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V Mart - technical analysis 1D chart, Short term

V-MART RETAIL LTD (NSE:VMART)  
tradeGambler  
NSE:VMART   V-MART RETAIL LTD
Trend Analysis Chart Patterns VMART retail retailinvestors india indiaretail
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trendanalysis chartpattern vmart retail retailinvestors india indiaretail
VMART with the market cap of 4300 cr, sales and operating profit of the company are moderately increasing quarter by quarter. All the Retail stocks were currently on rebound from the bottom trend line which gives a strong indicator for holding these stocks for long term. Stock is good to buy as it has upward potential of 50% returns in short term and 100% returns in long term(min 6 years).

Buy --> 19050-2030
Sell- first target - 3000-3200
Second target - 3950-4200
Stoploss/ Average -- 1600-1670


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