Trendline 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.
share 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...