Sector: Healthcare & Pharmaceuticals
CMP: ₹513.00
Bliss GVS Pharma is showing a constructive technical setup with multiple bullish factors aligning.
Key Observations:
Trading above the Higher Value Monthly CPR, indicating the primary trend remains bullish.
Price is holding within the Golden Pivot Zone, a favorable area for trend continuation.
The recent pullback is accompanied by drying volumes, suggesting selling pressure is weakening.
Small-bodied candles indicate consolidation rather than aggressive distribution.
Price continues to find support near the 10 EMA, reflecting strong short-term momentum.
Trade Plan:
Entry: On a breakout above the recent consolidation with volume confirmation.
SL: Below the Monthly CPR / 10 EMA support.
Targets: Previous High, followed by R1 and R2.
👀 Keep this stock on your watchlist. A breakout from this low-volume consolidation could lead to the next leg of the uptrend.
For educational purposes only. Not a buy/sell recommendation.
CMP: ₹513.00
Bliss GVS Pharma is showing a constructive technical setup with multiple bullish factors aligning.
Key Observations:
Trading above the Higher Value Monthly CPR, indicating the primary trend remains bullish.
Price is holding within the Golden Pivot Zone, a favorable area for trend continuation.
The recent pullback is accompanied by drying volumes, suggesting selling pressure is weakening.
Small-bodied candles indicate consolidation rather than aggressive distribution.
Price continues to find support near the 10 EMA, reflecting strong short-term momentum.
Trade Plan:
Entry: On a breakout above the recent consolidation with volume confirmation.
SL: Below the Monthly CPR / 10 EMA support.
Targets: Previous High, followed by R1 and R2.
👀 Keep this stock on your watchlist. A breakout from this low-volume consolidation could lead to the next leg of the uptrend.
For educational purposes only. Not a buy/sell recommendation.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.