MEDPLUS Soars!MEDPLUS Trade Details:
This trade setup on the 15-minute timeframe demonstrated a robust bullish trend with clean signals provided by the Risological Trading Indicator , resulting in all targets being achieved.
Key Levels:
Entry: 687.90
Stop Loss (SL): 683.95
Take Profit Targets:
TP1: 692.75
TP2: 700.65
TP3: 708.55
TP4: 713.40
Performance Analysis:
The steady uptrend, aligned with the dynamic moving averages, validated the long trade setup. Each profit target was systematically breached, emphasizing the accuracy of the entry and exit strategy.
Trade Outcome:
This trade proved to be a stellar performer, with all targets hit in quick succession, delivering exceptional results for intraday traders.
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Medplusanalysis
Medplus Health Services Ltd positional setup with 80% gainsChart is self explanatory.
Borrowings seem concerning initially but those are lease liabilities.
Fundamentally overvalued but turnaround potential is there.
India's second largest pharmacy retailer with 4089 stores and expanding.
Do your own due diligence before taking any action.
Peace!!