VINCOFE – Weekly Chart
Multi-week tight base → retest → buyers defending with higher volume.
Low volatility + high-volume breakout + clean retest of ATH zone.
A classic VCP behaviour: supply drying up, demand stepping in.
Above ₹165, this can move fast.
Tracking for a 50% position on breakout with volume.
#PriceAction #SwingTrading #VCP #Breakout
Multi-week tight base → retest → buyers defending with higher volume.
Low volatility + high-volume breakout + clean retest of ATH zone.
A classic VCP behaviour: supply drying up, demand stepping in.
Above ₹165, this can move fast.
Tracking for a 50% position on breakout with volume.
#PriceAction #SwingTrading #VCP #Breakout
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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.