themis medicare chart pattern with trendline abd levels. posted as to learn technical while observing price movement as per these. no buy sell recommendation.
Stock is making higher high - lower highs and reversal from rising trendline indicates continuation of trend. Can initiate long at cmp for targets of 195 and further 240 - 270
NSE:THEMISMED BSE:THEMISMED
Time Frame – Weekly
Observations : -
* Flag & Pole pattern form breakout above 1380 on Weekly closing basis (WCB)
* Volume increase seen
Resistance – 1437 / 1628 / 1908
Support – 1140 - 1200 support zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational...
Themis Medicare
Fundamentally very strong and backed by the consolidated Pharma Sector
Technically has broken Flag + Pennant bullish pattern
R 1: 1180
R 2: 1300
R 3: 1425
S : 950
This scrip was posted in this platform yesterday and today it gave 10 % returns in just one trading session. I hope our followers had benefited from this post. Kindly like and share it to your friends and needy people. Thanks to all 🙏🙏🙏
The stock was given on 9th Aug and it hit the 1050 target today. HIT the like button if you liked my analysis and also FOLLOW for regular swing trading ideas! For reference, I am attaching the idea suggested on 9th.
This scrip is choosen for short term pick as it is ready to fly in the coming days. So traders keep on your radar to catch the momentum. Thanks to All 🙏🙏🙏
Good evening Friends
Today we are going to talk about themis . The level to watch is990 Remember we are only expressing our opinion on the stock there is no recommendation at al.For detailed analysis watch the video and provide your feedback so that we can improve ourself.
Thank you and Regards.
1) Flag pattern and consolidation breakout.
2) Breakout-retest-continuation pattern.
3) Good volumes at breakout.
Can be bought for a target of 1050. CMP-980. SL will be 948 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
Multiyear Beakout. Triple Top breakout on weekly chart.
If previous swings taken into count, 550 can be first and 620 can be later target for smaller timeframe.
This scrip is choosen as short Term pick up as it is expected to give breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
