SUPRIYA:- Rounding bottom pattern has formed, coming for retesting Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades...
Keep an eye Positional CMP 296 Accumulate to dips near 285 Sl below 258 Target 390-400 zones Will exit on SL or on Target
📌Rejection candle at Retest ✅More Explanation on the Chart SUPRIYA + INH&S Reversal Pattern BO and then rejection at retest + Increased volume + Above Key EMAs
Supriya shows bullish potential due to the following factors 1. Upward channel giving a good range bound move 2. Buying with good volume and candles seen at the support zone 3. Golden cross about to form 4. Bullish flag with low volume We should take the position sizing approach, Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk...
Supriya Lifescience very good fundamental company in which good chart pattern is forming cup and handle which is getting ready to move upto 400
1. Management has been able to turn around things and the Q1 results have been encouraging with YoY growth of 30% on topline and 42% on EBITDA. (PAT growth lower due to higher tax and deferred tax) 2. Guidance has been given for 25 % topline growth. 3. Company has already contracted for maximum 45MT quantity to China (above which ADD gets invoked as per...
SUPRIYA LIFESCIENCE (NEAR BREAKOUT) Ready to Ride Every thing on Chart .. Only for Study purpose.
good break out in the market which is quite negative for the day moving above 200 moving avrg indicators supporting stop loss is always must 245 closing i m expecting 325+ targets in some weeks
Supriya life science From march 23 to may 23 in upward trend & from may 23 to July in consolodation phase & rejected 4 times from 266.85 , now ready to give breakout above 268.15 today formed good bullish candle with huge volume. Rsi-adx-+dmi - RS shows bullishness. Buy above 269-270 Sl 242 Tgt 287-320-353 as per fib level..
Trying to Move after taking sup. will keep stoploss of 15 rs
A stock I have posted about before as well becuase of promoter buying. The stock has broken out and crossed the 200EMA. Long at current price with stoploss below 250.
Prices 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.
The closure of china market due to covid lockdowns has hampered its export sales in FY 22-23... One is expecting trend reversal backed by encouraging Q4 results... promoter purchased shares from open market in march quarter... with china ports having opened from Nov22 it is estimated that export shipments to the china market (which the company is heavily dependent...
Double Bottom Base #SUPRIYA - Stage 2 Strong BO on Daily and Weekly TF - Big Volume on BO - Bullish Daily RSI - Go through the below chart for more explanation 200 EMA is still a resistance
Buy: Now S/L: -5% Bottomed out with huge volumes. Now breaking out from a triengle.
Stock forming a flag n pole pattern. Possible breakout above 225 can take it to 245/255 With SL 215. Study purpose only
Supriya Life sciences long Had been falling from long. Forming some momentum for upmove. Expecting Levels of 232- 294 for it to move north. No recommendations, just my view based on chart.
Buying and selling targets mentioned in chart PRO TIP :- When price moves within a falling wedge pattern, it typically forms a downward trend and then begins to move towards a bullish reversal. The trend lines within the wedge pattern converge, creating a contracting pattern that suggests lower lows and lower highs. As the pattern progresses, traders...