Get started

SMSPHARMA

Sms Pharmaceuticals Limited - Breakout Setup, Move is ON...#SMSPHARMA trading above Resistance of 299 Next Resistance is at 404 Support is at 194 Here are previous charts: Chart is 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:SMSPHARMALong
by MandeepSinghKohli
5
Big Bullish Brekout of Daily Flag PatternA Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:SMSPHARMA MACD gave Positive crossover on Daily and will give positive crossover on Weekly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: 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 advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NSE:SMSPHARMALong
by raigvivek
SMS Pharmaceuticals: Long Opportunity After Multi-Year BreakoutAnalysis: The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down: Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, suggests a potential trend reversal from resistance to support. Uptrend Momentum: The sustained price increase after the breakout indicates continued buying pressure, hinting at further upside potential. Trading Strategies: Aggressive: Enter long if the price closes and sustains above the current level (₹145.45) with persistent buying volume. Implement a stop-loss order below the breakout level (₹130 ) to manage risk. Potential target prices could be ₹160 and ₹175 based on chart patterns and Fibonacci extensions. Conservative: Wait for a potential pullback towards the breakout level (₹136) or within the previous consolidation zone (₹120-₹136). Enter long if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). Utilize a stop-loss order below the pullback low for effective risk management Additional Considerations: While technical analysis is insightful, remember that the stock market remains inherently volatile. Conduct thorough fundamental research to assess SMS Pharma's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:SMSPHARMALong
by TRADING-NASA
SMSPHARMA- Ichimoku Bullish Breakout Stock Name - SMS Pharmaceuticals 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 106 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:SMSPHARMALong
by nikunjbhadja
SMS Pharma - Negative trend reversalSMS Pharmaceuticals underwent long downtrend from 198.8 on 05/08 to 116 on 20/12. This trend seems to have gotten over with Higher High and Higher Low pattern since 20/12. Pattern: 1. Higher High Lower Low on Daily basis from 20/12 2. Cup and Handle Pattern beginning from from 04/11/21 Technicals: 1. Positive RSI Divergence 2. RSI Cross over on daily basis 3. High Volume after creating higher high, along with a 2nd green candle SL: 120
NSE:SMSPHARMALong
by TechnoFunda_Investor