VCP
TEXRAIL - 3VCP BreakoutBreakout from the previous downtrend line.
Above 20DMA
Brokeout from a 3 VCP
Could be one of the flavours in the budget.
APOLLOTYREA good VCP can be seen on smaller time frame in APOLLOTYRE. It can be bought at 182 with SL of 171
Birlasoft trying to breakoutAfter a consolidation of 51 days, Birlasoft is trying to breakout of its base with good volume. Buy only when it goes above Rs. 211.
Is it gone blow upward ???Nice VCP pattern.
also a 16 week cup and handle base.
gave a BO of upper trendline (early entry) and little pullback the next day.
Exact entry pivot is above 263.
volume is very quiet.
Price at ATH. so open target.
JBCHEPHARMAgain VCP with 70% reduction in volatility with reduction in volume. Buy above 1011 with SL 949
DEEPAK NITRITE - VCP Above 878 , it's a road without speed breakers.
VCP formation.
Call it Cup & Handle
Divergence Spotted.
BEML Ltd2 strong weekly and monthly resistances here, are what make the breakout levels and targets.
Keep an eye for a strong breakout this week.
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Perfect VCP setupnice 15 week base with volatility contraction i e VCP. also a triangle pattern.
it broke upper trendline with pocket pivot.
volume shows good accumulation within the base.
good for 15-20% move with SL around 77-76
Technicals couppled with funda....9 weeks flat base.
VCP pattern. volatility contracted followed by BO on strong volume
Fundamental reason is eps growth of 168% in this quarter
strong volume
Good techno-funda pickGood fundamentals.
2T VCP
Volatility contracted
It may contract further around 79 level before BO
Almost on the verge of breakout8 weeks flat base.
3 T VCP : good volatility contraction.
Extreme volume contraction.
434 is 100 WMA so probable resistance.
Target - 420 at least i.e. 200 WMA.
Beauty Breakout 11 week cup and handle. Volatility also contracted and then BO occurred on high volume.
Just look for 200 WMA at 114. may get rejected there.
VISAKAINDVCP pattern on daily. Cup base on weekly. Only thing to to be cautious is 200 WMA at 416.
Possible pullback entry for a swing trade.
ADFFOODSCUP N HANDLE. 2 T VCP. promoters buying. good results. 50 dma holding. extreme volume dry up. ready to blast.
