Vaibhavglobal
VAIBHALGBL seems to be picking up the momentumIf NSE:VAIBHAVGBL gives closing above 840 then it can show 850-900 levels soon.
Vaibhav Global Levels For Tomorow Vaibhav Global Levels For Tomorow
Very Good Support @778-779
Bearish Below 777
VAIBHAVGBL getting ready for something goodNSE:VAIBHAVGBL is getting ready to move up. It has tried to move earlier but failed but this time RSI is showing some strength and should be able to move towards 850.
VaibhavGlobal has been consolidating in a range of 800-830NSE:VAIBHAVGBL had been consolidating for the last few trading sessions in a range of 800-830. If it breaks 830 range decisively then it can rally towards 850-900.
VAIBHAV GLOBAL READY FOR AN UPMOVEWE HAVE SEEN GOOD BUYING COMING UP IN THE LAST 30 MINS ON 25TH JUNE. IMMEDIATE TARGET IN THE NEXT FEW TRADING SESSIONS CAN BE 825 LEVELS TARGET 2 842. THESE ARE SHORT TERM TARGETS. THIS CAN ALSO BE A VERY GOOD STOCK FOR LONG TERM PERSPECTIVE. AT A GOOD POSITION TO ACCUMULATE.
Vaibhav Global - LongName - Vaibhav Global
CMP - 810.65
SL - 790
Target - 1000 - 1200 - 1600
Time - 6 months
VAIBHAVGBL - BREAKOUT & RETESTA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
WAIT TILL A DECISIVE MOVE TO THE UPSIDE IS VISIBLE
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Vaibhav Global- Vijay Kedia Portfolio stock. Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Vijay Kedia. He is involved in the market since he was 19. Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential . Holding% - 1.92%
Vaibhav Global Limited is a multi-national electronic retailer, wholesaler and manufacturer of fashion jewelry and lifestyle accessories. The company is headquartered in Jaipur, India. VGL was ranked 234th in Fortune India's Next 500 list of India's largest mid-sized companies by revenue in the year 2013-14.
*FII/FPI have increased holdings from 10.55% to 11.18% in Dec 2020 qtr.
*Institutional Investors have increased holdings from 31.54% to 31.64% in Dec 2020 qtr.
*Declining Net Cash Flow: Companies not able to generate net cash
*Companies with growing costs YoY for long term projects
For more, you can check the stock out on trendlyne.com/fundamentals/financials/1463/VAIBHAVGBL/vaibhav-global-ltd/
Sources credit:
Trendlyne & Wikipedia.
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The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Intraday Picks [12/02/2021] #1: watch for resistance breakout buy PolyMed above 585
buy VaibhavGlobal above 2903
Ascending triangle breakout positionalAscending triangle pattern formation
Buy at retest of SR flip at 1970
Hold for a target of 2300
Profit potential approx 15%
Vaibhav Global Swing IdeaVaibhav Global has shown good relative strength in past few weeks.
Now the stock is trading near an important resistance level and has given a good bullish close today.
We can expect a further 5-8% move if there is a breakout from resistance.
T1 will be 3%
T2 will be around 1180
Will ride the trend later on if price goes above 1180 level and trail my SL using 5EMA. NSE:VAIBHAVGBL
