Breakout AlertAfter long downtrend channel finally price out from from channel and break the flag in small time frame
SWSOLAR trade ideas
SWSOLAR - Bullish Consolidation BreakoutNSE: SWSOLAR is closing with a bullish consolidation breakout 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 been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
STERLING WILSONRED HORIZONTAL LINES indicate the resistance and the GREEN HORIZONTAL LINES indicate the support level
SW solar at an important trendlineEverytime it touches the trend line it has shown good pullback from that level of atleast say 4% and right now also it is at an important level with a good bullish candle
SWSOLAR Trendline brekout !!!NSE:SWSOLAR
swsolar has given the trendline breakout today u can hold till the 348 levels (level r according to fib ) 315-303-290 this is the levels of retest u can put the SL of 280
also, the 390 is our second target u setup looks promising stock is performing good in a volatile market we can expect the good returns from this stock
Sterling And Wilson Breakout RetestThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below 200 EMA, support zone & the lower trendline. The target is placed near resistance.
Note : This is a high risk stock to trade. So Due Caution Is Advised.
go long on SWSOLARStock is at the pitchfork median.......has been taking support at the median for the last few sessions indicating strong support....one can go long at cmp with a stop i ATR below the swing low and take profit at 61.8% pitchfork median.......entry, stop and take profit levels indicated in the chart
Sterling & Wilson SO LTDSterling & Wilson SO LTD
MCAD - Weak
RSI - 63 Downside
Good for long term - But dont enter @ CMP
Downtrend - we might see Target of 420
Happy Trading
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STERLING & WILSON SOLAR LTD This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
SWSolar - A possible doublerGood weekly BO from a C&H pattern in weekly charts above 342 levels. Targets are marked. Also can reach ATH of 750+
Deep StopLoss can be 275 levels. And safe SL be 300.
Safe entry above 370
Channel breakout after retestThis is plotted on weekly TF. The company is a leading solar engineering, procurement, construction solution provider..It had BO'd and then retested channel line and has moved up again today 6% up. Targets marked. Please trade with SL. Stop loss could be below the last swing low..or - 1 Average true range (ATR) -
STERLING & WILSON SOLAR LTD This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
SWSOLAR | Formation of Rounding bottomThere is formation of Rounding Bottom on charts of SWSOLAR and very soon breakout of Rounding Bottom is expected, however there are minor resistances at the levels of 300, 312 and 330.
if it cross these resistance then it can test the levels of 350-380 or more.
Disclaimer- this is just for educational purpose and not a trading or investment advise
SWSOLAR forming CUP patternSWSOLAR is clearly forming CUP pattern and it is a good time to enter.
Short Term Target : 325 - 328
Around 328 , it is a major resistance area which it has tasted almost 3-times in past now chances are HIGH that it will break same and give break-out also.
