The stock hit UC of 20% and has given Cup and Handle pattern breakout. Though the risk is with Stop loss its far away. Even with last possible support entry point at 279 and last invalidation point its more or less 15%. So if move goes against you be ready to loose 15-16%. Keeping in watchlist it may also continue upward trend but need to watch with caution....
This stock is maintaining a healthy bullish structure. A good buy at 245-235 level.
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:00 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 5-7% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 3% or closing below the low of the breakout candle The levels mentioned...
sl below todays low and itll going to be a rocket #SAKAR a bo by crossing horizontal boundry
Currently at Parallel channel support. Also Bullish Marubozu candle
The price action of most new healthcare stock is bullish, Sakar healthcare is one of them which shows strong breakout. The shot term (3 month) target is 250.
SAKAR HEALTH CARE as per daily chart analysis stock above 168 for a target 177 and resistance is at 181 level. Tomorrow there will be a gap down or initial bearish candles in the early sessions. Watch out and trade profitably.
Hi, This is Sakar Healthcare is now formed triangle pattern. it is waiting for Breakout. Entry @ 167 - 175 Target 2 - 212 Target -1 - 253 Stoploss - 150
Fib retracement and resitance levels are drawn. see for yourself. TRhe indicators are supporting buy Volume is good too. Trend is bullish and that too steady one. Morning star pattern formed.
The stock looks good above 160.5 level for 7-8% further upmove positionally
My idea is for educational purpose. Buy Sakar Healthcare @ 117, more at decline for target of 140-160.
Good to add in watchlist Thanks, Stocks Chandru