#VBL has give Breakout with Good Volume support
Check out my #VBL analysis
#VBL Looks good for Long swing Trade
CMP: ₹806.65
Target: ₹915 , Previous swing High
View: Short-Term
FMCG Sector outperforming in this bleeding Mkt
The stock has given breakout with Good volume support
increasing delivery Qty & delivery %
Stockstowatch
PVR: 5th wave progressionStock has completed its 4th wave & is ready to move in higher for 5th wave. Sustaining above 1440 will bring the prices up for the tgt of 1500/1550. even higher. One Should buy the stock with SL of 1380 for tgt of 1500/1550
Breakout Done In Orient CementAt 15 july I posted the Signal of Orient cement for educational purpose and also for some interested people to trade it.
It gave a good breakout with volumes more than Volume moving average 22 on 20th July.
The stock has closed on our 1st target i.e 160 on 30 July and made a high of 162 giving a return of 8%
Now our Gates are open for 165-170-175-185++
155 would act as a minor support for us.
Safe trader can shift stoploss to 150 i.e Cost to Cost
Others can keep a stoploss of 144 - 145.
This Research is clearly for educational purposes for learning stock market and breakout trading and I request you to please make your own research or consult with your Financial Advisor before investing.
Thank you
Happy Trading 😄
SUBEX - Dream-Surfing the Elliott Waves!Elliot Wave Theory
5-Wave Impulse Pattern Complete!
(1-3-5 motive upward waves, with 2-4 being corrective)
3-Wave Corrective Pattern Complete!
(Wave 5-A equal in length to B-C)
Consolidation within Pennant formation.
HUGE breakout from the Pennant with HUGE volume.
Could be start of the next set of Impulse Waves!
CHANNEL BREAKOUT WITH GOOD VOLUME & RETEST - GOOD FOR LONG Dear Friends,
The stock has come out the channel with closed with strong buy with good volume on weakly basis. Stock is good for long.
Disclaimer: This is for educational purposes. It's our own risk to take the order. Kindly do your own analysis or consult your financial advisor
V-Guard - Adam & Eve Bottom Out with Breakout and Re-test!V-Guard has bottomed out in a classic Adam & Eve double bottom pattern.
At the top of such patterns there is rectangular accumulation that was un-rewarding to those that entered early.
However, their patience is now being rewarded having shaken off weak hands during the Adam & Eve formation.
Now, a breakout of the Rectangle is seen, which has also been re-tested successfully.
Moved successfully into All-Time High Territory, onto the stock itself to discover it's real price - No resistance ahead!
#JSL Jindal Stainless, pennant pattern#JSL has given breakout from the upper trend line of the symmetrical triangle on Daily chart.
Good Volume.
Consolidation formed a pennant pattern and now BO.
Has already formed rounding bottom on Long Charts weekly/monthly
Near Term Target 110+
Potential Target 130+
SL- prev day low.
Note: not SEBI Registered. Nor any Recommendation. do your due diligence before taking trade.
Engulfing Bearish Candlestick in DLFThe daily chart of DLF has formed an Engulfing Bearish Candlestick showing signs of negativity coming into the stock.
One can go short only below a valid Break Down of support marked.
An upside channel can also be seen.
If the stock manages to close above the channel then it would generate buy.
Trade as per priceaction.
Radico Khaitan - Set to create new All-Time HighsInverted Head & Shoulders = Bullish Reversal. Successful re-test of neckline.
No immediate resistance. Increase in Volumes.
Venturing into All-Time High Territory, also known as "Price Discovery Zone" wherein fundamentals will drive how far the push will go.
On the fundamental side, positive developments include:
1) Gradual re-opening of lockdowns and recent news regarding Delhi permitting home delivery of liquor.
2) Company's plans to tap further into premium and luxury liquor brands.
3) Company's backward integration to protect against raw material inflation.
#NFA #DYOR.