Pranik Logistics #VCPsetupPranik Logistics a recently listed IPO, is forming a super VCP setup and looks ready for a breakout, closing near 98 is necessary for the breakout to sustain. Company has a good revenue trend for the past 3 years, they have recently expanded their operations. It's a low float scrip and will high high volatility.
Lowfloat
DR. LAL PATH LABS LTD MASSIVE LONG OPPORTUNITYDr Lal Pathlabs Limited shown consolidation and correction and in charts
It can be seen in sorter time frame it has given rounding bottom break out.
Now after that if we see a longer time frame there is a big rounding bottom potential breakout happening it is also indicated by FII & DII holding increased by significant %
Volatility Contraction Pattern in Deepak NitrateVCP in Deepak Nitrate was clearly visible with contractions falling down consistently, First being 42% then 11.7% and then finally the tightest one at 5.2%. This is when you take the trade. A contraction below 10% means the stock has now fallen into the strongest hands ( institutional buyers) and that is why i was not worried when it came back down after a day because when you buy a tight contraction there is a high probability of the stock bouncing back as institutes add to their positions.