This scrip is in an uptrend for a while and it's consistently making HH and HL. This scrip had now given a breakout from a triangle pattern with a decent volume and also there's a volatility expansion in BB so there might be a big movement on either of the sides as it had breakout from resistance i expect it to go up.
Swing traders may long now with SL of around...
Zota Health Care is engaged in the Manufacturing & Trading in Pharmaceutical Products.
Company is almost debt free.
Recently Nice range BO with huge volumes.
Company is into health care and pharma distribution.
Now Available at cheap valuations.
Expected 2x from this script.
Today BO observed
If BO happens and...
can buy for swing above 201 if 15 minute candle close above 201.
safe side can buy above 210 .
keep stoploss below 188.
this scrip is illiquid and low market cap stock so invest not more than 5-10% of your capital.
it can be risky and high reward trade.
Having been keeping tabs on this for sometime. Today last 15 mins candle saw some action with volumes and price rise in good sync. If it continues we could see breakout from the triangle. Post b/0 188 is the only resistance for the stock. SL below this weeks candle.
Disclaimer : I am not a sebi registered analyst. This chart is purely for sharing my techniques of...
Zota Health Care Ltd. engages in the manufacture, sale and export of pharmaceutical products. It includes ayurvedic, nutraceutical, and over-the-counter (OTC) products. The company was founded in 1995 and is headquartered in Surat, India.