SHILPAMED trade ideas
Shilpamed: Targeting 640 to 717 in a swing with tight SL of 620Hello Traders,
My recent trade analysis have gone pretty well. There is lot of noise around which wants us to believe that market is going to crash but at least till now I cannot see any signals like that.
So here I have found a stock, that has formed a W bottom pattern which is a bullish pattern, has good long volumes, and delivery data is also convincing.
It can be traded as follows:-
CMP, Entry price: 640,
Target: 717
SL: 620
Happy Trading!
Disclaimer: My trading ideas are primarily for education purposes. Please do your research carefully before investing.
PS: I am not invested in this stock and neither I will be trading this idea.
SHILPAMED: GOOD TO GOBuy@CMP
TGT - 670 & 700
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
SHILPA MEDICARE INVERSE H&SDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
but I think its a trick to accumulate shares at lower levelCompanies with growing costs YoY for long term projects
MFs decreased their shareholding last quarter
Degrowth in Revenue and Profit
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Fall in Quarterly Revenue and Net Profit (YoY)
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
High volume, top losers
SHILPAMED is now at 661 from 551The following details where shared on July 11, 2021.
Stock : #SHILPAMED
Buy Option 1 : Buy @ 552 to 558 (30% Stock buy here)
Buy Option 2 : Buy @ 530 to 540 (40 % Stock buy here)
Buy Option 3 : Buy @ 580 to 585. Only when weekly closing is above 585 (30% Stock buy here)
Stop Loss : 10 % as per the buy price or below 491.
Target: 577, 585 Book Some profit here. Follow Trailing Stop loss
Risk : Low
Duration : 1 to 2 week. Target 2 that is 621 will take some time
SHILPAMED( SELL INTRADY 3 JUNE 2021)dekho maine apne views hai isme de diye hai
sabse pehle ap unhe acche se read kare aur apko confidence aata hai aur lagta hai ki sahi bola hai ye
to apki choice hai mere chossen stock me sell kare
meri koi recommendation nahi hai
educational purpose ke liye stock diya hai with case and having target