Eris has a beautiful set up. Breaking Ascending triangle pattern. > We can wait for price to come at the retest level, as everything is mentioned in the chart. >we will only enter when Risk to Reward is in our favour. >Dont just predict ,enter when there is a solid reason to enter. Best of luck everyone. Hope everyone makes smart money.
This is what you end up with after few joints.
stock has given breakout in cup and handle pattern with strong volume and now stock can move towards 746/812 levels in coming days with the help of 595 support level on chart.
It has been consolidating on 15 min time frame, closed near to previous high closes on daily time fame. RSI above 60 on daily chart. expecting consolidation breakout ahead.
The stock has been consolidating in a range for last few days and looks good for further upmove above 685 level.
ERIS life sciences has formed a bullish flag, If you have seen my previous analysis this is a continuation. I am still bullish on this particular one. But wait for a good confirmation before you enter, or a rejection per say.
ERIS has been consolidating in a perfectly symmetrical circle, and if you look closely the triangle forms somewhat a flag. I suppose it should go up, wait for a breakout and a retest. Trade wisely...
Long term reverse H&S formation completed in ERIS LIFE SCIENCE. Breakout of neckline is confirmed with increased volume. Potential 200 points upside. CMP 576.10. Support zone 570-550. SL 520. Long term investment.
Positional Pick - Cup and handle breakout + Good buying volumes. ~570 level acting as good support, created a range around that levels now moving up.
ERIS LIFE SCIENCES: ROUNDING BOTTOM, GOOD DATA AND BIG PLAYER"S AVERAGING POSITION. BUY ERIS at 641 SL: 550 TARGETS: 700/750/775 6 days to 45 days view
Eris Lifesciences is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. The Stock Broke out of a multi year breakout with good volume. RSI is at perfect levels. The stock is bouncing after taking support at 50 & 100 DMA both at the same place. The Company is performing good continuously. An annual...
The stock gave a BO yesterday and retraced back. Looks good positionally above 646.25 level for 7-8% upmove
if close above that black line could become a multibagger
Stock looks good for 1000 in next 6-12 months .. can be added at cmp and on dips to 550 for medium to long term
ERIS has been consolidating for a quite long time. RSI is hovering just below 60 on daily chart. Narrow CPR on daily chart.