SHILCTECH SHILCTECH Resistance Levels
Resistance 1 - ₹4,550–₹4,650
(Current supply)
Resistance 2 - ₹4,850
Major Resistance - ₹5,250–₹5,350
Previous lifetime high.
Support Levels
Immediate Support - ₹4,200
Strong Support - ₹3,950–₹4,050
Excellent accumulation zone.
Major Support - ₹3,680–₹3,750
Institutional demand zone.
Best Entry Plan
₹3,950–₹4,100
Highest probability area.
₹4,180–₹4,250
Good if price stabilizes with bullish candles.
Current Price - ₹4,390
Not ideal for fresh lump-sum buying because the stock is correcting from resistance.
Long-Term Investors
I'd use staggered buying:
30% around ₹4,250
40% around ₹4,050
30% around ₹3,750 (only if the market corrects) This reduces timing risk.
Exit Targets
Swing (6–12 months)
₹4,800
₹5,250
Long Term (2–3 years)
If earnings continue to compound and the transformer cycle remains strong:
₹6,500
₹7,500+
These are contingent on continued earnings growth and market valuation, not guaranteed outcomes.
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Subscribe to my WhatsApp channel
whatsapp.com/channel/0029VbBIPeIKwqSb1SmVrA1y
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.