Search in ideas for "VNINDEX"
VNINDEX will down in the next time to find a strong supply zoneAs you can see the this week, we have an bearish engulfing to begin for the down trend. In next week I think it will turn on to Fibo 0.5-0.618 and it also coincides with the previous strong supply and demand zone. I think it will probably rebound strongly and break the current peak.
VN-Index is projected to follow a bullish trendIt has been forming a trading range for over 300 days.
Recently, the price has crossed above the Point of Control (POC), GAP, and Peak Volume.
=> I anticipate that the price will break out of the range during this wave.
Target for this wave is 1550-1600.
Triangle pattern Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete)
Infrastructure stocks are focused
India have massive spending on infrastructure from India govt so
Well under value and prestigious company must acquire at low level to get feature gains