Vijaya Diagnostics looks good Positionally.
#tradeideas #Vijayadiagnostics. Medium/Long-term idea.
🟢Trying to Breakout From base.
🟢HH-HL structure intact.
🟢Good RSI.
🟢Good quarterly results.
🟢Trading above 50 DMA.
🟢Pharma/Diagnostics/Healthcare sector shows
promise.
🔴Volume needs a bit more improvement.
🔴Weak Market and chances of fakeout.
Please do not forget to:
-Manage Risk /Position Size.
-Respect SL
▶️Market Cap₹ ---10,521 Cr.
▶️Current Price---₹ 1,025
▶️Stock P/E---78.5
▶️ROCE---19.5 %
▶️ROE---17.8 %
🟢Trying to Breakout From base.
🟢HH-HL structure intact.
🟢Good RSI.
🟢Good quarterly results.
🟢Trading above 50 DMA.
🟢Pharma/Diagnostics/Healthcare sector shows
promise.
🔴Volume needs a bit more improvement.
🔴Weak Market and chances of fakeout.
Please do not forget to:
-Manage Risk /Position Size.
-Respect SL
▶️Market Cap₹ ---10,521 Cr.
▶️Current Price---₹ 1,025
▶️Stock P/E---78.5
▶️ROCE---19.5 %
▶️ROE---17.8 %
Nota
T1 Hit and crossed within a day. Further addition possible if it is closed above T1Dagangan ditutup: sasaran tercapai
T2 Hit. Got a good 20% in the ultra short term. The structure looks nice. If anyone wants to hold for longer can try doing that. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.