VAKRANGEE
Breakout in Vakrangee...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
VAKRANGEE -- POSITIONAL --- 2022VAKRANGEE positional pick cause of recent resistance level breakout after stock bottom out and made double bottom formation ..look bullish now
resistance breakout candle seen above resistance breakout line.
for chart anlysis i use only line for draw suppost, resistance, trendline and other bullish aspects to shown . i never use any other indicator like RSI, moving avg cross, Macd or any other ready made indicators to just show using only minimum line drawing one can understand correct Buy and sell position of stock.
About VAKRANGEE co offers assisted e-commerce and logistics service to access online shopping, healthcare, telecom, bill payements service to customers .
co posted good quarter result this time compare to last quarter .revenue also increase this quarter.
BUY VAKRANGEE @ 42.75
TARGET 45-48-50 ( 1 month )
Stop loss 35
*** PLEASE DO OWN ANLYSIS THIS IDEA CAN HELP YOU FOR SAME..... take call at own risk.. !!
HAPPY TRADING. !!
vakrangee ltd expected behaviour on daily chartplease note this chart for vakrangee ltd is only for educational purpose.
technical analysis as on 10/12/2021 close as below
name value
rsi(14) 54.565
stoch(9,6) 45.034
stochrsi(14) 100.000
macd(12,26) -0.760
adx(14) 43.933
williams %r -28.704
cci(14) 148.8120
atr(14) 1.5893
highs/lows(14) 1.0571
ultimate oscillator 49.214
roc 4.079
bull/bear power(13) 2.4960
Breakout in Vakrangee with volumeTrendline breakout in Vakrangee with huge volume.
This is 4th attempt to break the trendline and mostly 4th attempt is the strongest as per my experience.
RSI is above 60 indicates good momentum
Targets are mentioned in the chart.
Management is going really good work to improve the business of Vakrangee . . . Great future growth fundamentally.
Disclaimer: This is a educational chart setup. Pls invest as per your risk reward appetite.
Vakrangee Ltdshare name : Vakrangee ltd
call type : Positional (1-2 years)
- high of 70 is acting as a huge resistance
- Range formation can be seen
- Consolidation phase around 1200 days/03yrs
- Share can change the trend from here if high
of 70 can be taken out in upcoming years
if price comes around 25,
we can initate a buying at price - 25 rs with sl of sl 15
approchable target 70, 120, 200+++
VAKRANGEE LONGI hope you can now see how Vakrangee represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
VAKRANGEE- Inverted Head and Shoulder Inverted Head and Shoulder is apparent on the daily chart.
Breakout has already happened on the charts.
Stocks has been opening gap up from past 6-7 trading days, and has reached near previous Falling gap , which could serve as possible resistance (43.30 - 50.20).
Stocks looks good on higher time frame (Monthly ) as well, however reversal is still not evident on higher time frame, hence strict stop loss is a must.
Caution : Risky trade