THYROCARE trade ideas
THYROCARE | Nice retracement & RSI divergence in smaller TF |25%THYROCARE | Nice retracement and RSI divergence in smaller TF - Looks good for almost 25%
CMP : 988 (Can buy upto 960)
SL : 930
Target : 1200
Kind of 1:4 risk reward setup.
Similar patterns of HCLTECH, TCS
Thyrocare technolBuy AT 1033.00
Stop loss 940.00
Target 1180 easy one
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly and trade wisely
bullish flag breakoutSee the chart for details .
volume is high.
W shape formed in RSI
Flag chart
All three indicate bullish breakout is on the edge. keep it on radar.
THYROCARE, ALMOST 5% MOVE IN 10 MINUTES (CHART# 346)THYROCARE was one of the LIVE trade given at 9:42 today (26-Oct 20) when it was trading at 1104 to buy above 1111.
Within minutes it triggered and made intraday high of 1165 (54 points from entry). My target was 1150 with 1093 as stop loss.
We also earned good profit (3.5%) in JUSTDIAL which was again shared well before breakout & move.
Chart when this recommendation was shared with group
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
Strong MomentumThe stocks like lalpath, thyrocare and metrolpolis have entered a new zone. I won't be surprised to see another 30-50% upside from current levels.
See the POWER of ACCUmulation !We Can see what happens when ACCUULATION Takes place . The ONLY difference is how we entered the ACCUUMLATION Phase A !! IF we can learn this we can end up with 25 to 35% in very short time !!
One Right Trade's Swing Trade Idea #169 : Long on THYROCAREThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Thyrocare - Bullish Flag pattern breakoutNote: This is for educational purpose only.
There seems to be a bullish flag pattern breakout with ultra high volume. There seems to be a bullish breakout in RSI as well. RSI above 70 indicates overbought and hence, expecting a side ways movement. The price has broken 52 weeks high as well, hence expecting a good up move.
Buy in dips till ₹833 - ₹835 levels
Thyrocare Technology - Cup and Handle patternPlease note: This idea is shared for learning purpose, do your own study and take trade based on your study
Thyrocare Tech. has formed a cup and handle pattern which is a bullish pattern.
First target - 840+
One Right Trade's Swing Trade Idea #122 : Buy on THYROCAREThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it iff you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
good to go
waiting for 590-580 to initiate long. the base formation then volume breakout both are good.
BullishIf the closing on date is above 589 one can hope to see a trget of 655 met in intermediate term
