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Mayank Kumar

7th Aug 2025 · SEBI-Registered Analyst

WAAREEENER
The daily chart of **Waaree Energies Ltd** reflects a bullish setup, with the stock rallying **+5.31%** to close at ₹3,218.40. Price has taken strong support near the **50 EMA (₹3,007.90)** and **200 EMA (₹2,882.75)**, suggesting renewed buying interest near key moving averages. The recent green candle indicates a potential continuation of the uptrend after a period of sideways consolidation. The **RSI (56.81)** has bounced from mid-levels and is now sloping upward, supporting bullish momentum. If the stock sustains above ₹3,250, it could retest previous highs; however, a dip toward the 50 EMA can offer a good accumulation zone for positional traders.

#FundamentalViews#TechnicalViews#WatchOutFor#Today’sTradingSetup#StockInNews
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