SEPC Limited
SEPC Limited is a fantastic long-term investment because it has reached its top and is still growing.
Kindly study and comprehend SEPC Limited's weekly chart pattern. SEPC Limited is a great investment between 25 and 27, according to our study. It has done well thus far and has a lot of growth potential.
Kindly consult the weekly chart that SEPC Limited has released. As can be seen from the chart below, the stock has broken above the 25–27 range and is currently trading above horizontal resistance. The information indicates that SEPC Limited traded in 31 and is in great demand. The substantial upside potential of this stock, which could see it rise to the predicted range of 43-45, is shown in the chart below.
- SEPC Limited has grown gradually and had a big breakout at 25-27, it is an outstanding long-term investment potential.
- It seems that SEPC Limited is in a good situation, with room to grow to 43 and 45.
- Since this company's risk-reward ratio is ideal for cash transactions between 25 and 27, now is the best moment to purchase it.
- With a target price range of 43 to 45, the chart indicates that the stock has broken out of an ascending triangle pattern.
Please see the weekly chart that SEPC Limited has supplied. The weekly chart displays demand in the 23-25 price range, a breakout, and horizontal resistance. The higher demand causes the stock in that range to rise.
Now is a perfect time to buy the stock because it has reached a new high. Please take note of the horizontal resistance and its overcome, however. As of right now, the stock might hit its goals of 43 and 45 if we stick with the chart's upward trend.
The pattern's most recent goals were in the 43-45 range, and SEPC Limited broke out of the ascending triangle. One of the chart patterns employed in technical analysis is the rising triangle. A rising trend line and a horizontal line at the swing high and low, respectively, are produced by price disparities. Triangle is formed by these two lines.
Given the high demand for the stock, investors might be searching for a long-term purchasing opportunity in the 23-25 range in order to profit from any future losses. A recovery to the 43 and 45 levels is possible, suggesting that the risk-reward ratio is advantageous. Take advantage of any dip to buy this stock, which has a significant upside potential. Use any drop in value for stock in the company.
Alternatively, investors may decide to put money down and purchase the stock piecemeal, targeting a price range of 43 to 45 and setting a stop loss of 18.
When price volatility decreases before a significant gain, traders and investors typically look for a Volatility Contraction Pattern (VCP), which enables the stock or instrument to reach high volume and upside with a swift increase and target hit. You can download the FxCareers app from the Google Play store to learn more about VCP patterns. A high-precision pattern recognition method is also presented.
The weekly chart of SEPC Limited displays both resistance and support. The spot chart shows the levels.
|
SPEC Limited |
Support |
Resistance |
|
Level 1 |
23 |
43 |
|
Level 2 |
18 |
45 |
Company Profile: Complete engineering solutions are offered by SEPC Limited, which also offers multidisciplinary design, engineering, procurement, construction, and project management services. Integrated design, engineering, procurement, construction, and project management services for water and waste-water treatment plants, water infrastructure, process and metallurgy plants, power plants, mines, and mineral processing are all provided by SEPC Limited, an Indian company.
Disclaimer: The phrase is widely used to indicate that the content or material being seen is only for educational purposes and should not be used for anything else. The example shown is intended just for educational purposes and should not be used commercially.