My selection criteria as follows dor swing trade. The stock corrected from high and tale sport on EMA. The RS is strong. The rsi look above 50 and show upword moment. The close is above EMAS. . . It just for education purpose.
Buy @ cmp & in dips till 53 | WCBSL 45 | Target 85 / 93 / 108+
INDRAMEDCO breakout with volume and re-testing, right time to buy but buy small qty as NIFTY is not in a good mood.
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Stock above 20 DMA Macd indicator is giving cross over 95 is possible in this stock
Indraprastha Medical has given a good multiyear break out at 77.20 with decent volumes and candlestick pattern and recently retested the same level. So it can be bought at cmp 85.50 or on dips up to 75 for the targets 102 / 115 / 128 / 141 / 154 with a strict sl of 65. Its Final Target is likely to be achieved in a medium to long term. All charts posted here are...
Good Structure observed in Indramedco For movement play buy above 96 SL below 65 Target 112-121 good support near 75-72 volumes picking up in uptrend and dry up in consolidation Fundamentals:-- Market Cap-- ₹ 809 Cr. ROCE-- 20.5 % ROE-- 17.4 % Company is almost debt free Mcap FF (Cr.)--- 395.97 Please maintain SL closing basis as this is small cap stock Risk...
stock change its trend from no movement box channel to forming flag-pole pattern along
Buy above 75 Target 108 SL : 65 Risk is yours and Reward is too yours
A proper restest after breakout and continuation. CMP is 90 and can be bought for a short term target of 95. Please Like and follow! Happy trading :)
Solid M breakout in works,volume coming in. 100 possible.
Looking for a breakout Tomorrow if opens above current candle then could be a buy option.
indramedicos giving weekly BO once crossed 70 level will be interesting
59-60 zone is the supply zone. Prices are getting rejected every time they go into that zone & return back with beating. Not a good stock- looks like it will stay in that zone for a while & once it leaks from bottom then we shall look for medicines for them. Regards, Abhishek H. Singh, CMT
As per previous update 5-7 days back - 59-60 was the supply zone & Indramedco Slip -I love you. Happy as it turns exactly from the supply zone.