SURANASOL trade ideas
Surana Solar LtdSurana Solar Ltd
Incorporated in 2006, Surana Solar Ltd is in the business of manufacturing Solar Photovoltic Modules, generation of Wind and Solar Power energy and trading of other solar related products.
SSL is a part of the Surana Group. It is a manufacturer of Solar Photovoltaic Modules and is also into EPC of Power Projects on turnkey basis on MW scale. It offers grid connected and grid off Photovoltaic Power plants in open.
SURANASOL - Surana Solar Ltd - Ready for a Bull RideAs per previous chart history and current chart pattern along with Technical Analysis done by me, this stock is ready for a bull ride and you can buy it at CMP or wait for a dip to enter in the buy trade.
Technical Analysis on the Basis of Indicators
All moving averages and Oscillators are showing uptrend in this stock in all the time frames from H1 to Monthly.
Important Points to Consider:
Technical indicators can be helpful, but they shouldn't be the sole factor in your investment decisions.
Look for confirmation from multiple indicators before making a trade.
Consider fundamental factors like company financials and overall market conditions.
Additional Tips:
Always do your own research before investing in any stock I registered.
Understand the risks involved in stock trading.
Consider consulting with a financial advisor for personalized advice.
Thanks for your support as always
SURANASOL - BULLISHStock name = Surana Solar Limited.
Weekly chart setup
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.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.