Swing trade opportunity in NOVARTINDSwing trade opportunity in NOVARTIND
Entry - 587.50
Targets - 640
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Key stats
Market capitalization
14.008BINR
Dividends yield (FY)
1.76%
Price to earnings Ratio (TTM)
25.55
Basic EPS (TTM)
22.25INR
About NOVARTIS INDIA LTD
ISIN
INE234A01025
Sector
Health Technology
Industry
Pharmaceuticals: Major
Website
novartis.in
CEO
Sanjay Prabhakar Murdeshwar
Headquarters
Mumbai
Employees
109
Founded
1947
Novartis India Ltd. engages in developing and marketing transformative treatments for people in areas of medical need. It focuses on pharmaceuticals, eye care and generic medicines divisions. The company was founded on December 13, 1947 and is headquartered in Mumbai, India.
Novartis India: On verge of rounding bottom BONovartis India is consolidating near resistance. Looking good for long. Keep on radar for BO
Sell from 844 SL 858 TGT 826 and 813Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Sell below 855 SL 870 TGT 826 and 815Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Swing and Intraday: watch for range breakoutbuy above 681
for swing trade stoploss below 620
For Intraday-
keep qty less as this stock is not very liquid.
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: Fo
NOVART INDIA Novart India is at Breakout Level. The Momentum is already weak in the stock. Let the stock once give an Breakout downwards and can expect target at the upcomming support. WEEKLY SWING TRADE as well as intraday.
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0