Breakout in INDRAPRASTHA MEDICAL CORPAscending Triangle Breakout Setup
RSI above 70 and rising
Trading above EMA50
Volume increasing
3 months of consolidation
Testing ATH
Disc: For study, not a recommendation
INDRAMEDCO trade ideas
All time high breakoutChart -> INDRAMEDCO Daily
All time high breakout with volume!
CMP: 497
Good Range to Buy: 475 to 500
Targets: 525, 545
SL: 460 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
INDRAMEDCO - Breakout in DayTimeFramePrice consolidate since August 2024 and it breakout today the green trendline. It is hard to have SL for this at this stage so we can use monthly CPR to have SL at 440 range.
Indamedco watch for a base breakout.
Watch for a breakout of the base. It looks good for building positions.
Risk is 20%+ tweak the SL as per your risk appetite.
Position size properly since the SL is very deep.
INDRAMEDCO - Bullish Flag PatternINDRAMEDCO - Has shown a Bullish Flag pattern in the Daily time frame - This shows strength in the stock and also means potential upside in the near future.
The company has a fantastic history and fundamentally has very attractive numbers, not only this is a good entry point for swing traders but also a good stock to hold for a long term.
Note: These views are personal and for informative/ educational purpose only. Please conduct your own research before making any investment decision.
Accending channel with strong range break out with above averageAccending channel with strong range break out with above average study before entering
Potential Bullish Reversal With High Volume & Strong Candle
✅The stock has been in a consolidation phase, with price action forming a descending triangle pattern. Recently, the price has shown signs of breaking out from this pattern, indicating a potential bullish reversal.
✅ Immediate support around ₹240, which was a recent consolidation level. Stronger support near ₹220, aligning with the lower trendline and past price action.
✅ There is a noticeable increase in volume accompanying the price move towards the breakout, indicating strong buying interest and supporting the potential bullish reversal.
✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD histogram shows increasing bullish momentum, with the MACD line approaching a bullish crossover above the signal line.
**Trading Plan:**
- **Entry:** Above ₹260
- **Stop Loss:** Below ₹240
- **Targets:** ₹280 (short-term), ₹300 (medium-term)
Short Trading Opportunity in Indraprastha Medic for > 20% upsideHi,
NSE:INDRAMEDCO has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose.
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Indraprastha Medical Corporation Ltd.(30% upside potential)
Sector: Hospital & Healthcare Services
HTF chart shows strong uptrend in this script.
on daily chart , we can see PA in HTF demand zone with bullish structure...
195approx level may respect as a resistance so it took as a partial profit booking. Long term investors can accumulate for all time high target....
INDRAMEDCO For Swing TradingINDRAMEDCO Prediction for Swing/ Positional Trading
Entry 1 was at 175. Entry 2 was at 192. You can enter into trade above 218 or CMP or you can entry according to your experience.
Sls- according to you RRR.
Targets- 230,242,255,270,285,…(more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About INDRAMEDCO –
Indraprastha Medical Corp. Ltd. engages in the healthcare business. It operates through the following segments: Healthcare Deliveries, Pharma, and Medical Technologies and Others. The company was founded on March 16, 1988 and is headquartered in New Delhi, India.
RB breakout and retracement done RB breakout and retracement done for the target mentioned in the chart.
Team Stocks-n-Trends
Note: This is for educational purpose only.
INDRAMEDCOsymbol INDRAMEDCO
company indraprastha medical corporation ltd
type long term
price 197.4
date of entry 09-02-2024
risk market slowdown
#INDRAMEDCO Cup & Handle in WTFWTF is in UT, Formed a C&H
BO with volume
EMA Rule in place
Price is 10.5% away from 50EMA
RS Line is making 52WH
INDRAMEDCO BTSTMy selection criteria as follows dor swing trade.
The stock corrected from high and tale sport on EMA.
The RS is strong.
The rsi look above 50 and show upword moment.
The close is above EMAS.
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It just for education purpose.
INDRAMEDCO breakoutINDRAMEDCO breakout with volume and re-testing, right time to buy but buy small qty as NIFTY is not in a good mood.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Indramedco _ Real patience tester !!!Stock above 20 DMA
Macd indicator is giving cross over
95 is possible in this stock
INDRAPRASTHA MEDICAL CORPORATION LTDIndraprastha Medical has given a good multiyear break out at 77.20 with decent volumes and candlestick pattern and recently retested the same level.
So it can be bought at cmp 85.50 or on dips up to 75 for the targets 102 / 115 / 128 / 141 / 154 with a strict sl of 65.
Its Final Target is likely to be achieved in a medium to long term.
All charts posted here are only for EDUCATION PURPOSE.
Before making any Trading / Investment Position kindly consult your Financial Advisor.
[SWING/POSITIONAL] INDRAMEDCO Long....Good Structure observed in Indramedco
For movement play buy above 96
SL below 65
Target 112-121
good support near 75-72
volumes picking up in uptrend and dry up in consolidation
Fundamentals:--
Market Cap-- ₹ 809 Cr.
ROCE-- 20.5 %
ROE-- 17.4 %
Company is almost debt free
Mcap FF (Cr.)--- 395.97
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy around 73%(Please maintain your SL)
converting from box channel to new trend channelstock change its trend from no movement box channel to forming flag-pole pattern along
