DebasisT

V-Guard: Potential Long

Long
NSE:VGUARD   V-GUARD INDUSTRIES

  • Trying for a continued bullish movement, gave a breakout of inverted h&s
  • Trying for a retest of the breakout zone
  • 325 to 335 remains to be a supply area, we need price to sustain above these levels with a good volume for us to give a bullish confirmation.
  • Early entry can be made but little risky, early entry with a strict SL to be followed.
  • Momentum picking up RSI >60.


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