SWSOLAR - Swing trade opportunity

74
Time frame - Daily

With the broader market going down during the months of Feb & Mar'22, the stock too made a dive from its 52 weeks high to a level of 290-95 where after a brief consolidation, the stock has again given a breakout of the consolidation range. The stock retested the range and has given confirmation as well with a good amount of volume. The stock is looking good for taking a long position with the below levels to be kept in mind

CMP = 367.35
T1 = 425
T2 = 475
SL = 315

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Penafian

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