WAAREEENER

Trend: Bullish, but currently in a consolidation phase after a strong rally. Recent price has been around ₹2,850, well below the 52-week high (~₹3,865) but above the 52-week low (~₹2,400). Technical View ✅ Long-term structure remains positive. ✅ Higher highs and higher lows are intact on the larger timeframe. ⚠️ The stock is currently consolidating after a sharp move, so patience is important. ⚠️ Fresh buying is generally stronger when the stock confirms a breakout above a key resistance rather than during sideways movement. Fundamental View India is witnessing strong growth in the solar and renewable energy sector. Waaree continues to benefit from: Leadership in solar module manufacturing. Capacity expansion. Healthy industry demand in India and exports. Key Positives Strong renewable energy theme. Healthy return ratios (ROE/ROCE). One of India's leading solar manufacturers.