Varroc Engineering cmp 595.30 by Weekly Chart view since been li*Varroc Engineering cmp 595.30 by Weekly Chart view since been listed*
- Price Band 475 to 500 Support Zone
- Price Band 600 to 625 Resistance Zone
- Volumes are needed for good breakout success
- Weekly basis Support at 525 > 445 > 360 with Resistance at 685 > 760 > 855
- *5 year's long Bullish Cup and Handle done with the neckline at the Resistance Zone*
- *Price above 1st Falling Resistance Trendline well sustained, now need to cross 2nd for successful Breakout*
Varroceng
Varroc Engr cmp 564.45 by Weekly Chart views since listing*Varroc Engr cmp 564.45 by Weekly Chart views since listing*
- Support Zone at 445 to 480 Price Band
- Resistance Zone at 625 to 660 Price Band
- *Bullish Cup & Handle with neckline at the Resistance Zone*
- Weekly basis : Support at 480 > 358 > 272 with Resistance at 660 > 752 > 835
- Volumes are spiking heavily intermittently indicative of a breakout attempt on path
- Price sustaining above Rising Support Trendline but yet to cross above Resistance Zone for a fresh breakout
- *Price sustai
VARROC Analysis & PredictionThis is the analysis of VARROC in the Daily Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a S
VARROC ENGINEERING - TREND IS CHANGINGFUNDAMENTALS
Varroc belongs to auto ancilliary sector.
One of the strongest OEM player to ride this bull run on auto sectors.
Ready for EV and had rolled out a lot of stuff for 2 wheelers already. Engine Valves, Lighting, Forging, ADAS ; you just name it and they make that.
The company is not only catering to Indian markets but have manufacturing setup outside india as well for global business..
One of the key points to note is that Varroc has very low public float around 8%.
75% with promot
Varroc Engineering Triangle If Breaks Then The Targets can be Taken at 400 and 415 .
Time Frame :- 15 min
Patterns Name :- Triangle
Symbol Name :- Varroc Engineering
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Varroc Engineering Ltd in Cup n Handle Near BreakoutVarroc Engineering Ltd in Cup n Handle Near Breakout with very high Institutions volume spike
Buy for
Target 1 : 530 ( > 20%)
Target 2 : 650 ( > 20%)
Target 3 : 830 ( > 75%)
Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.









