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I suggest going long on rossari biotech with a tight stop loss below daily candle low. Big moves can be evident from the chart in near future. The signature of Big fish buying is clearly visible. Disclaimer I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in the last...
Above the blue line (Breakout) would take the stock higher in no time.
head and sholder pattern with trend
BUY ROSSARI BIOTECH @CMP OR AT THE ENTRY LEVEL. HIGH PROBABILITY SETUP!
Stock seems to be moving in a parallel channel and has come down for a 38.2% retracement, can go long after TL breakout.
seen breakout earlier in Rossari Bio. this can be the retesting of lower levels. can be a good pick around 849-859 zone only if manages to sustain there, if breaks this zone, may show 830, 820 levels downside. (beware of news, as this view of mine purely based on technical levels).
stocks seems to be consolidated, bullish and crossing above previous high means it can can go up
In 2Hr. Time Frame Draw Trading line for long on Rossari Biotech at Point 700,725,744,754.. it's Support point and 811 is resistance Point. when price Break the Resistance 812 with higher Volume Then Chance To Go Long or the resist the take support on Trade Line. And Also Small Support and Resistance Show on the Chart.
NSE:ROSSARI Leading Diagonal could be any corrective structure as 5-3-5-3-5, or 3-3-3-3-3
since listing Rossari is following the traditional higher highs and lower lows pattern. make positional trade near 760 for target 850 strict stop loss 720
bought at 720.50 pilot position