Supriya Life sciences - BreakoutIf the stock can follow thru above 695 It makes for a good short term ATH Breakout trade. The stock broke out on Tuesday and a follow thru could lead to some sort of a vertical move.. Stoploss for the trade will be below 670. by rdkriplani9
Cup and handle in SupriyaChart -> Supriya Lifescience Daily Cup and handle all time high breakout with volume pop-up. CMP: 690 Good Range To Buy: 670 to 700 Targets: 775, 835 SL: 628 Daily Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.Longby kathanthakkar4033
SUPRIYA - CUP & HANDLE PATTERN BREAKOUT ON DAILY CHARTThe chart of Supriya lifescience shows a Cup and Handle pattern, a bullish continuation pattern suggesting the stock is poised for further upward momentum. Here's a detailed analysis: Prior Uptrend: The stock has displayed a strong uptrend leading into the pattern, which is essential for validating the Cup and Handle formation. This indicates bullish sentiment. Cup Formation: The rounded cup spans approximately 9 weeks, representing a phase of consolidation where sellers lose momentum, and buyers gradually regain control. The curve shows a smooth decline and recovery, signaling accumulation by strong hands. Handle Formation: After the cup's peak, a short-term consolidation below the resistance level forms the handle. This handle allows weaker holders to exit, reducing overhead supply and preparing for a potential breakout. The handle appears relatively shallow, which is considered a bullish sign. Breakout: The breakout above the resistance line occurs with a noticeable spike in volume, confirming buying interest and signaling the beginning of a new upward trend. High volume during the breakout adds credibility to the pattern. Target Calculation: The projected upside is calculated by adding the depth of the cup to the breakout level. Key price targets post-breakout are ₹744, ₹807, ₹850, and ₹900, marking significant Fibonacci or psychological resistance levels. Volume Analysis: During the breakout, volume surged significantly, validating the breakout strength. Declining volume during the handle phase further supports the pattern's reliability. Risk Management: A stop-loss can be placed below the handle support, around ₹645–₹650, to manage risk in case of a failed breakout.Longby Profit_Trader251
Supriya Life - BreakoutWith fresh capacities coming online + decent results and guidance + not so crazy valuations. The company could do well going ahead. Long at current price with a 10% stploss..so only 5% allocation for now in the stock coz the Stoploss is deep. by rdkriplani6
Supriya- A breakout done for potential multibagger returns!Supriya Lifescience stock has given a beautiful rounding bottom pattern breakout in weekly TF Stock has consolidated above the breakout level which shows strength of breakout. Above 650, stock can fly towards 1000 levels. Keep in watchlist. Not a recommendation.Longby chartistamey10
Supriya Life - Pullback TradeGood numbers by the company and expansion to 2x capacity complete. Just awaiting US FDA approval now. The company has a good growth trajectory going ahead...modestly valued at 30 PE when you compare it to other pharma names most of which are trading at over 50PE.. There could be some rerating here too.. If it pulls back to 570 I think its a buy with Stoploss below 520. Longby rdkriplani2
Supriya - Falling Wedge BreakoutSupriya Lifesciences : Falling Wedge breakout done Sustaining 630 levels is crucial for upmoveby roshansai2
Supriya Lifescience Ltd - Breakout Setup, Move is ON...#SUPRIYA trading above Resistance of 601 Next Resistance is at 868 Support is at 437 Here are previous charts: 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. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli225
SUPRIYA - Breakout with VolumeSUPRIYA - Good breakout with volumes in the Daily timeframe after more than 1 year. The chart indicates a good upside potential of 15% in the near future. The company also has good fundamentals with good growth potential. Longby SwingtradesbyAbhishekUpdated 118
Supriya Breakout LongDate : 01-09-2024 ------------------------------------- Breakout (PICK RESEARCH TO OBSERVE) Supriya Looks Good Above 550 SL 390 Target 585, 600, 691, 836, 981++ Hold Period : Few Weeks to Months Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI0
Forgotten Supriya climbing a mountainQ1 results on saturday... share price stuck in a triangle with 424 ish offering resistance... if the performance pleases the market then it may go on to 518 which is the target of the triangle and thereafter proceeding towards the resistance area of the parallel channel within which the stock is travelling... ofcourse, stop loss is if and when the share price closes below the triangle boundary...maximum timelines to achieve the stated target and breakout is in the chart..Longby Rocky_ChowUpdated 0
SUPRIYA LIFESCIENCEPrices have overhauled its downsloping trendline resistance. Weekly RSI has also cleared its previous peak, suggesting signs of reversal of downtrend. Prices are likely to head to 380-435 zone where a lot of trading activity has happened earlier. Bullish outlook remains valid as long as prices stay above 220. Longby CourtroomInvestmentsUpdated 4
Supriya LifesciencesGoing to break out ipo base Good accumulation Base formation Looking good abv 515 closing on weekly support @450 Targets 600 700 short term TradeLongby jankur1681
SUPRIYA - Cup And Handle Breakout~ #SUPRIYA - Stock is trading above breakout level ~ 2 months Cup and Handle breakoutLongby Profit_Trader25112
LONGSUPRIYA LIFESCIENCE LTD CMP: 449.90 Weekly Chart Key Study Points: - Rounding bottom breakout Longby TheWolfNetwork0
Stock Is In Strong Uptrend & Now It’s Ready To Break Resistance - The stock has been in a strong uptrend, forming higher highs and higher lows, confirming a bullish trend. - A significant liquidity zone was created around INR 320 during the election results day, providing a solid support level. - The stock is currently trading near the 0.5 Fibonacci retracement level at INR 422, which is a crucial resistance level. - Breaking above this level with volume can lead to further upside, targeting the 0.618 Fibonacci level and higher. - Recent price movements are supported by increasing volume, indicating strong buying interest. - The volume spike on the breakout above the trendline signifies the strength of the upward movement. - Immediate resistance is at INR 422, which aligns with the 0.5 Fibonacci retracement level. - Support levels are at INR 380 and the trendline support at around INR 320. - The RSI is currently above 50, indicating bullish momentum. - The RSI needs to maintain above 50 to sustain the bullish trend. - The latest quarterly earnings report showed a significant increase in revenue and profit margins, driven by higher demand and improved operational efficiencies. - The company reported a revenue growth of 18% YoY and a net profit increase of 22% YoY. - Supriya Lifescience recently announced the expansion of its manufacturing facilities, which is expected to increase production capacity by 30%. - The company has secured several new contracts from major pharmaceutical companies, enhancing its revenue visibility. Longby Marketik11
SUPRIYA: Strong Breakout Stock!SUPRIYA: Strong Breakout Stock! Patterns: Inverse Head & Shoulder Pattern on Weekly & Daily Time Frame Volume: Massive increase observed Price Targets: 445 / 475 / 515 / 525 / 630 Stoploss: 375 WCB Disclaimer: For Educational Purpose Onlyby financebysujit0
SUPRIYA bullish; above 430 ? - Friday 2nd Aug.SUPRIYA: Bullish if ~3-month long Consolidation @425 is broken on good volumes and sustains. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%) Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose.... Longby JJ_BreakoutsUpdated 0
Supriya life science swing/positiinHello👋 Today I have picked one more good volume stock.. Name is Supriya life science. Today stock moved 5 ℅ momentum positive.. HH & HL price .. Cup & handle pattern seen on daily chart... You can buy in parts. Don't deploy your money in one shot. It's not buy / sell recommendation. DYOA🙏 Thank you. Longby ajnil871
SUPRIYA (head & shoulder) SUPRIYA (head & shoulder) targets are open 1st 360 , 2nd 410 SL .. always 5 % below already i share my study prediction on this stock but see on chart you can see following points 1) cup & handle . 2) Descending Triangle Pattern with break out . not retext. 3) support & resistance and added is 4) Head and shoulder some day may be stock going up . good fundamental stock . Company has reduced debt & almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 27.9% . Shareholding Pattern is Promoters 69% FIIs 5.% Dlls 7.% and Publics is 19 % I share link with below my already share check out for MORE check in my TradingView ID If You LIKE MY Idea ……Boost………….. its “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thanks Longby asAMOLSUTARUpdated 119
SUPRIYA BO [Weekly]A little late to track this, should have spotted this as it was near BO last week. Anyways, the stock is at BO pivot point right now and its a large weekly base, So this can be a good entry point for large base weekly BO tracking people. RS score is above 80 now and it has slowly creeped from 62 from last week of March to above 80. So certainly momentum is there and this BO can push ahead as large weekly bases generally has lower risk of higher overhead supply. Will track this and comment further on the action. Cheers :)by HawkishDove2
Supriya Life-A picture perfect IHNS breakout!If you are a pattern breakout trader, you will definitely love this idea! Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal. Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for tomorrow's closing before entering. A must stock to keep in watchlist!Longby chartistamey6