NCC Ltd risky buyComing out of the initial VCP pattern the breakout didn't sustain, then the stock went into a climactic sell-off. Again stock trying to form a VCP pattern and triangle consolidation should move higher if the broader market and realty index supports it.
VCP BASE FAILURE LOW CHEAT ENTRY
VCP
ISEC : nice and clean momentum setup11 weeks base - cup n handle on weekly
perfect VCP on daily
also a ascending triangle continuation pattern
volume dry up
> 100% prior move
riped for BO
First entry above 770.
Glenmark Life Sciences Short term trade - RR - 1:3The stock is forming a week long VCP post its listing. Seen some good volume activity in the later half on Friday.
IFB Agro - Patterns within pattern 3yr C&H / 8mth C&H / 2mth VCPBUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Nandan Denim / VCPWe can clearly see the volume contraction pattern on the Nandan Denim chart. The stock has broken its flag pattern and can give a good move from now any volume supported upmove can be seen as buying opportunity
All the key points mentioned on the chart itself
Don't take the full position at once
Maybe buy 25% on the initial signal
Add another 50% on confirmation of the signal
Add another 25% on the follow-through of price action
Build your position 1 step at a time,
Add to winners and losers are cut short
Warning: Nandan Denim has low liquidity. Would suggest managing your position size.
Heranba Industries Ltd - VCP & Base formation from IPO lowsHeranba Industries Ltd had formed good base from IPO lows.
VCP / C&H pattern indicates good accumulation by institutional players, & weak hands moving out of stock.
Had earlier formed a low cheat entry near 740 levels.
Stock is near Pivot point levels of 823 levels. Good move expected on close ab 823 levels on weekly basis.
Stock can be a potential Multibagger from current levels.