FDC LTD is showing VCP set up with drop in 1st contraction (-35%) 2nd drop is (-15%) and 3rd one is (-8%) which makes it a good VCP setup. The stock is also trending above its 200 and 50 MA indicating a decent momentum in the stock. Disclaimer: I'm not a SEBI certified financial advisor and this is not a stock recommendation. This idea has been posted strictly...
Volatility Contraction Pattern in GRSE Backtested from August 2019 showing how the stock behaved post the pattern was formed and how the trade was executed.
A stock that is resting on or near its 50 DMA has a better chance going up than a stock far away from it. Have tried to explain this in the video, hope it helps you with your future trades. Do let me know if like the idea
VCP in Deepak Nitrate was clearly visible with contractions falling down consistently, First being 42% then 11.7% and then finally the tightest one at 5.2%. This is when you take the trade. A contraction below 10% means the stock has now fallen into the strongest hands ( institutional buyers) and that is why i was not worried when it came back down after a day...
alkyl amine look good to go long with stoploss as given r:r good 3:1 Don't go full while trading in such market so we will take only 1/2 percent risk as of now
KEI - The contraction in KEI dropped from 12 % to 4% over a period of 17 days. This means the weaker buyers were getting out and the stronger ones were accumulating which resulted in the stock shooting up 10% in the next 3 days post getting into very tight movements in the last 3 days of the total 17 days.
#GRSE-bought at 140, after #vcp setup with the volatility drying from 13% to 6% .The Stock though was 80%(100 preferred) up from 52 week low so bought less. It shot up 25% in 14 days. Closed 25% quantity on that day and the rest today. Total return 20% in 20 days.
Bataindia - Bought it after a volatility contraction pattern formation with the volatility dropping from 14% to 3% in the second contraction (marked by the green curve lines). A drop of 50% in volatility is good but in this case it dropped more than 50%, which means most of the weak buyers were out of the stock. Institutional buying drove the price higher by 22%...
Tanla Solution is ready for a breakout, can give one final volatility contraction. Don't mis out this one !
After 3 contractions over a period of almost 3 months , price is up above the resistance zone which was also coinciding with the price around 200 MA. EPS has also increased for the past 4 quarters.
The stock witnessed a sharp breakout couple of days ago from a nice volatility contraction pattern. Am interested in buying this one on a fresh breakout to new highs. Lovely price and volume action.
The stock has displayed the tendency to congest or form a nice VCP pattern, as described by Mark Minervini. Another such pattern is in progress now. A breakout above the green line in the chart will be a sign of strength and would have me interested in buying this stock.
Tata Global is in a nice little consolidation. Have a look at the charts of Shakti Pump Balkrishna Industries which have similar (not the same) kind of pattern. The theme here is narrow ranged bars with a dry-up in trading volume, suggesting volatility contraction aka VCP pattern (a term coined by Mark Minervini). Bombay Dyeing & Visaka Industries are a couple of...
The stock is in an uptrend. After a brief correction, the stock staged a breakout today to new highs, backed with volume spike. It has also completed a cup & handle pattern. Am long this stock.