#RPGLIFE trading above Resistance of 1365
Next Resistance is at 1832
Support is at 898.80
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
RPG LIFE - Ascending triangle pattern in 15 mins.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
RPG Life Sciences is breaking out its long time resistance, Tried breaking out earlier twice, but rejected in the current consolidation & now closed over the levels. This can indicate a good upside.
PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
One of the few pharma stocks which has been showing strength overall. Incase you missed the last rally the stock might give a fresh chance tomorrow.
Long above 925 if it can break this wedge formation and move upwards. Ideally you want to stock to open above 925. Keep a slightly judicious stoploss of 850 as the stock has some good fundamental triggers too.
after trend breakout about to retest the zone no back hurdles seen the the long postion
can take 990+ first target in intraday
its only my view not a suggestion to take position , do it on your own risk
one year CNH completion and emegaence of high volume in rh side of handle positive sign.
current correction outperforming index sign of future leadeship
Stock Name - Rpg Life Sciences Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 819
#This is not Buy and Sell recommendation to any one. This is for...
Plan is again simple to add on given levels ..
Best setup because Stop loss in only 10% , so if U allocated 5% of capital with 10% sl , then ultimate max loss is 0.5% capital
targets are big and we can keep trailing Stop losses here !!
Breakout in RPGLIFE in Weekly Timeframe (Cup & Handle)
Entry:791
Target :1220
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
The stock has been posting good numbers and now the stock has broken out into new highs on great volumes.
Buy the retest or close to current prices with SL below 730.
Target 940 - 1150 if all goes well.
