Stock of the day : Waaree Energies Ltd by Target Rs. 3500 - Religare Broking Ltd

Waaree Energies Ltd
Buy Waaree Energies Ltd CMP 3265.30 Range 3260-3270 SL 3150 Target 3500
* WAAREEENER has exhibited a sustained upward trajectory over the past few months, characterized by a consistent pattern of higher highs and higher lows.
* The stock recently broke out of a sideways consolidation range, supported by key moving averages including the 21, 50, and 100 DEMA.
* It is currently trading within an ascending channel, indicating potential for continued upside momentum.
* Market participants may consider initiating long positions near the recommended levels, aligning with the prevailing bullish structure.
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SEBI Registration number is INZ000174330









