1. 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...
#shilpamed Added 40% qty at 270 Sl is wide , 250. So safe can enter on retest #vr
Stock has formed Bullish Pennant Pattern - breakout above INR 296 can give another INR 50-75 please note this analysis is just for education purpose.
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.
Your Money Your Decision.. In Long Run, Intraday trading doesn't work..
SHILPA MEDICARE as per daily chart analysis stock above 605 for a target 613. Resistance at 604 and 614.
Stock Name : SHILPAMED Time frame : 1 DAY Wait for proper breakout and retest for entry. For more trading content follow us on ( @tradechefofficial )
Hello 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...
Bullish flag breakout pattern in Shilpa Medicare Limited.
Shilpa Medicare & Bombay Dyeing Detailed analysis on these two stocks
Just try buy above 565 (Day candle close ) for 600+
SHILPA MEDICARE CHART LOOKS GOOD.. ITS A CUP AND HANDLE PATTERN BREAKOUT... IN 1 DAY FRAMING CHART.... CMP : - 513 TGT : - 542 , 610 ++ SL : - 470
Inverted Head and Shoulder Pattern formed long with a Breakout from a Falling wedge. Simple price action analysis.
Shilpa Medicare looks to start Wave 3 and shall make new highs soon at CMP 345/-. Study would be invalid below 300/- on closing basis.
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