WEEKLY TF ANALYSIS
As we can observe the chart on weekly and daily TF it is making a good CUP AND HANDLE pattern. And we can see stock has retested the level of 600, if price sustain then below 610 is a good area to plan a LONG. As I have marked the levels 818 can be the TGT, and we can see kind of resistance at 775 , 575 should be support zone. I am...
stock looking good above resistance line taken multiple time resistance if break resistance upside movement possible
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
Buy abv 740 close in weekly for upside confirmation.
Target - 900 , 1000
2nd scenario keep accumulate now. if u know the fundamental analysis.
Because I covered only technical.
Nice cup and handle breakout with volume happens in Thyrocare. It’s also a breakout on the weekly chart. Thyrocare comes out from stage 1 into stage 2. Let’s see what happens
Dear Followers,
I hope this message finds you well. I wanted to share my swing trade view on NSE:THYROCARE with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Stock: NSE:THYROCARE
Holding Time Frame: 90 Days
Entry Point: Above 600-605
Stop Loss Point : 540
Target Point:...
Value buying always gives best returns, invest in best companies when not participated in index journey....good for next two years .......DOUBLE target
Thyrocare : 568.30
trade set up : one (buy at support with stop loss trade)
1. buy up to 560
2. keeping 520 as closing basis stop loss
3. targets : 608 / 666/ 710 / 750 / 810+
trade set up : two (buy at breakout with stop loss trade )
1. buy above 610
2. keeping 570 as closing basis stop loss
3. targets : 666/ (710 handle measured tgt) / 750 / 810+ (cup...
Interesting chart pattern is observing. Stock has corrected massive from the high of 1464 to at 415. Almost 72% corrected from the high.
Stock has made “CUP AND HANDLE” pattern and currently stock is trading on 200 DMA level. This is the interesting zone because stock is taking support on 200DMA level.
As per my opinion this is the good to accumulate the stock...
Breakout was good, We expect the move 10% Within a Week.
Note : I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
Thanks & Regards,
RK
Bullish view on Thyrocare
Buy above 525+
SL 497
Target 700+
Follow risk management
Disclaimer - This is not a buy and sell tip it's only for educational purpose analysis.we are not responsible for your profit and loss.
Swastik capital
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Stock Trade Idea levels for 18th April, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan...
Stock Name - Thyrocare Technologies 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 710
#This is not Buy and Sell recommendation to any one. This is for...
