Position can be considered.
1. SC BO
2. RS55 just turned +ve and ARS -ve
3. Demand, Supply not clear
4. Sector performance lagging
5. FTS 13 to 36
6. Delivery is high
7. Stage 1
8. 1st SL is 6% and the second is RS55
#REPRO trading above Resistance of 828
Next Resistance is at 1016
Support is at 623
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....
Long above 622 for a quick 10-20% kind of play..
The stock will breakout above that and could just continue with its momentum.
WIll keep a tight SL here below 600.
interested in Repro India Ltd. (#REPRO) because it is at the Inverse Head and Shoulders Neckline Breakout. keep it on your watchlist. The most important point is that 2 big bulls (Vijay Kishanlal Kedia and Ashish Kacholia) are also invested in it.#sharemarket #MultiBagger #Nifty
BSE: 532687
NSE : REPRO
I compared REPRO vs. the Nifty and its peers from...
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL...
REPRO INDIA LIMITED can show the bullish movement on 09 aug 2021, above levels are most important for the stock. If REPRO INDIA LIMITED sustains above 405 levels tomorrow then we can see a easy reach towards 423 level. and incase it goes bearish we can easily get 352 level hit. but most probably it can be a gap up on 9th aug 2021.
DISCLAIMER:-
Trading is...
Bullish in the short term after prolonged down move and now above the long term 3/1 support. Target in intermediate term is 725 but the story may not stop there
The stock has given a good break out on heavy volumes after a good round of distribution in volumes in the few weeks! More strength can be seen in the counter going ahead.
onRequest
@meqazi The said resistance hit very early with a higher value. Other thing remain same.
Repro : 414 resistance 430, support 360
Strict stop loss 360
onRequest
@meqazi
Repro : 399 resistance 430, on break 730 support 360
Strict stop loss 360
is trading in a symmetrical triangle , is a continuation pattern, technically speaking it can give a support around 360 and on break og the triangle it can give a move equitant to the wide Hight 300 point from apex ie: aprox 730
caution: I don’t know how it will happen...
