ALBERTDAVD trade ideas
ALBERT DEVIDPRICE IS KEEP ON TRYING TO BREAK THIS SIGNIFICANT LEVEL..BUT FAILS EACH TIME..IF IT BREAKS THIS LEVEL AND MAKES THAT LEVEL AS SUPPORT THEN GOOD UPSIDE MOVE WILL COME..FOR A LEARNER ITS A GOOD OBSERVATION
4 Time VCP + TL BO & Retest: ALBERT DAVID 💊ALBERTDAVD Daily: CMP LOOKS GOOD FOR MORE UPSIDE
1) 4 Time VCP
2) 1 year Trendline Breakout + Retest
3) Pharmaceutical Company
ALBERTDAVD , possibly long?While is seems to travel in a perfect channel and trying to break the resistance, this might be just the time. At the current price of 473.30, this could be an excellent addition to your portfolio. One can expect 2%-5% in a month. On a daily chart, RSI is at 58, which is considered neutral, neither overbought or oversold ,and MACD 9.54 ready for a bullish crossover.
BUY ALBERT DAVIDit has formed inverse head & shoulder. it is advisable to buy in 2-3 parts between 494-485 as it may retest its breakout level at 478. we may see 578 in coming days. view negated below 450
Albertdavd for short term investement.480/- is a long resistance for Albertdavd, from last 3 days volume is good as well as candle formation is also positive so if the same crosses 485/- + with good volume it could be the best script for next 10-15 days for the target of 510/- to 520/- .
albert david - longfundamentally stronger than cipla, cadila etc... buy, hold, forget !!! this is a wealth creation pick
#ALBERTDAVID looking good for a SHORT TERM TARGET of 15-20%NSE:ALBERTDAVD
The structure looks quite appealing.
- Consolidation for the last few months seems over.
- Sharp rise from established DEMAND ZONE and consolidating near resistance line.
- Buying volume seems much more convincing than the selling. Can give a good 15-20% rally to the next supply area .
- Halting near resistance line . Seems to soak up all the selling pressure.
** Entry can be made immediately upon breakout or upon retest of the down trendline.
Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.
P.S - Likes will be appreciated along with your insights in the comment section as well. Thank you.
ALBERTDAVD- CUP AND HANDLE PATTERNALBERTDVD has moved 400 to 583 and now stock can move toward level 800-1000+ and there is strong support at a range 480.
