Support at Rising Trendline:
The daily chart indicates that NEOGEN has found support at a rising trendline. This is a positive signal, suggesting that buyers are stepping in at this level.
RSI Support and Positive Divergence:
The Relative Strength Index (RSI) is showing good support. Positive divergence in RSI implies that, while the stock price is making new...
Flag pattern breakout is clearly visible on the daily chart of neogen chemicl stock with decent volume sprut. A long entry can be taken at this point , for a near term target of 1900 in upcoming months.
I am not a sebi registered analyst. so, do your own research before taking the trade.
Very clean breakout in neogen , keep the stoploss at 1633 for the target of 1750-150-1900 in short to medium
Fundamentals of stocks
PE-81.93
ROE-11.88%
MARKET CAP-3985CR
NSE:NEOGEN
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult...
NSE:NEOGEN
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult...
NSE:NEOGEN is consolidating in a rising channel pattern.
Price is at support of the channel. Good opportunity to buy and hold for big money.
Exponential move if price breaks out from this channel.
Place sl below the channel (below day's low)
Potential 1:10+ trade. Don't miss out!
Position size accordingly. Low risk high reward trade. HAPPY TRADING!
NSE:NEOGEN is in a beautiful structural uptrend, wherein the ascent of the trend is becoming steeper with every other breakout.
Price has currently retraced after it gave a breakout 3 weeks back. A bullish flag like pattern is made in an hourly timeframe from which it has also broken out.
Safest bet is to enter entire position at the current market price, and...
NSE:NEOGEN
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult...
Neogen Chemicals is in a good channel. Let's see when and how it breaks it. I'm sitting on the bullish side with this one. Some people might also call it Darvas Box.
