NH trade ideas
Narayana Hrudayalaya / VCPNarayana Hrudayalaya is forming a Volatility Contraction Pattern in a daily time frame. Now previous week it has broken its resistance with good volume and given strong closing.
Price has broken its resistance but RSI still struggling
SL 482
Target 707
NH CUP N HANDLE AND TRIANGLE BREAKOUTCup n Handle and Ascending Triangle breakout in narayana hrudalaya. follow the rules of both the chart patterns to get your stoploss.
NHAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
Looking good for more upmoveThe stock has given a good closing on daily TF and can test the upper trendline. ATH will be first target - keep on radar
nh chart analysisnh chart analysis for intraday and swing trading . major breakout on day time frame . buying price given on chart
Ascending Triangle BOLong consolidation in ascending triangle pattern, finally broke out of the important zone.
bullish reversal and trend line breakoutCMP: 490.65, Target: 524, SL: 465
Study:
1. bullish reversal from daily support
2. short term trend line breakout
FORMATION OF CUP AND HANDLE TYPE PATTERNSOME RISKY TRADE, NH IS LIKELY TO FORMING A CUP AND HANDLE PATTERN, AFTER BREAKING NECK LIKE IT WILL CONFIRM
Narayana hrudayalaya All time high and resistance breakoutResistance breakout with high volumes and stock registered All time high mark, good above the resistance level
NH BREAKOUT Strong support around 495 on 15 min chart and daily chart 475.....
Rounding bottom formation ....on chart if daily closing above 520 buy for a target of 580-620-700
34 % profit Opportunity In ( NH ) 24.05.2021BUY 426 TO 415
TARGET 593
Reason For Buying This Script :
It has broken all time high and it has retested the previous level high price. Now the trend in onset so we can go for buy.
It has good Opportunity for swing trade . Don't miss this .
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST...
basic 50 and 200 simple moving and fibonacci level trading setupkeep it simple and trade accordingly,trade only if gets active
Narayan Hrudayala (NH) Rounding Bottom!Narayan Hrudayala: A chain of multispeciality Hospitals. Indian Hospital infrastructure proved weak after second wave hit hard. Stocks like Apollo Hospitals, Narayan Hrudayala, Shalby are key players to provide state of the art medical services.
Technically, Narayan Hrudayala (NH) has formed good rounding bottom (bullish pattern) It had already given breakout too. The retracement towards neckline of the Rounding bottom pattern suggest fresh upmove in the stock. SL is neckline (360) and targets (480, 520++ ) given on chart!
(Disclaimer: I am not SEBI registered. Chart is for study purpose. Invest at your own risk!)
Narayana Hrudalaya - BuyNarayana Hrudalaya - Buy
Buy Range:443-412
Upside Target: 470, 524
Support Levels: 412,396,380
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**Disclaimer:
I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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