Date : 15.09.2024
Swan Energy
Timeframe : Day chart
Q : What does Swan Energy do?
Ans : Its segments include Textile, Energy, Construction/Others, Distribution & Development, Warehousing, Manufacturing and Power Generation. Its Business Verticals include Oil & Gas, Petrochemical Manufacturing & Trading, Textiles and Realty.
Remarks :
1 At the support of Rsi + Ascending triangle base + 200 ema confluence
2 If breaks all then short or weak don't try to catch falling knife
3 Chance of bounce are high then going weak since soo many technical support still there's nothing like 100% theory therefore it important to trail stoploss on long/s if any sudden reversal happens
Regards,
Ankur
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