Add this to your watchlist and wait.
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Trendline is broken and retracement is also completed.
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Entry: 380
target: 410 - 450
stoploss: 372 - 360
major stoploss/ support: 330
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smallcap stocks are going to boom.
long term investment; min 40 % return
huge potential is there.
Long term holding ;
if you are interested in invest NOW, go for it with small...
Stock Name - Vardhman Textiles Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 357.
#This is not Buy and Sell recommendation to any one. This is for...
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...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
