Fresh Buy @CMP
TGT - 720 & 750
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
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RPG Life Sciences is showing a confluence of some important technical analysis patterns.
The analysis is based on the longer timeframe chart i.e. Weekly. This is more suited for positional trading or investment and each candle represents activity for a week.
ATH- the stock has broken the all time high of 1 January 2018 on 30 August 2021 and now taken off from...
RPG Life Science Cmp 612 dated 3.9.2021
1. Parallel Channel BO @ 580
2. Volume increasing.
Buy for a tgt 665-735 SL 575
It is just a view, pls trade at your own risk.
Gave breakout and kissed All tym high with good volume , it may give more upside rally .
company fundamentals are good and considerable .
one may enter with stoploos of 590 for short term and 560 down on weekly closing basis . tgt open .
#RPGLIFE (W):- 611.95 CMP, looks good for more upsides :)
1) Multiyear Breakout :)
2) Huge Volume
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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 taking any trade.
Today I gave this stock to our alert tool subscribers as BTST above 495 and it moved till 510.
Tomorrow it looks good above 510 for another good upmove.
The stock has formed a triangle pattern and is having a breakout. The volume increase is a positive sign as well.
Note: This chart is for educational purpose.
RPG Life Sciences Ltd. is engaged in the development, manufacture, and market of pharmaceutical products. It operates through the India and Outside geographical segments. Its products include API, Global Generics, Global Formulation, and Biotech. The company was founded in 1968 and is headquartered in Mumbai, India.
NSE
