#DREDGECORP - VCP + Large Base BreakOut Script: DREDGECORP
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame
📈 Volume spike during Breakout
📈 Large Base BreakOut
📈 MACD Crossover
BUY ONLY ABOVE 970 DCB
⏱️ C.M.P 📑💰- 968
🟢 Target 🎯🏆 – 22%
⚠️ Stoploss ☠️🚫 – 11%
⚠️ Important: Market conditions are Okish, Position size 25% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
✅ Boost and Follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Not a BUY or SELL recommendation.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Largebase
Large Base Can Potentially Find ''MULTIBAGGER STOCKS''Nagreeka Exports has BO of long 4.3 yrs base with 7x volume . Can be bought on every dips for the target levels as mentioned on the chart.
Educational Points
Large Base
1 - Early rally
2 - First point of profit booking/sell off
3 - Base formation after profit booking/sell off - this is the point to consider adding the stock to the watchlist(supply getting absorbed) but not in the buy list.
4 - Smart Money action, taking the prices to the previous high which should act as a resistance
5 - JOIN THE PARTY AT BREAKOUT, Important point to consider is Volume at BO
6 - Conservative Confirmed Buying
Examples of Large Base Formation could be Nagreeka Exp
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat

