MEDANTA trade ideas
Review and plan for 21st March 2025 Nifty future and banknifty future analysis and intraday plan.
Few stocks analysed.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
MEDANTA CMP 1235.Medanta is a QoQ and YoY Sales and Profit grower.YoO net profits are increasing consistently.On weekly time frame it bounce from a very important level.Chart show strength in this stock . Daily RSI shows a overbought zone . If sustain above levels we can see a strong rally for targets-1300........1350........1400.Add to your wishlist and how it perform in coming days.(Not a Buy Sell ) Only for study porpose.
GLOBAL HEALTH LTD - Symmetrical Triangle BreakoutThis is still an open candle and need to wait till this candle closes in GREEN on Friday end of the day. If the candle is green and is clearly breaking out from the triangle on Friday, it is a Bullish sign.
On the daily time frame, the daily candle has closed in GREEN, which is a good sign.
The Risological indicators confirm the bullish movement as seen below.
ENTRY:
The stock can be purchased on the daily time frame as the Risological indicators gave the confirmation
EXIT:
Hold the BUY position till the Risological indicator gives a reversal
Exit on first RED candle close on the daily time frame.
OR, Exit if the Risological options trading indicator turns into RED.
Hope this helps!
Cheers!
__All info = educational only__
Pullback Trade in Global Health Ltd (MEDANTA)Stock Analysis
Global Health Ltd (MEDANTA) is forming a double bottom pattern.
This setup offers a very favorable risk to reward ratio.
Trading Strategy
Entry Point: Look for a breakout above the 1500 level.
Target and Stop Loss: Levels are plotted on the chart for guidance.
Stop Loss: Set your stop loss as indicated on the chart.
Target: Follow the target level for potential gains.
This pullback trade setup looks promising. Monitor the breakout and trade accordingly!