"Company launched cancer drug Lapatinib tablets in the US". This news may or may not have an impact on the stock, but the pattern and the price action clearly gives a bullish indication. Please follow strict entry and exit rules to minimize your loss as well as maximize your gains.
Entry - above 1023
Target - Trailing stop-loss
Stop-loss - below 1020
Clearly todays inventory data showed fall in reserves of inventory. So when inventory data is less it implies that lot of crude which was saved up as reserves were put to use or in other words consumed.
Now I want to shift your attention to this term " PRODUCTIVITY OF A COUNTRY "
When crude is consumed like the data shows it means productivity of a country is...
ENTRY - BELOW 644
TARGET - 632.5 + TRAILING
STOPLOSS - 649
BEWARE OF THE RISK INVOLVED IN TRADING STOCKS AND PLAN YOUR TRADES ACCORDINGLY.
THIS SHOULD ONLY BE USED FOR LEARNIG PURPOSES AND NOT AS A TIP.
TRADE AT YOUR OWN RISK.
The news side:
IEX is to commence trading on GTAM from this Friday, 21st August 2020, which gives the stock good support as well as a boost for a good upward movement.
The 196 level seems cautious, may work as resistance.
However, the latest formed depth of head & shoulder pattern gives a target of 200+
I had a continued bullish view in swing. The analysis was further supported by the formation of morning star pattern in the last three days of the week (shown on chart).
But the recent news of the death of workers due to COVID may blow the uptrend movement for a while.
The uptrend resistance of 2900+ level (see chart) may come to play!
Better to wait.
Daily Demand is there at 1373
Has been consolidating after making high around 1600
Lot of foreign investors
Aiming to be debt free company in coming months (Expected 2021)
- Rights Issue - Huge Supply as there will be lot of shares
- Earnings on 13th July 2020
Profit booking and trailing is the important concept of trading which people ignore's many time , if somebody is following the chart it was clearly a resistance at 615 levels ( marked blue ) , now their is a gap lets see if it feel's up the 500 levels, !!!!!
If one understands the importance of the impact crude oil prices have on sectors like aviation and paints......
they must trade this stock
oil prices go higher Asian paints will fall due to rising pricing....
SHORT BERGER PAINTS
Its complete Price Prediction of Rippel for Upcoming Month.
There is big new coming on 30th november 2017 for Rippel.
30 nov : #Xrp japan exchange will launch xrp, #1st big product annoucment.
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