BURGER KING: Ready to make wild moves
4 months VCP PATTERN FORMATION
Stock has been making base for last 4 months ...weak hands has been shaken out
Buy Range: 160-170
SL: 8% Max
Target: 40%
VCP
VCP Breakout on BEPLBEPL has given a breakout of a Volatility Contraction Pattern that has been forming since the last 6 months.
Radico Khaitan- Daily Chart
- Near ATH, poised for breakout
- VCP Formation
- Tightened towards right
- volume spikes in last few days
- Manage risk, use stop loss and position sizing
Bajaj Finance- Daily Chart
- Near ATH, poised for breakout
- VCP formation
- Volume declining while formation of VCP
- Tightened towards right
- Looks good for swing trade, if breakouts with volume and sustains
- Manage risk, use position size and stoploss
Sutlej Textiles: 5 months VCP breakoutVolatility contracting from left to right.
Buy Range: CMP
SL: 8% max
Target: 30%
Motherson Sumi: 3 months VCP breakoutVolatility contracting from left to right.
Buy Range: CMP
SL: 8% max
Target: 30%
ONGC Bullish BiasVolumes are getting dry when price is retracing
Traded Qty 2.7x
Delivered Qty 2x
Futures OI addition +5.8%
Brent Crude beneficiary
SL 100
Target 145
On the verge of a Breakout from a VCPTanla Platform is on the verge of a Breakout from a VCP that has been forming over the last 50+ trading days..
KAJARIA: 3 months VCP PATTERNVolatility contracting from left to right.
Buy Range: 980- 1010
SL: 8% Max
Target: 20%
BEML: VCP PatternVolatility contracting from left to right.
Buy Range: 1376-1445
SL: 8% Max
Target: 30%
On the verge of a Breakout of VCP Pattern off 200 days EMAIOL CP fell below it's 200 days EMA and found support in the demand zone.. Currently, the stock is on the verge of a breakout of a VCP pattern that is coming off it's 200 days EMA. Generally, a breakout that is off the 200 days moving average is expected to be explosive and with quarter results due on 4th June, could also be expected to play a role in the rally.
VCP Formation on the verge of a BO around Earnings announcementStock is forming a nice VCP around it's ATH.. Volume is visibly dried out and the stock is forming a nice symmetrical triangle. Ideal candidate for a breakout but it's better to wait for the breakout to happen as the stock can breakout on either direction.
NBCC : 90 Days VCP PATTERN FORMATIONVolatility contracting from left to right.
Buy Range: 52-55
SL: 8% Max
Target: 15-25%
APL APOLLO TUBES: 3 month VCP FORMATIONVolatility contracting from left to right.
Buy Range: 1371- 1440
SL: 8% Max
Target: 30%
L&T Finance Holding SL 80/82Lets drill down to weekly time frame
Price gave a pullback and trying to move in a channel
EMAs acting as support
200Day EMA may act as a resistance for time being
we need a weekly close above 95.35 or 96 so that the stock can move up freely
levels are marked in the chart for positional targets
RSI divergence on Weekly time can be observed along with the same Relative has also entered into a positive territory
Stock is clearly taking support at 200Day EMA
We also have Anchored Vwap support
Avg volume is also looking good
Trying it make volatility compression pattern i.e. VCP pattern
The overall price structure needs to be understood and its looking nice over here
Pole and Pennant breakout opportunityGlenmark has been forming a Pole & Pennant formation. The volume has dried up since the Pole formed and with earnings expected soon, the stock can be considered to be in a nice Volatility Contraction Pattern.
NFL 87 DAYS VCP PATTERN FORMATIONNFL 87 DAYS VCP PATTERN FORMATION can blast once the trendline breaks
Buy range: 75 to max 5% from trendline breakout (NEVER CHASE A STOCK)
SL: Max 8% (NEVER RISK MORE THAN 8% ON A TRADE)
Target: 20-25%
JSL 136 DAYS VCP PATTERN FORMATION JSL 136 DAYS VCP PATTERN FORMATION can blast once the trendline breaks
Buy range: 97 to max 5% from trendline breakout (NEVER CHASE A STOCK)
SL: Max 8% (NEVER RISK MORE THAN 8% ON A TRADE)
Target: 20-25%
APTECH 99 DAYS VCP PATTERN FORMATIONBuy Range: 218-230 (within 5% of trendline breakout)
SL: Max 8%
Target: 20-25%
Bullish Pole & Penant formationStock is having a good VCP in the form of a Penant formation after having given a parabolic move, resulting in the formation of a bullish Pole & Penant formation. This is one of the stock with strong fundamentals too.
Bouncing Off 200 days Moving Average through a VCPIOL CP had fallen below 200 days moving average where it found a demand zone. The stock is now bouncing above 200 days Moving Average by way of a VCP. If the up coming results is good, the stock can give a good short term rally.
Morepen Labs VCP Studies Sharing VCP analysis of Morepen NSE:MOREPENLAB
Currently in Advancing Stage
In Less than 4 Weeks (26 sessions)
Net Gain after Breakout = 106%
Flag Pole was 80% High
Consolidation was 291 sessions
VCP Studies:
Nice Textbook VCP pattern with 5 Contractions
Move started with a failed breakout, from Ctn4. This was followed by a shakeout.
Finally after 4 weeks of testing patience, Morepen broke out.
Basing Stage:
VCP Formed = 291 days, until successful breakout
