to EPC projects and sale of solar-related products.
Observation
As we can see stock breakout after a consolidation on day chart stock trading on good volume. stock trade above 20ema strong RSI with good fundamental.
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Educational content 📖
This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.
new brekout is cummingi think this script is near brekout ,if market is positive we will see 1500 next month
new brekout is cummingi think this script is near brekout ,if market is positive we will see 1500 next week
ORDERS BOOST PREMIER ENERGIES' UPSIDE POTENTIALPREMIER ENERGIES is trading within a critical support range of 980 to 1000. Historically, the stock has attempted to break above this level, but those efforts resulted in false breakouts, indicating market volatility. We may anticipate a short-covering rally, which could temporarily increase the stock price as short sellers buy back shares to cover their positions. Additionally, it's worth noting that Premier Energies has recently secured a significant order valued at 632 crore, which could bolster investor confidence and further contribute to a potential rally. The combination of these factors may create an opportunity for investors looking to capitalize on a rebound in the stock.
