Vijaya Diagnostics looks good Positionally.

8 Kas 2024

#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 %

8 Kas 2024

Not

T1 Hit and crossed within a day. Further addition possible if it is closed above T1

22 Kas 2024

İşlem kapandı: hedefe ulaştı

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.