NEULANDLAB :: NOT THERE YET
--- Price made HH Last week after the triple bottom
--- Upper Circuits and RSI Momentum are just great..
--- just broke the Trendline Resistance today.
--- But,, There is a BIG Supply Zone awaiting (earlier Demand Zone). Those who bought 7months prior are also waiting.. :)
If anyones looking for high risk highly rewarding stock NEULAND LABS are the answer
Multi year breakout stock with retest getting done and also important harmonic patterns and fib numbers
Only problem with stock is its low volumes, and stock moves in circuits also
Buy at 1500 levels
Stop loss at 1300
Targets : even the previous high is 90% away so thats my...
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Simple Price Action analysis.
Breakout from a flag pattern.
The stock could just keep climbing hereon or there could be a small dip on account of the round bottom formation (CUP).
If there is a pull back then a Cup and Handle Pattern would be in formation .
Either case the breakout level is 2380.
Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Vijay Kedia. He is involved in the market since he was 19. Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential . ...
THIS IS MY OWN TRADE AND MY MOST CONVICTION STOCK
I PLAN TO HOLD THIS STOCK FOR VERY VERY LONG TERM..
NEULAND ALSO POSTED BEST RESULTS IN ALL QUARTERS ON 02/02/2021..
FUNDAMENTALS ARE GETTING BETTER EVERY DAY AND EVERY QUARTER
An Inverted Head and Shoulder pattern on the weekly chart.
Breakout on Daily Chart.
A trend line which would most probably determine all the above targets.
Also, a candle stick pattern very similar to the Morning Star has been formed at the right shoulder.
Only time will tell if this analysis was time well-spent.
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