Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
Shalby Ltd .. Good Hospital chain companies...leader in knee replacement segment.. projected good expansion plan almost doubling by FY26.. CMP: 217 stoploss: 195(wcb) Target: 270/335/415
Let's begin analysis
Today stock SHALBY Ltd
•This stock was listed in DECEMBER 2017 but stock at 210 level work for that time as support but 2018 March this support break down 40 level it's 400+% down from High level.
•after 400% down stock trying hit and breakout 210 level in August 2021 but it work as resistance.
•stock come upto 100 leve from resistance level...
Shalby looks amazing on daily charts. Some correction is expected till 186 levels but it will pullback and move in uptrend. Targets as mentioned in above chart.
