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 %
Note
T1 Hit and crossed within a day. Further addition possible if it is closed above T1Trade fermée: cible de profit atteinte
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. 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.