Get started
SWAN ENERGY LTDSWAN ENERGY LTDSWAN ENERGY LTD

SWAN ENERGY LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals

SWANENERGY trade ideas

Swan Energy: Double Bottom Formation Suggests Potential ReversalThe chart is actually showing a double bottom pattern. This pattern is characterized by two consecutive low points, followed by a rebound. Technical Analysis: * Double Bottom: The formation of two similar low points suggests a potential reversal of a downtrend. * Neckline: The line connecting the highs between the two lows acts as a neckline. A breakout above the neckline could confirm the bullish reversal. * Volume: The volume appears to be increasing during the formation of the double bottom, which is a bullish sign. * Moving Average: The 50-day moving average (MA) is currently below the price, indicating a bullish bias. A break above the MA could further confirm the uptrend. Trading Strategy: * Wait for Breakout: A conservative approach would be to wait for a clear breakout above the neckline with increasing volume. * Stop Loss: Place a stop loss below the recent low to limit potential losses. * Target: The target could be based on the height of the double bottom or technical indicators like Fibonacci extensions.
NSE:SWANENERGYLong
by TradeAXN
SWANENERGY BREAKOUTSwan Energy Limited (SEL) was originally incorporated in 1909 as Swan Mills Ltd. (SML), a manufacturer and marketer of cotton and polyester textile products in India. Over the years, it has diversified into real estate and is developing a floating storage and regasification unit-based liquid natural gas (LNG) import terminal at Jafrabad in Gujarat. FUNDAMENTALS Pros Strong sales growth of 249%. Significant profit growth of 584%. Good liquidity with a current ratio of 3.13. Manageable debt with a debt-to-equity ratio of 0.55. Diversified business into real estate and LNG. Long-standing market presence since 1909. Cons High P/E ratio of 76.2, suggesting overvaluation. Low dividend yield of 0.01%. Modest return ratios: ROCE 8.28% and ROE 7.03%. High price-to-book ratio of 3.65. Total debt of ₹3,440 crore. Exposure to industry volatility in the LNG sector. Overall financial strength : 73/100 TECHNICALS Prices are above 21, 50, 200 day EMA and 200 day MA. Stock corrected nearly 40%+ from the top. Weak Correction is suggesting that the supply is fading. RSI : 63; indicating buying momentum. MACD Crossover on Daily & Weekly time frame. Stock was trading in a range for 4 months and finally broke out and retested the level of 680–665. A teeny-tiny rounding bottom pattern formation. ACTION Above 750, it's a big base breakout, so one can capitalise on the momentum for a target of 795 (short-term positional). For a little longer horizon, can hold it for 892.65 and 987 levels (fundamentally good company) Aggressive traders can deploy small portion of capital above 750 if crosses with good volume spike. Safe ones can wait for a retest at 747–755 level. Now as per technical analysis, SL should be placed at around 645–650ish, but the RR isn't too fair for short term traders, so they can either place SL below the 21-day EMA. This is just my analysis and research. I shall not be responsible for anyone's loss. Happy Trading :)
NSE:SWANENERGYLong
by rohix
#SWANENERGY 291 Tgt 30% Upside Recommended BUY - Rachit Sethia$NSE:SWANENERFY #SWANENERGY 291 TGT 375 SL 270 TF < 6M RR > 4 RETURN 30% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:SWANENERGYLong
by Rachit_Sethia
2
SWANENERGY - Bullish Swing ReversalNSE: SWANENERGY is closing with a bullish swing reversal 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 horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:SWANENERGYLong
by BrahmaBull31
2
Swan Energy LtdC&H Rising Pattern: Yearly Basis Rounding Bottom: Monthly Basis C&H / RB: Yearly Price Trendline: BreakOut. Strong Vol. Consolidation / Further BuiltUp With Upside, Trail SL Book Profit as per Risk Appetite Snapshot Estab. 1909 as Swan Mills Ltd. (Mfg. Cotton / Polyester textile products). Diversified into Real Estate, Developing a Floating Storage / Regasification Units (LNG) import terminal at Jafrabad in Gujarat. Concern: Pledged Promoter Stake. Loss Making / High Leverage. Do Your Own Research as Well. This is Just an Opinion. Happy Investing :)
NSE:SWANENERGYLong
by IdeasNeosagi