Vakrangee falling Wedge breakout doneVakrangee falling Wedge breakout done
big breakout done with solid volume can look for
tp of 70-75 with good risk to reward ratio
Disclaimer : only for educational and learning purpose
Vakrangeeltd
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
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+++
