ReviveTraders

VBL | Symmetrical Triangle Breakout 🎯

Long
ReviveTraders Updated   
NSE:VBL   VARUN BEVERAGES
â­• Swing Trading opportunity ! 4hr Chart Alert !!!â­•

-- Buy above= 910
--Target = 998
--Stop-loss = 878
--R:R =4.08
--Expected Profit = 10%
--Expected Holding = 1 Months only

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â­•Technical Reasons to trade or Strategy applied :- â­•

1) Symmetrical triangle breakout
2) Volume is good
3) Target is based on resistance level
4) there is 50 ema breakout as well
5) Stock might retest or not

👇Possible resistance zone 👇

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Comment:
it retested the same level & now waiting for some bullish sign .....will let you know
Comment:
stock has made a hammer pattern & a big wick rejecting down side
Comment:
safe can exit fully at cost
Trade closed: target reached:
10.62 % PROFIT
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