Swan Energy Technical Strategy for Trading @ Buy for Short term

Swan Energy – Swan Energy Ltd., incorporated in the year 1909, is a Mid Cap company (having a market cap of Rs 4221.22 Cr.) operating in Textiles sector. Swan Energy Ltd. key Products/Revenue Segments include Textiles which contributed Rs 314.47 Cr to Sales Value (99.12% of Total Sales), Job Work which contributed Rs 1.56 Cr to Sales Value (0.49% of Total Sales), Income From Construction Work which contributed Rs 1.23 Cr to Sales Value (0.38% of Total Sales), for the year ending 31-Mar-2016.

Technical outlook on Swan Energy – The stock is creating good buying from the level of 214 on the weekly as well as daily chart.

Strategy for Investmnet – You may take a position in SWANENERGY on the level of 214, if you are having short term view you may buy SWANENERGY, so you can see the level of 220 with Stop-loss of 209 within a week or 10 days.

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