Shilpa Medicare cmp 934.00 by Monthly Chart view*Shilpa Medicare cmp 934.00 by Monthly Chart view*
- Support Zone 764 to 787 Price Band
- Next Support Zone 674 to 690 Price Band acting neckline for repeat Rounding Bottoms
- Stock has formed multiple Bullish Rounding Bottoms intertwined with each other indicative of New Lifetime Milestones in the making
Shilpamedicare
Shilpa looks goodChart -> Shipla Med Daily
CMP: 936
Good Range To Buy: 900 to 940
Targets: 988, 1024
SL: 860 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
SHILPAMED - Ichimoku Breakout📈 Stock Name - Shilpa Medicare Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 462.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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SHILPA MEDICARE is rockingThere is a one more stock Which is showing a great opportunity, stock is near resistance and ready to blast. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Shilpa Medicare Showing signs of recovery1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a long downtrend since July 2021, NSE:SHILPAMED is now showing signs of recovery. It's a buy with a stop at ₹244
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Shilpamed: Targeting 640 to 717 in a swing with tight SL of 620Hello Traders,
My recent trade analysis have gone pretty well. There is lot of noise around which wants us to believe that market is going to crash but at least till now I cannot see any signals like that.
So here I have found a stock, that has formed a W bottom pattern which is a bullish pattern, has good long volumes, and delivery data is also convincing.
It can be traded as follows:-
CMP, Entry price: 640,
Target: 717
SL: 620
Happy Trading!
Disclaimer: My trading ideas are primarily for education purposes. Please do your research carefully before investing.
PS: I am not invested in this stock and neither I will be trading this idea.