It looks the end of the down side as the stock gave a BO on daily chart. We can also see that the stock has bounced from the demand zone where we can see max number of candles traded previously. This trade has a very good risk reward ratio as the stock can reach previous high. Buy with a SL below the demand on closing basis.
CONFLUENCE OF 61.8% FIBO LEVEL + SUPPORT NEAR 1265 ZONE + ANCHOR VWAP SUPPORT FROM MARCH 2020 LOWS NEAR 1225/30 HIGH PROBABILITY that it might find some ground here ! a disclaimer - biased ..not a recommendation , do your due diligence
One of the API players thats been hit badly over the last few quarters coz it went up excessively due to over optimism. But now it seems to be fair priced and potentially bottomed out. Long at CMP with SL below 1000. This is a deep SL so take a smaller allocation to start with coz its more on an investment basis for the longer term. Can double allocations above...
The triangular base is forming. May give a breakout in a short time. Look at the long wick on 21/01/22 Any breakout above descending trendline is an opportunity to go long
Neuland lab has been consolidating for around 13-14 weeks & formed a strong base on weekly chart. The base has acted as a strong support, as can be seen in charts script has taken support multiple times. This was also a strong resistance zone when script broke out in Feb 21, now acting as strong support. The stock has seen a relatively low volumes in...
5 waves upmove of EWT completed in Neuland and then it gave bearish Head and shoulder breakdown. After breakdown it created a gap. Price cam to fill the gap and started trading down. Parallel channel is also visible in recent consolidation. Price may do zig-zag within the band giving false bullish EMA crossover to onboard the new investors which missed the...
2 August 2021 According to the trendline pattern, a downtrend has begun. The best level to enter is 1605 if the price crosses the Blu line and the downtrend continues.
NEULANDLAB :: NOT THERE YET ------------------------------------- --- Price made HH Last week after the triple bottom --- Upper Circuits and RSI Momentum are just great.. --- just broke the Trendline Resistance today. --- But,, There is a BIG Supply Zone awaiting (earlier Demand Zone). Those who bought 7months prior are also waiting.. :) --- So,...
CMP 1589, Buy near SL 1300 for target 2900 and above.
If anyones looking for high risk highly rewarding stock NEULAND LABS are the answer Multi year breakout stock with retest getting done and also important harmonic patterns and fib numbers Only problem with stock is its low volumes, and stock moves in circuits also Buy at 1500 levels Stop loss at 1300 Targets : even the previous high is 90% away so thats my...
Tight Weekly Consolidation with recent BO Upmove Volume are dry due stock is in ASM Expected to move out of ASM this month NSE:CNXPHARMA
Note: 1. Views are personal and for educational purposes only. 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... Aftermarket...
- poor results - support broken - next support at 1400 levels - be careful
1250 is the area where i would like to enter for Long.
Can Neuland ride the Pharma Rally. Looks likely. Levels are in the chart. Watch out for your SL CHART STUDY - Not a call
great api manufacturer short term headwinds present follow the instructions on the chart while trading it the long position built on the chart graphically describes the stoploss. Happy Trading 🚀🚀🚀🚀
Stock - #NeulandLabs CMP - 2065 SL - 1945(Weekly Close) TGT - 2350/2725/3400