Medplus view for 20th Feb TuesdayMedplus view for 20th Feb Tuesday Charts for Educational purposes only. Please follow strict risk reward and stop loss if you follow my level Thanks, V Trade PointLongby vichithra5
SWING IDEA - MEDPLUS HEALTHStock seems to be in a very good buying and could potentially witness an upside rally. Reasons are stated below : 750-780 is a very strong support zone. Doji candle formed on daily timeframe. 200EMA support on daily timeframe. 50EMA support on daily timeframe. Stock is in an uptrend. Higher-high formation. TARGET : 848 // 911 // 975 // 1130 // 1342 SL : DAILY CANDLE CLOSE BELOW 750 Longby Visionary_Growth_InsightsUpdated 4
Medplus Health Services Ltd positional setup with 80% gainsChart is self explanatory. Borrowings seem concerning initially but those are lease liabilities. Fundamentally overvalued but turnaround potential is there. India's second largest pharmacy retailer with 4089 stores and expanding. Do your own due diligence before taking any action. Peace!!Longby Swastik240
ready to cross 900 soon.Based on macd and SMA ready to cross 900 soon. Simple moving average is ready to cross 900 supported by MACD alsoLongby pvikas716950
MEDPLUSShowing strength in this week market scenario. gud break out from range in daily time frame supported by gud volume also supported by both the key moving average. 20 & 200 MA BUY ON RETRACEMENT NEAR 795. WAIT FOR RETRACEMENT SL SHOWN IN CHART. TARGET WILL BE UPDATED LATER it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market. Longby DEVA4353
MEDPLUSGud break out supported by volume. u can accumulate next move it may give gud target on next month. Always have risk reward ration in mind Longby DEVA435Updated 7
MEDPLUS: A good reversal stockMEDPLUS Chart looks good It is showing some reversal trend! You can keep this is watchlistLongby NikunjBangad2
MEDPLUS. Elephant candle break out with very gud volume . if there is follow through than there may be gud risk reward in this trade. . 730 will be sl. Longby DEVA435Updated 3
Medplus looking looking strongMedplus Health Services Ltd. is the 2nd largest pharmacy retail chain in India. The company is engaged in manufacturing of private label pharmaceuticals, wellness & FMCG products. It also offers clinical laboratory services & physical consultation services. Medplus operates in more than 3000 pharmacy stores across 374 cities. Medplus Health Services CMP is 813.10. Negative aspects of the company are high valuation (P.E. = 195), declining annual net profits & high promoter pledge. Positive aspects of the company are improving cash from operations annual, FIIs are increasing stake, MFs are increasing stake & no debt. Entry after closing above 828. Targets in the stock will be 871, 945 & 999. Long term target in the stock will be 1051 & 1341. Stop loss in the stock should be maintained at closing below 745. Longby Happy_Candles_Investment1
MEDPLUS HEALTH SERVICE IS AT A BREAKOUTNSE:MEDPLUS is at a range of breakout, at price 780, once the breakout happens MedPlus health may see an upward momentum upto 940 with a stoploss of 673 with a risk to reward ratio of 1:1.5. Thanks....! this is just my analysisLongby dhruvnarola3