VBL - Formation of FVGs suggest a potential Flag pattern however it appears to be on the verge of formation and yet to be confirmed!
Key levels to watch:
Around 650 range close to the trendline.
Around 680 levels
Pattern confirmation:
Open and Close above 680 range in daily time frame with good volume.
Potential rally:
Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+.
Currently at probable early spot!
#Budget 2025
#FMCG
#Aboard
Key levels to watch:
Around 650 range close to the trendline.
Around 680 levels
Pattern confirmation:
Open and Close above 680 range in daily time frame with good volume.
Potential rally:
Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+.
Currently at probable early spot!
#Budget 2025
#FMCG
#Aboard
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
