Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10-15% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
#ORCHPHARMA trading above Resistance of 1165
Next Resistance is at 1290
Support is at 962
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
#ORCHPHARMA trading above Resistance of 962
Next Resistance is at 1165
Support is at 665
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
Reason for long
a) News based play
b) Super bull set up
c) super vwap breakout
d) weekly and monthly breakout
e) position sizing as per the investors 1% risk principle
f) SL compulsory
#ORCHPHARMA trading above Resistance of 760
Next Resistance is at 962
Support is at 582
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#ORCHPHARMA trading above Resistance of 582
Next Resistance is at 760
Support is at 428
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Shaikhoology's Stock Analysis
#OrchidPhar - 474
Overview:-
Business got into trouble and filed insolvency which was taken over by Dhanuka Laboratories in 2020
MOAT- Company have few patented products (API)
Topline:-
YOY & QOQ improvement seen in recent results.
Profit Growth is Organic and Margin Expansion clearly visible
BottomLine :-
Debt reduction, Good...
ORCHPHARMA:- Cup and handle pattern has formed, breakout not given, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about...
Potential Opportunity as Swing Trade in NSE:ORCHPHARMA and also predicting positive for long term investment.
Technical Analysis Based on Support Line & Fibonacci Retracement
SWING TRADE - RISK TO REWARD - 1:3
ENTRY - 366.50
TARGET - 400.50
STOP LOSS - 356.50
This is for Educational Purpose only, please apply your prudence & consult your adviser before any...
