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CADILAHC

CADILAHC : 50% Fibonacci retracement After posting a fresh 52-weeks low of around 198 during March 13, 2020; CADILAHC has seen spectacular run up and in that optimism stock convincingly crossed its previous 52-weeks high of around 536 (July 14, 2017) and registered a fresh all-time high of around 670 during mid May,21. stock has seen decent profit booking from its all-time high and corrected in past few months. However, the fall got arrested near 521 which coincided with its previous all-time high of (July, 2017) along with the same the daily 200-SMA support placed near 520. If we take Fibonacci retracement of its entire move from the bottom of 406 (March 19, 2021) to the top of 670 (May 14, 2021) then 50% retracement comes near 536. The weekly 50-SMA which was pegged near 500 played a role of sheet anchor and in the previous instance the said MA also played a similar role. The weekly RSI (14) momentum indicator which travelled till 81.67 and during the course of correction it came near 44.31 and signaled “Positive Reversal” which is an indication of reversal.
CLong
by Digital_Dadus
#FORTIS CMP236 #Target254 #PMModi #ModiSpeech #Pharma #CNXPharmaDaily Chart #FORTIS NSE: FORTIS Short Term Quick Profit CMP 236 Target : 254 SL : 226 Timeframe < 30 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections and then higher highs again. Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:FORTISLong
by Rachit_Sethia
Cadila Healthcare - Go long1. In 15m time frame the DMA's need to correct. A bearish engulfing has appeared a while back. 2. In 60m Time frame 10 and 20 DMA have just taken the right positions and the prices are above pivot point 3. In daily time frame the DMA's might take a day or two to correct. SMA's also need to correct. 4. Monthly DMA's are in order 5. The prices are currently at an excellent support level. A breakout at this level has happened before 6. Prices have retraced back from the lower BB in the daily time frame. 6. Daily RSI levels have recovered. Weekly and monthly RSI both have made a higher low. 7. Entry 586.06 Target 596.28 (Rs 10.22) Stop Loss :584.05 ( Rs 2.00) 8. Earnings are expected to be posted on the 5th of August. Watch for a rally in price accordingly.
CLong
by daivick
#LALPATHLABS CMP2968 #Target 3400 #CNXPHARMA #ModiSpeech #NiftyDaily Chart #LALPATHLABS NSE: LALPATHLABS Short Term Quick Profit CMP 2968. Target: 3400 SL : 2836 Timeframe < 45 Days Cand hold for longer time RALLY COMING SOON ON THIS ONE ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:LALPATHLABLong
by Rachit_Sethia
3
#MAXHEALTH CMP 244.90 #Target 271(10%+) #cnxpharma $GLD $GS $JPM#MAXHEALTH NSE: MAXHEALTH CMP 244.90 Target : 271 SL 228 RR Ratio > 1.5 Time Frame < 45D Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MAXHEALTHLong
by Rachit_Sethia
18
Head and Shoulder in CadilaHCNotes: Head and shoulder pattern can be confirmed to breakdown below 613.5 levels. Although it would still be a risky trade since there exists multiple support zones and could be a pretty slow catch if it does break. A tight SL is recommended. Target could be 1% or 607 and if lucky, can try aiming for 600 too. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
CShort
by the_consolidation_guy