VSABO

May 16, 2021

#BataIndia given a #VSABreakOut on daily time frame with RSIStairs giving a buy signal. Stock trying to break out above a long term downward channel. Can surprise on upside. Good to add in cash and add more if stock corrects towards 1265 for a positional medium to long term target of 1556/1645.

May 16, 2021

Note

Disclaimer: All these stock ideas or trade updates shared here are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis this ideas. Objective of posts is to educate and help members learn technical analysis and hedging techniques from my personal trade picks to reduce the risk per trade and save yourself from bigger losses.

All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).

May 18, 2021

Note

First #VSABreakOut then a ultra high volume sell candle, then one #VSABreakOut candle surpassing the high of previous day ultra high volume candle. Above 1462 it can move quickly to 1556. Looks very bullish at the moment.

May 21, 2021

Note

#BataIndia didnt take much time. Almost tested first target up by 125 points.

May 27, 2021

Note

1556 -first target achieved.

Jun 10, 2021

Note

1645 target also achieved. Trade closed.