Stock has given a breakout after a Flat correction and is rising in an impulsive manner. Stock is likely to extend the gains towards the upper end of the channel in the coming days and weeks ahead.
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 and...
Considerable Oki's volume in daily and weekly timeframe.
Previous candle has considerable good volume buildup.
Weekly timeframe-price has taken support on 200ema, that lets you know price is in bullish trend.
NOTE: I do my analysis, do your before trade.
📈 Stock Name - Shilpa Medicare Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 462.
🚨Disclaimer: This is not a Buy or Sell...
There is a one more stock Which is showing a great opportunity, stock is near resistance and ready to blast. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Shilpa Medicare Perform beautiful structure.
From this Structure Shilpa Med. Up 10% previous and one thing is supporting of "Approval to Market Smoking Cessation Drug in Europe" on 26/02/2024.
let's see what is next move of SHIPA MEDICARE
Educational Purpose Only
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Shilpa med reversed from the support zone, with buying interest in past couple of days. stock is poised for the levels marked as intermediate. However, the stock is expected to take a big breakout above 400 levels.
Stock: SHILPAMED
Entry Price: 345.00
Stop Loss: 315.00
Target: 430.00
Trade Duration: 45 to 90 days
Rationale:
SHILPAMED is an uptrending stock that has corrected almost 70% from its high level.
It is currently trading on support and today's daily candle is showing a bounce back.
Volume activity is good, which suggests that there is...
BUY - SHILPA MEDICARE
CMP - Rs. 373
Target - 1: Rs. 505
Target - 2: Rs. 630
Target - 3: Rs. 735
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Timeframe - 2 months - 1 year
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Shilpa Medicare shows Continue Buying Volume at Range 250-300 Zone Taking Multiple Support
There & Now it Breaks 300 Level so it is Good For Short to Medium Term Investment..
The stock is testing it's resistance zone - can give a BO above 310. Carry only on day closing basis for 4-5% positional gains.
Learn & Earn,
Dr. Tanya Kumar
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion...
