NurecaVolume Break out on DTF
Above 20-50 on DTF
Monthly consolidation and above 20 months average
Looks good for long
NURECA trade ideas
NURECA - Swing Trade Setup FormedNureca Ltd displays a bullish stair-step pattern with multiple consolidations followed by breakouts. Each consolidation is marked by a decrease in volume, indicating reduced selling pressure, and is followed by a sharp price surge of 15-17% on increased volume.
Key Points:
Consolidation & Breakout: The chart highlights three distinct consolidation phases, each followed by a breakout with strong bullish momentum.
Volume Analysis: During consolidation, volume decreases, suggesting that sellers are losing strength. Volume spikes on breakout days validate the upward movement, indicating strong buying interest.
Entry & Stop-Loss:
Entry: Above ₹374
Stop-Loss: Below the support zone of the consolidation, at around ₹357-₹358.
Target: The immediate target is set at ₹400, representing a potential 15% gain from the entry level.
NurecaAfter consistent downside stock has made good base around 270 zone.positive divergence on RSI monthly closing above 300 will pave way to reversal to uptrend
Nureca- SG Bhago volume constriction type 6 BuNureca- SG Bhago volume constriction type 6 Bu
1) At lowest level
2) double rejection testing
3) Lets see
Nureca Risk hai to Ishq haiNureca
Good level to buy
ROCE 3yr:- 31
ROCE 5yr :-37
ROCE :- -6.2 (reson for downfall)
Debt to Equity:- 0.10
PE :- 434
forward PE :- 80 (estimated ttm profit 5 cr)
#NURECA - Seems like A big move is comingDisclaimer - Not a buy or sell recommendation, only for educational and learning purpose. Do your own research before putting your money into it.
#nureca ltd seems to be bottomed and now accumulation is almost over.
Perfect buy zone should be above 480 if weekly price closes above or at that level.
Moving avgs are squeezing and now 10MA is above rest of the MAs(20,50,200).
RS indicator is moving upwards, and should be above 0.00 soon.
Target 1 - 589-590
Target 2 - 787
Target 3 - 1000-1140
NURECANURECA made a base and currently the structure shows a double bottom breakout pattern. After completing months of range it is about to break the range.
Targets are marked with the horizontal rays. RSI is in great shape.
Note: Always check fundamentals and basic information about a company before investing. This is an educational related post.
Neureka Trend Reversal After sustainable downfall from 2600 levels charts seems to be stabalising making good base support from 400 levels.Lots of pain for investors in this counter since TV analyst were continuously recommending from 2500 levels to buy ..target 4x from current levels failure below 350 CB
Ready to fly as per my Indicator.This stock will fly after long price wise consideration .. black line is SL . Rest will be history..
High Potential Long Trade Opportunity for 3X ReturnHello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid fundamentals, and positive market sentiment. Based on my analysis, this stock has the potential to provide a 3X return on investment within a reasonable time frame.
Here are some key reasons why I believe this trade is worth considering: Stock showing bottoming out on this level as per charts and RSI is moving on above 30 and volume is above 20 DMA on the Weekly chart
1. Positive Industry Trends: The stock is part of an industry that is experiencing significant growth due to emerging technologies, changing consumer preferences, or favorable market conditions. These factors create a favorable environment for the company's growth and profitability.
2. Strong Financial Performance: The company has demonstrated consistent revenue growth, solid earnings, and a healthy balance sheet. Their financial stability and positive cash flow position them well for future growth and expansion.
3. Competitive Advantage: The company possesses a unique competitive advantage, such as proprietary technology, a strong brand presence, or a differentiated product/service offering. This advantage strengthens their market position and increases their potential for long-term success.
4. Favorable Market Sentiment: The stock has attracted positive attention from analysts, institutional investors, and market experts. This increased interest indicates confidence in the company's future prospects and can contribute to a significant upward price movement.
Please note that investing in the stock market carries inherent risks, and past performance is not indicative of future results. Conducting your own research and consulting with a qualified financial advisor before making any investment decisions is crucial.
If you want to learn more about this long trade opportunity, I would be happy to provide a detailed analysis, including supporting data and market trends. Together, we can assess the risks and potential rewards associated with this investment, enabling you to make an informed decision.
Please let me know if you want to proceed or have any questions. I am here to assist you throughout the process.
Best regards,
Ramu Maurya
Nureca Ltd - Trading near major support zoneNureca Ltd - Trading near major support zone. Can expect pull back till daily 20ema
Nureca#Nureca is a leading B2C healthcare and wellness company with a product range of over 150 SKUs across different categories.
CMP 1010 seems forming in the range of 930-1030. Can be added in parts
May see 1100/1250/1350
SL 900
Long NURECALong NURECA.
STOPLOSS-1500.
RSL Once price moves away from current candle below previous week candle low.
Nureca going to retest breakout levelStock is going to retest breakout level. It can be entered around 1733 levels.
looking very cute, but closing above 2200 is important!Keep on radar!
NOT SEBI registered. Charts produced here are for personal reference only and not any recommendations.
VCP pattern formation one of the strongest and accurate patternsVolatality contraction pattern seen in nureca
with good volume drop pand breakout with huge volume
expecting good rally in comming months
trade with strict SL
Nureca - Good stock setting up for a breakout from baseNureca is a stock that had a fantastic run of hitting continuous 5% UC soon after it got listed last year. Since then, the stock has been consolidating and now is forming a base above the 50% level of the trading range in which the stock is currently in. The company is expected to announce their quarterly results over the weekend. Conservative investors can take a position above 1800 while aggressive investors can enter with SL below the base being formed within the trading zone.
This is a long term investment call.
Descending Triangle - NurecaAfter posting a spectacular upside rally, Nureca started consolidating sideways and is now forming a descending triangle. One needs to wait for a breakout / confirmation for the next course of Price Action before taking any trade.
