#Swsolar (Cmp: 348.25)
Stock has given a long consolidation breakout on weekly chart and now it looks like the stock will fill the gap very soon. Positional traders accumulate stock from current levels to lower dip upto 330 level. Expecting upside move upto 380-400 level in coming trading session. Place stoploss at 290 level.
Long term investors can hold stock for targets 540-620+ level. Long term investors place stoploss at 260 level (can trail sl later)
Disclaimer: Above provided view & recommendation is posted for educational purpose. There is a risk of loss in investing or trading in securities (cash or futures or options) which you should be aware of prior to making an investment/trading decision, including the possible loss of principal. You are responsible for all investment decisions you make including understanding the risks involved, even if it is based on information. Therefore. before taking any financial decision you are requested to consult with a financial expert.
SWSOLAR - chart - 4558970