THYROCARE
Possible BreakoutThyrocare seems bullish with good buyers volume.
With a strong support zone between 975-1000, it has formed a double bottom at the support zone.
Long if sustains about 943 with SL of 860.
Take targets 942, 987, 1140 by trailing stop-loss.
One Right Trade's Swing Trade Idea #169 : Long on THYROCAREThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Thyrocare - Bullish Flag pattern breakoutNote: This is for educational purpose only.
There seems to be a bullish flag pattern breakout with ultra high volume. There seems to be a bullish breakout in RSI as well. RSI above 70 indicates overbought and hence, expecting a side ways movement. The price has broken 52 weeks high as well, hence expecting a good up move.
Buy in dips till ₹833 - ₹835 levels
good to go
waiting for 590-580 to initiate long. the base formation then volume breakout both are good.
INTRADAY TRADE - THYROCARE- 12/10/2018 || SHORT ||NSE:THYROCARE
ENTER THE TRADE WITH THE FOLLOWING LEVELS:
ENTRY: 602.50
SL: 629
TARGET-1: 597.00
TARGET-2: 590.90
TARGET-3: 584.90
Seeing the volatility of the market every trader is going bonkers. Stop losses are hitting very frequently still if you have good risk management then the trade day can be made profitable. So trade as per your risk appetite and capital size.
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