VINATI ORGANICS --POSITIONAL Long

VINATI ORGANICSNSE

Description

⋅ Nov 10, 2022 3:59 AM

VINATI ORGANICS --POSITIONAL -- DAILY CHART --SETUP

1. VINATI ORGANICS seen daily chart at trading upper channel

2. stock seen following Support at supportive trendline consecutively,

3. Resistnece breakout seen above 2100 LEVEL on daily chart

4. trix line seen at oversold level double bottom support and bullish crossover seen at this line , short to mid term bullish indicator

5. trendline breakout seen at same level

6. this quarter result look very good growth on revenue and profit margin too,

7. one can initiate buy above resistance breakout line 2100 for positional target 2150-2200-2300 ( 1-2 month ) stop loss bellow trendline support 1850

THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own Risk !

HAPPY TRADING .!1

Comments

amanpa716

⋅ Nov 11, 2022 3:07 AM

bought at @2105 yesterday lets see, thank you champ

champtrade111

⋅ Nov 11, 2022 3:51 AM

@amanpa716, ok. this is correct level to buy as per chart. and since fundamentals are improves on revenue and profit side this quarter that should reflect on price wise too. so will get the target , hope for best. thanks