Trading_hawk

Long term Cup and Handle Pattern breakout | VMART

Long
NSE:VMART   V-MART RETAIL LTD
NSE:VMART

VMART already gave long term cup and handle pattern breakout. Now it is under retracement.
1) Today it came to test 1st support level 3238. And closed just above it.

2) In coming days if it goes down to test 2nd support level 3130 then let it be. Do not enter in any buying position.

3) And further if it goes down to test ultimate last support level of 2890-2900 and it get support from this level then there will be good opportunity for short term to long term position. But it it gets support from any of above two support zone which are at 3238 and 3130 then from that level it will be a good opportunity to get long/buy position for short to long term.

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