S

SOLARINDS.NSE

Solar Industries India Ltd. – Weekly Technical View

Long-term

Equities

6 days ago

Solar Industries continues to maintain a strong primary uptrend, supported by a well-defined rising trendline and consistent higher low formations (circled). The recent price action shows a successful bounce from the demand zone (₹11,750–₹12,120), reinforcing this area as a key accumulation zone.

Post the correction from highs (₹17,820), the stock has stabilized and resumed upward momentum, indicating that the decline was corrective within a broader uptrend, not a structural breakdown.

Key Levels:

  • Immediate Support: ₹13,800–₹14,200

  • Major Support (Demand Zone): ₹11,750–₹12,120

  • Immediate Resistance: ₹15,800–₹16,000

  • Major Resistance / Previous High: ₹17,820

Conclusion:
Solar Industries is in a healthy uptrend with controlled corrections. The current setup reflects strength after consolidation, and the stock is positioned for a potential upward continuation.

Comment your suggestions

Loading comments...

Posted by

VITHULDAS

Moderator

6 days ago

Disclaimer

Investment in the securities market are subject to market risks, read all the related documents carefully before investing.

The materials and information presented do not constitute financial, investment, trading, or professional advice endorsed or provided by Enrich Money. For full disclosures, please see ourTerms of Use.

Upcoming Webinars

Loading webinars...

Enrich money logo