Break of parellel channel1.Volume is good
2.resistance has been tested for more than 100days
3.rsi from support
more possible for gap up
target 136.139+
SMSPHARMA trade ideas
SMS PHARMA 1WThis is enter on pullback trade with my own strategy. And this is lower high so if we will be wrong there will be a small loss nut with big targets.
1st tgt 160
2nd tgt 200
BREAKOUT, SMS PHARMA, 45% RETURNS!!!BUY - SMS PHARMA
CMP - Rs. 134
Target - 1: Rs. 172
Target - 2: Rs. 196
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Timeframe - 4-6 months
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Technicals - Cup Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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SMS Pharma Analysis Stock has given strong BO on daily and weekly chart with massive volume, heading to complete round bottom pattern, follow chart for proper support and resistance.
On the verge of breakout above 105 on DTMFSMS PHARMA
On the verge of breakout above 105 with good volume since last 4 days on DTMF. Rsi, adx, +dmi & rs are bullish...
Buy above 105 on daily close..
Sl 91
Tgt 114-158-198
SMS Pharma Long Term Story - Weekly Charts signaling ReversalSMS Pharma can be Good Long term Investment with Pharma Sector showing the Buying Interest Again.
Weekly charts suggest Reversal in Trend & the Long Term investors can be rewarded by 2x-3x Returns in coming Years.
Targets Given purely based on Technical charts & No Fundamental Analysis done. Please do your Homework before taking any call on stock.
Happy Investing to my Friends!!
SMS PHARMACEUTICALS - 12.11.2022 - BAHAVAN CAPITAL SMS PHARMACEUTICALS as per day chart analysis Stock ABOVE 106 TARGET 111
Happy Profitable Trading to All...
SMSPHARMA- Ichimoku Bullish Breakout Stock Name - SMS Pharmaceuticals 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 106
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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SMS PHARMA Weekly Bullish for High risk Trader/ InvestorSMS Pharma is looking strong for big upside. Only for high risk trader/ investor. All EMAS allign together and volume is good.
Monthly price is above 50 EMA
Monthly MACD uptick after down
Weekly price is above 50 and 200 EMA and challenged upper bollinger band
Weekly RSI is in momentum
ADX is strong
SMS PHARMACEUTICALS ON 1D CHARTS Completing head and shoulders formation on 1 D charts with price action and good volumes . Sns can reach upto
1st target 94
Stop loss bottom ( gead)
SMS Pharma - Negative trend reversalSMS Pharmaceuticals underwent long downtrend from 198.8 on 05/08 to 116 on 20/12. This trend seems to have gotten over with Higher High and Higher Low pattern since 20/12.
Pattern:
1. Higher High Lower Low on Daily basis from 20/12
2. Cup and Handle Pattern beginning from from 04/11/21
Technicals:
1. Positive RSI Divergence
2. RSI Cross over on daily basis
3. High Volume after creating higher high, along with a 2nd green candle
SL: 120
Upcoming sessionIt should be go up or down more than I drow .
If break the zone.
I drw jst small target for book only profit purpose
SMS Pharma Ascending channel patternNSE:SMSPHARMA
- Two ascending channel patterns (one long period & one short period).
- Breached long period channel and retested the top channel.
- Still traveling inside short period channel.
- SMS pharma is a good bet but wait for the good entry.
Note: Personally waiting for some dip. It never had a major fall after the recovery from April 2020.
Expecting Breakout ✌✌This scrip is beautifully forming a unique pattern, so traders keep on your radar and to catch the momentum.
SMS Pharmaceutical Channel BreakoutNSE:SMSPHARMA Levels are Mentioned in the chart... Good for swing trade...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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SMSPHARMA Trendline | LONG| Stock is in clear uptrend making Higher highs and Higher lows with small corrections .The upward moves are additionally supported with volume spikes creating a strong bullish bias.
Should give a blast move in coming days.
2.5 RR
SMSPHARMA - Buy IdeaSMSPHARMA is a budding smallcap company which is improving its fundamentals in Pharma industry. The company is sure to grow backed by strong demand in pharma sector.
