VTL -> 1 Hour chart
Upper line was acting as resistance and lower line was acting as support, and now it seems to have given a breakout. Since it is hourly chart, short term good movement can be expected.
Target can be 2730.
Weak below support line.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered....
CHART -> VTL DAILY SETUP
As seen per charts, a beautiful symmetrical triangle under formation on daily chart of Vardhman Textile. Once it closes above the upper trendline on daily basis, we should see a 300 Rs gain from the symmetrical triangle trendline broke out point.
Today's volume seems decent, MACD in daily time frame just about to have a bullish...
