VIJAYAVIJAYA on resistance breakout. Re-bounced from support zone. Just a little volume push may fetch it higher!
Vijaya
Swing Trading Opportunity: Vijaya Diagnostic Center Soars A long position opportunity arises in Vijaya Diagnostic Center, with the stock exhibiting strong signs of an upward trend and bullish sentiment.
Technical Analysis:
The stock is trading above its IPO levels and displaying a rounding bottom formation, indicating a potential bullish breakout. This pattern often suggests a reversal in trend and the possibility of sustained upward momentum. Furthermore, accumulated shares at the current levels hint at institutional interest and a strong base for an upcoming rally.
Sector Outlook:
The healthcare and diagnostics sector, including Vijaya Diagnostic Center, is currently gaining market focus due to the ongoing emphasis on health and wellness, as well as advancements in medical technology. This sector's increased attention may provide additional tailwinds for the stock's performance.
Trade Setup:
For traders seeking to capitalize on this bullish opportunity, the accompanying charts provide clear target and stop-loss levels for risk management and potential gains.
Target and Stop-loss Levels:
Target: Potential resistance levels outlined on the charts offer a clear upside target for the trade, reflecting the expected bullish momentum.
Stop-loss: A predefined stop-loss level is set to mitigate risk and protect capital in case of any unexpected downturn.
Conclusion:
In summary, Vijaya Diagnostic Center presents a promising opportunity for a long position in swing trading, supported by a strong rounding bottom formation and an optimistic outlook for the pharma and diagnostics sector. Traders are encouraged to utilize the provided target and stop-loss levels to manage risk effectively while aiming for potential gains.
Disclaimer: Trading involves inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
Vijaya Diagnostic is Bullish 🐂Vijaya Diagnostic is Bullish as high volume is there today.
And broken its major support so, we can expect the target of 716 🎯
For more detail see image.
Note : this for education purpose not any tip.
VIJAYA DIAGNOSTIC CEN LTDNSE:VIJAYA Stock take support from C point.
Buy sustain above the 465 rupees.
First Target is 505 to 510 rupees.
Second Target is 525 to 529 rupees.
stoploss is below 450 rupees.
VIJAYA | 23% target | Flag & Pole All information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
1 Good swing trade idea on Weekly Time frame for 26 juneI daily make educational content videos for swing / positional trading
Diamond Bottom pattern
Daily chart analysis of Vijaya Diagnostic Cen Ltd. tells me that the price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty/consolidation.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
VIJAYANote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
VIJAYAVIJAYA:- Head and shoulders pattern is formed wait for breakout stock may see good volumes from last few days. keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
vijaya diagnostics analysisVijaya diagnostics trading in a important supply zone in weekly basis. As per harmonics the best buying zone is 370-415 with a target of 590.
In VIJAYA Plan for Short TermDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Buying Range: Above 413
Stop Loss: 396
First Target: 455 (50% profit book)
Second Target: 466 (25% profit book)
Take rest 25% in trailing stop.
VIJAYA - Retest + Reversal - Big Potential - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
VIJAYABANK head and shoulders (practice purpose only)VIJAYABANK head and shoulders (practice purpose only)
