Looking for buy only when a green candle above the line
Shilpa Med : Closed above resistance Need to sustain
Shilpamedicare bullish flag pattern on daily timeframe for swing target of 421 and 462
buy with stoploss of 331 target 376 next 435 good target 500
Reason for long a) Weekly breakout b) QQE, Renko Rainbow and super trend positive c) consoldation breakout SL compulsory
ShilpaMed - Demand Zone 200 224 Time Frame - WEEKLY/MONTHLY Objective :- Now playing around Multi-week support-resistance area. Falling with low volumes. 📝 - Problem - The stocks has strong negative momentum & further declines Indicates. 💡 - GO long near at 200 224 with stops can be maintain 198 we can see upside 272 336 424++
SHILPAMED for SWING TRADE entry in green zone only, seems good for Long from here.. Target, SL clearly given in chart ***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
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Reason for long a) volume and price burst b) channel breakdown c) 3% Risk for SL and 5% for target
Reason for long a) Wedge long b) Good pull back with low bear volume SL compulsory duration 10 days
A symmetrical triangle pattern formed in SHILPAMED Kindly consider the levels of technical educational purposes only
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SHILPAMED breaked a descending triangle in hourly charts. waiting for a retest to enter if retest is successful then our 1st target would be 620 and then 640 respectively.
SHILPAMED buy above 585 stop loss 561/ Target today's high 628/640/640
Shilpa Med has BO'd from a triangle pattern and has started moving up...4% today..targets marked.
Volume breakout at Support Zone. The stock previously taken support at same level. Bulllish Candle at suppotlrt