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SHALBY

Shalby NSEDate: 7th May 2024 Time: 3:30 PM Shalby was on my watch from past week, and I was waiting for entry level for good price to buy. First of all, there is a W pattern which formed in Sept 2023 but again came down, so I was waiting for entry after Retest in Shalby. I have done wave counts on Shalby from beginning and find that, Correction 5 Wave Structure has done and after that it is showing Bullish Momentum. Currently we are in probably Vth leg of 3rd large Wave + It Retest too while completing IVth Wave as we can see in Chart clearly. Shalby Already entered in Buy Zone of 262 to 250 Rs . So, we can Expected Further Bullish Momentum and Approx Target is 400 Rs with SL 227 Rs.
NSE:SHALBYLong
by KRSCharts
SHALBY: High Return Idea Upto 100%Shalby Hospital India’s best multispeciality hospital which provides world class healthcare services. It has recently undergone a notable decline and is currently trading near the 242 mark after retesting its multi year breakout zone, indicating a potentially favorable opportunity for investors. Traders and investors can contemplate entering Iong positions within the 220-240 range for a potential upside upto 450/- To mitigate risks, we advise setting a stop loss below 195 based on monthly closing prices, ensuring prudent risk management throughout the trade.
NSE:SHALBYLong
by Chinmayonniftyy
Weekly Bullish Pattern in Shalby at life highA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:SHALBY Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish flag & pole Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for educational purpose only.
NSE:SHALBYLong
by raigvivek
Bullish Flag BO in Shalby HospitalIntroduction: Shalby Limited (NSE: SHALBY) and Stock Exchange Information (BSE: 540797) is India’s leading multi-specialty hospital operating a chain of 11 tertiary hospitals with an aggregate bed capacity of over 2,000 hospital beds. It is one of the top hospitals in joint replacement surgery in India. Shalby is the number one player worldwide for knee replacement surgery and has a 4,000 plus in-house team of skilled doctors, surgeons and support staff. A bullish flag & pole Chart Pattern Breakout on the Daily Time frame of NSE:SHALBY Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish flag & pole Chart Pattern Technical Indicator :- Positive MACD Crossover Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:SHALBYLong
by raigvivek
SHALBY - Ichimoku BreakoutStock Name - SHALBY Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 320 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:SHALBYLong
by nikunjbhadja
SHALBY - Long Setup, Move is ON..NSE:SHALBY ✅ #SHALBY trading above Resistance of 280 ✅ Next Resistance is at 390 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHALBYLong
by Sandeep_Aggarwal
Shalby is looking for a breakthrough Run Key Levels: Support: 244 Resistance: 275 and then BO Writeup: Support Level: The support level at 244 is a critical price point where the stock has historically found buying interest. If the stock's price approaches or touches this level, it is expected to encounter buying pressure, preventing it from falling further. A breakdown below this support level could be seen as a bearish signal. Resistance Level: The resistance level at 275 is an important price point where the stock has faced selling pressure in the past. It represents a barrier that the stock must overcome to move higher. A breakout above this resistance level is a bullish signal and may indicate a potential upward trend. tock price successfully breaches and closes above this resistance level, it may be considered a breakout. Breakouts often signify increased buying interest and could lead to a sustained upward price movement. This breakout could be a signal for traders to enter long positions or for investors to consider adding to their existing holdings. It's important to note that breakouts can be associated with increased volatility, and traders should be cautious and consider risk management strategies when trading breakouts. Additionally, confirmation of a breakout (sustained price movement beyond the resistance level) is often preferred to reduce the risk of false signals. Fundamentals of Company: Shalby is a healthcare company operating in India and Africa. They manage 14 hospitals with a total bed capacity of over 2,000 beds and run 60 outpatient clinics across India and a few in African countries. They are also expanding with two upcoming facilities in Maharashtra. Shalby has introduced an asset-light franchise model, Shalby Orthopedics Centre Of Excellence (SOCE), with a goal to establish over 50 SOCEs in India in the next 3-4 years. The company has seen improvements in occupancy levels and Average Revenue Per Occupied Bed (ARPOB) from FY21 to FY23. They have diversified their revenue streams with specialties like Arthroplasty, Oncology, Cardiac Science, and others. In Q1FY24, Arthroplasty contributes significantly to their revenue at 45%. Shalby has specialized in Arthroplasty, having conducted over 1,48,000 joint replacement surgeries with a market share of about 15% in India. They are also diversifying from their specialty field, with non-arthroplasty segments contributing to the majority of revenues. The company is involved in homecare services, providing nursing, physiotherapy, medical equipment, and more. Shalby has a significant revenue concentration from its flagship hospital in Ahmedabad, Gujarat, but they aim to expand their presence in Tier 2 and Tier 3 cities. In FY22, Shalby acquired implant assets in the USA, achieving backward integration and diversification from their Arthroplasty business. The management team has seen changes, with the appointment of a new Chief Financial Officer. Shalby is growing its presence in India and Africa, specializing in orthopedics and expanding into various medical specialties and geographic markets. They aim to increase operational efficiency and profitability through strategic real estate usage and centralized procurement.
NSE:SHALBYLong
by SuperChartz
7
Shalby Ltd - Multi Year Break outShalby Ltd is an India based multi speciality hospital chain business company which sets up and manages hospitals and medical diagnostic services. 24% of the revenue and more than 30% of the profit is from only a single hospital located at Ahammedabad, Gujarat . Stock is now near ly it's 5 year high now . A reducing debt company with zero promoter pledge. FII's are also increasing their holdings. Net profits are increasing year on year. 300 levels are expected to be crossed in 3 months.
NSE:SHALBY
by DevanNaayar
SHALBY - Long Setup, Move is ON..NSE:SHALBY ✅ #SHALBY trading above Resistance of 211 ✅ Next Resistance is at 280 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHALBYLong
by Sandeep_Aggarwal
Shalby LimitedSHALBY:- Stock has formed head and shoulders pattern, going to breakout soon, keep an eye. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SHALBYLong
by AjayDhakad_Keep_it_simple
3