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VTL - Bullish Swing Reversal with Volumes
VARDHMAN TEXTILES LTD
Long
VTL - Bullish Swing Reversal with Volumes
By BrahmaBull31
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Jan 11
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Jan 11
NSE: VTL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
bullishreversal
Candlestick Analysis
nseindia
stockmarketindia
Support and Resistance
swingreversal
swingtrade
Trend Lines
volumes
VTL
BrahmaBull31
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