WAAREE ENERGIES LTD – Solar Powering Ahead

🔍 Fundamentals at a Glance

• 💰 Revenue: ₹15,461 Cr. (TTM)
  
• 📈 Annual Growth: 28% 🚀 (Outstanding)
  
• 🏦 Pre-Tax Margin: 18% (Healthy)
  
• 🔥 ROE: 19% (Exceptional)
  
• 🆓 Debt-Free Balance Sheet – resilient across business cycles
  
• 🏛️ Institutional holding increased last quarter → strong confidence from big players
  

📊 Technical Setup

• ✅ Trading above all key moving averages (20/50/200 DMA)
  
• 📏 Currently ~18% above 200DMA, showing strong medium-term strength
  
• 🟢 Took support at 50DMA recently, confirming trend continuation
  
• 📊 Relative strength vs NIFTY remains positive
  
• 📦 Multiple demand zones identified → strong support levels
  

🎯 Levels to Watch

• Entry Zone: ₹3,350 – ₹3,400
  
• Stop Loss: ₹3,180 (below demand zone & 50DMA)
  
• Target 1: ₹3,700
  
• Target 2: ₹3,950
  
• Long-Term Potential: ₹4,500+ if momentum sustains
  

⚠️ Risk Factors

• 📉 Break below ₹3,150 may trigger deeper correction
  
• 🌐 Sectoral dependency on solar/renewable policy shifts
  

🏆 Summary

Waaree Energies has strong fundamentals + technical momentum. With rising institutional interest, a clean balance sheet, and strong price action, this stock looks like a high-conviction candidate for swing to long-term positions.