Vaibhav Global Limited (VGL), is in the business of global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK. Logic: Stock is consolidating since few months after a huge fall and is trying to give breakout of consolidation. It can be a sign of accumulation breakout. It is a wedding season and stock can show some quick moves after a breakout. Risky trade.
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Keep an eye on this breakout
Trade active
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Breakout done with decent volumes. Stock might fly once 510 is crossed
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Retest done yesterday. If 520 is crossed, can expect big move