Stocks-n-Trends

SPELS Semiconductor about to "Spell-Out" Magic

Long
BSE_DLY:SPELS   SPEL SEMICONDUCTOR LTD.
SPELS Semiconductor is one of the first stock in India venturing into the Semi-Conductor space and with the recent push for Make-in-India scheme and the Growing demand of Semi-Conductor worldwide + the Anti-China policy (China+1) adopted by many countries, India has become a Favourite Hotspot for Semi-conductor manufacturing

Let's look at the Technicals of SPELS:
Getting ready to Blast. 3 Amazing Bullish Structures

1. Monthly - Large C&H - BO above 105 WCB for target of 200++ (2x opportunity)
2. Weekly - Inv H&S - BO already done target 99
3. Daily - Flag Pole BO - Happening - buy above 80 WCB for Target of 102

Each lower timeframe BO will take to the next Higher Timeframe BO zone. Multibagger pick. already 40% up from our Recommended Levels

Disclaimer:

  • 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
  • We are NOT SEBI Registered
  • Our focus is NOT providing Buy/Sell Recommendations/calls
  • Primary Objective is to provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes.
  • We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
  • *** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments

-Team Stocks-n-Trends

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.