Astrazenca Pharma India Ltd Share Analysis with Technical TargetCHART OF AstraZenca Pharma Ltd
1. Today we'll discuss another stock which is AstraZenca Pharma Ltd
2. Today Date is 19-09-2021
3. Currently stock is trading at 3139.90 which is shown in candle chart.
4. As per my learning there is Technical Target 3950 which is shown in image above, which is approximately 25% gain.
5. How much time it takes to reach target, according to my analysis, it takes maximum 4 to 5 months.
6. Stock is trading in good support which is clearly shown in above chart and we can hold till resistance.
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07. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
08. We never sell stock in loss.
09. We are investing in equity share.
10. Patience is the key in equity, sometime great company went down that is the opportunity to buy these companies because we know they will come back very quickly.
Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn. This blog is totally educational purpose, not a recommendation of stocks buy or sell.
ASTRAZEN trade ideas
AstraZeneca Pharma India Ltd - 11.06.2021AstraZeneca Pharma India Ltd - 11.06.2021
The stock has made a high of 3845 during the week
The stock is in accumulation zone since past few trading sessions
prices are above ema
let the prices go above 3880 and one can initiate a long position with a support @ 3740
watch out for the price action
ASTRAZEN Bullish Signal in Swing TradingHere is my educational analysis for ASTRAZEN . I followed a simple support and resistance strategy for previous weeks. On daily basis this stock shows a bull flag momentum strategy and creating a new support zone . Do share your feedback on this analysis as that will help me to tune my study further.
I don't use any pre-built indicator because it is too confusing sometimes.
Note: This is only for educational purpose, please trade at your own risk.
Astrazeneca starting 5th WaveStock moved 14% last session with 2931 stop loss we can ride 5th wave for given targets on chart
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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ASTRAZENECANote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Continuing in UptrendThe stock looks good to long from here
2900-3100 will be a good Support as it was a Resistance before + past data suggest weekly Rsi at 38 is a reversal point for the stock***Buy between 3100-3200 for Target 4800-5000(With stop loss at 2900 on closing basis)... Only for long term investors with Great Risk/Reward=1:4