Shilpa Medicare looks good above 435/- with SL of 390/- for targets of 550/-
It has given a breakout above long term resistance line, so any followup buying above 435/- is good for this stock.
This stock can touch the target when it keeps its buying line intact. We can buy it when it keeps the buying line intact. And the supporting range can be our stop-loss
SHILPAMED recently has given breakout. Now it is dancing in a box of 604-695. So, one can go long/accumulate in the range of 605-626 with stoploss on day closing basis(DCB) of 603 for the target of 695 which will give a superb risk reward ratio.
![SHILPAMED: [DARVAS BOX] Long SHILPAMED(Positional)](https://s3.tradingview.com/2/2GBclGc1_mid.png "[DARVAS BOX] Long SHILPAMED(Positional)")
