Date: 07 May 2021 Neuland Labs Cup and Handle pattern
My idea is for educational purpose. Buy Neulandlab @ 2500 for short term trade.
1. Long signal on Neuland Labs 2. Bullish Engulf 3. Ready to fly to 2840 4. For educational purposes only
Simple Price Action analysis. Breakout from a flag pattern. The stock could just keep climbing hereon or there could be a small dip on account of the round bottom formation (CUP). If there is a pull back then a Cup and Handle Pattern would be in formation . Either case the breakout level is 2380.
Even in the present weak markets ,API manufacturing companies are looking strong Note: Just for educational purpose
NSE:NEULANDLAB Levels already mentioned.. Good for intraday to Swing... Appreciate our work by like, share and following.. Note: 1. Views are personal. 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...
Neuland forming Pennant well with falling volume it may give BO soon and expect 2550 levels.
please read my notes properly before making an judgement.. I had enetred the stock at much lower levels and also booked profits in it.. i m holding some for very very long term.. Offcourse with a SL
Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold. In limelight today we have Vijay Kedia. He is involved in the market since he was 19. Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential . ...
THIS IS MY OWN TRADE AND MY MOST CONVICTION STOCK I PLAN TO HOLD THIS STOCK FOR VERY VERY LONG TERM.. NEULAND ALSO POSTED BEST RESULTS IN ALL QUARTERS ON 02/02/2021.. FUNDAMENTALS ARE GETTING BETTER EVERY DAY AND EVERY QUARTER
Short below 1329 for TGT of 1300-1290 JUST a view better seek professional advice..
Monthly Long Term Chart In channel currectly covered Half of channel where its consolidting. This time from channel low stock bounced with Huge volumes. With current support at @ 900 levels.