Neogen Chemicals LtdSmall cap share,
FII and DIIS's increased their holding,
breakout in triangle pattern (with volume) ? ,
then only target as on the chart.
Trade according to your financial adviser.
YOY ,Very good results.....
NEOGEN trade ideas
NEOGEN CHEMICALSBreakout happend in this stock with rising 200dma and RS indicator is also showing strength.
Keep your risk and reward ratios according to your own preferance.
This is for educational purpose, do your own research before investing.
Double BottomGood volume buildup in daily timeframe.
Double bottom Breakout with good volume.
Fundamentals are good.
FII stakes are up.
NOTE: I do my analysis, do yours before trade.
NEOGEN CHEMICALS BROKEN Neogen chemicals broken strongly after 2yrs of consolidation
target comes around 2400,2600 with stop 1840
Neogen chemical Neogen Chemicals Ltd is in a bullish trend but currently consolidating in a descending channel. The stock price is ₹2,125.40, with support at ₹2,016.92 (20-day EMA) and ₹1,914.80. A breakout from the channel could signal further gains, while a breakdown below ₹2,016.92 may lead to a decline.
Neogen Chemicals near 2.5 years breakout zoneNeogen chemicals trading near breakoutzone with high voume
Neogen long idea for fast 1900 tgtBuy Neogen for fast 1900 tgt from CMP 1608...
After making good bottom twice n recent price action shows faster moment is possible towards 1900 then 2100
NEOGEN CHEMICALS: High Conviction Trade w/ 70%+ Upside PotentialNSE:NEOGEN
Building Momentum: The stock is gaining strength, bouncing from a key demand zone.
Targets & Stop-loss :
TP1: ₹1780
TP2: ₹2600
SL: ₹1374
Breakout Potential: Once the high of ₹1931 is breached, expect a strong upward move.
High Conviction: This trade represents a high-conviction opportunity with significant upside potential.
Analysis of NEOGEN (NEOGEN Corporation)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 lows, the RSI is not, suggesting potential upward strength.
Harmonic Bat Pattern:
The identification of a Harmonic Bat Pattern adds a technical aspect to the analysis. Harmonic patterns are used by traders to identify potential trend reversals.
Proposed Trade Strategy:
Entry: Consider entering a long position at the current market price (CMP) of 1500, given the support at the rising trendline, positive RSI indications, and the presence of a Harmonic Bat Pattern.
Stop Loss (SL): Implement a stop loss at 1480 to manage risk and protect against unexpected price fluctuations.
Target: Set a target at 1553, aiming for a potential price increase based on the identified technical factors.
Conclusion:
The technical analysis suggests a bullish outlook for NEOGEN, with the stock finding support at the rising trendline, positive RSI signals, and the presence of a Harmonic Bat Pattern. However, it's crucial to conduct further research, consider overall market conditions, and apply risk management strategies before making any trading decisions.
Please note that trading involves risks, and it's advisable to seek advice from a financial advisor or do further analysis based on your risk tolerance and investment goals.
NEOGEN CHEMICAL LONGFlag 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.
NEOGEN BREAKOUTVery 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
NeogenAdx positive , pivot point breakout , bollinger band used for direction and stoploss. Invest at own risk.
Neogen Looks goodNeogen Chem looks good. In an attempt to breakout.
Wait for clear strong candle.
Have taken pilot position at 1640.
NEOGEN CHEMICALS Cup and holding patternCup and holding pattern
Fundamentals are good - huge capex is expecting to announced in coming result and BOD meeting
NEOGENNSE: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 your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
NEOGEN..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 your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
NEOGEN CHEMICALS BIG ENTRY 1:10NSE: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!
Neogen Chemicals 🎯 2000+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 buy more when price dips. Easy 2000 target from here within 1-2 months. If price sustains above 2000, targets further extend to 2400 levels.
Do add this stock to your portfolio. It has already given multibagger returns(240% annualized) and shows no bearish signs. Place stoploss below 1490 and Hold tight.
Follow strict risk management. HAPPY TRADING!
NEOGEN..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 your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
neogen trend analysisThe channel looks like it may continue.
a bullish engulfing is a clear confirmation for a buy.
