ERIS LIFESCIENCES LTD
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Must have in your watch-list

API manufacturing company with India only selling & production . No FDA problems .
Corrected sharply from top. Flag pattern clearly visible on charts .
Flag and long term trend breakout are very very close
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Breakout may happen next week anytime now.
Very positive sign that stock tested support and resistance levels on same day and close very strongly.
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trail stop loss. Up about 8% now
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Shake out happened.
As per my thinking. loose hands are out now and stock may come down a bit but we'll see buying again on lower levels .
Fall happen due to earnings.
Satisfactory YoY results.
Domestic pharma story ,no overhang of USA FDA problem
Volumes are contracting after sharp rise and fall 2 days ago.
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moving bit sideways. not breaking downside trend line.
Keep holding with sL
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Hold with strict stop loss
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flag Breakout failed.
Long term resistance line breakout failed .
wait till strong closing above Long term tread line.
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Stop loss is not trigged yet
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