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ONESOURCE

ONESOURCE |Volatility Contraction Pattern (VCP) |**Volatility Contraction Pattern (VCP)** – popularized by Mark Minervini as a high-probability breakout setup. Here’s a breakdown of the VCP structure for the **ONESOURCE SPECPL PHARMA LTD** chart: --- **🔍 VCP Analysis (Volatility Contraction Pattern)** ✅ **Stock:** ONESOURCE SPECPL PHARMA LTD ✅ **Timeframe:** Daily chart ✅ **Pattern:** VCP with sequential tightening of price ranges. **Key Characteristics:** * **Contractions (Tightening):** * **First contraction:** ₹1,755➡️ ₹1,200 (Large drop – “cup”) * **Second contraction:** ₹1,755 ➡️ ₹1,319 (smaller “handle”) * **Third contraction:** ₹1,755 ➡️ ₹1,558 (even tighter) * **Tightening volatility:** Each pullback becomes smaller and volume decreases—a hallmark of VCP. **✅ Breakout Trigger:** * Clear breakout above ₹1,755 resistance zone. * Strong volume surge—confirms institutional accumulation. **💡 Key Targets:** * Measured target: ₹2,305 (based on the height of the last contraction leg and breakout zone). * As long as the price holds above ₹1,755, the VCP breakout is valid. --- **Takeaway:** The ONESOURCE chart beautifully illustrates the VCP—each successive contraction tightens, and the breakout confirms the pattern. Traders can use a stop-loss just below ₹1,755 for a risk-managed trade.
NSE:ONESOURCELong
by DailyCharts03