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...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, 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%)
INTRADAY Trading...
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...
A Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:SUPRIYA
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is...
Weekly Swing traders may book Profit near 300
For Long term Investors ; Review your Portfolio Quarterly
High Chances that this stock may reach 380 levels slowly and steadly.
Supriya Lifesciences made a gap up (episodic pivot) on 8th Feb due to its blockbuster earnings, intresting part is even in the carnage of Smallcap & Midcaps the gap has been sustained continuously for 3 consecutive days, and never did it break the low of the EP candle. This shows strength in the scrip and I believe in the coming days once the market recovers, this...
Looks Bullish for short term.
Trying to breakout by forming cup & handle pattern.
Momentum building up rsi >60.
Note: This is just for analysis purpose, please do your own research before punching any orders.
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...
Supriya lifescience has given a range breakout in weekly chart. Stock is consolidating near the support .
Good oppurtunity to long for a Target1 of 400 and T2 450.
Keep sl at near recent swing around 310.
This is just my personal view on the stock .
This is not a recommendation . I am not a SEBI registered advsior.
Thank you !
1. Sector - Pharma/API is showing good strength
2. C&H Chart formation
3. Two dip before the formation will give more strength for coming up movement, as its might throw most of the weak hands.
4. Low Risk/Reward
As per my beginner eye its good to go, lets see what market will teach us.
SUPRIYA life sciences giving BO on daily timeframe, huge volumes these last couple of days showing buyer interest. Life Sciences as a sector has seen some inflows, I remember seeing ZYDUS in the tracker as well a couple of days back and has been in watchlist too.
Keep SUPRIYA in list for a pull back around BO level or to catch when a small base is formed which...
Supriya life sci making bulish reverse H&S pattern. Technical target approximately 20% up side.
Purely educational purposes.
No buy or sell recommendation.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : On result day trail your SL at 15Min Time Frame
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: SUPRIYA
🔍 Description: Stock is around the support of Broadning pattern. We might see bounce from the support area.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
![SUPRIYA: SUPRIYA BO [Weekly]](https://s3.tradingview.com/4/42mtTyRW_mid.png "SUPRIYA BO [Weekly]")
![SUPRIYA: SUPRIYA BO [DAILY]](https://s3.tradingview.com/n/NB2bfGiU_mid.png "SUPRIYA BO [DAILY]")
