Vcppattern
SBIN - 11yr BO Retest with 5mth C&H and 1mth VCPSL: 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)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
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.
GIPCL - 7mth VCP breakout with volumeSL: 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)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
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.
VCP PATTERN-A TRUSTWORTHY SIGNAL TO BUYHELLO,I WOULD LIKE TO TELL U ALL ABOUT THIS VCP PATTERN OF MR.MARK MINERVINI.I WAS NEW TO THE MARKET SO I WAS LEARNING DIFFERENT THINGS ,I LEARNED ABOUT DIFFERENT PATTERNS AND STRATEGIES TO USE THEM FOR MY GOOD AND THEN I GOT TO KNOW THIS VCP PATTERN WHICH SUDDENLY SPIKED MY INTEREST IN STOCK MARKET.IT MADE ME REALISE THAT TRADING AND MAKING MONEY CAN BE VERY EASY AND UNCOMPLICATED,ITS JUST THAT U NEED TO UNDERSTAND VCP PATERN PROPERLY AND PRACTICE IT MANY TIMES WITH SMALL CAPITAL OR BY DOING PAPER TRADING.ONCE U FEEL LIKE U ARE READY FOR THE REAL GAME THEN U SHOULD COME IN THE MARKET WITH EVERYTHING U HAVE GOT.I AM NOT SAYING THAT OTHER PATTERNS ARE NOT RELIABLE,ITS JUST THAT I FEEL MORE CONFIDENT ABOUT MY TRADES WHEN I TAKE THEM USING VCP.I LIKE THE 3T PATTERN THE MOST AS IT GIVES BIG REVENUES.NOW I WOULD LIKE TO THANK U FOR READING THIS ARTICLE.IF U LIKED IT PLEASE LIKE AND FOLLOW ME.SAYONARA!!!
NIFTY - Ascending Triangle Breakout ?Overall Nifty is in a Rising Wedge.
The way it is shaping up after a cup breakout and now 3 VCP in an ascending triangle, it seems the short term correction will be over soon, unless something drastic happens and the ascending triangle is breached on the downside.
MACD also looks bullish for now.
WELSPUNIND: VCP PATTERN FORMATION
NSE:WELSPUNIND
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Probable VCP ?Volatility has contracted on 15 min chart along with congestion in RSI. 2nd Rise was on back of contracting range. Initial fall in 3 rd attempt was on high range but later range contracted. Only 1st fall and rise had seen some big range candles on 15 min chart.
2nd retracement of 50% of 1 st rise. 3rd retracement is already 50% of 2nd rise and just away from 25% of 1st rise. Now it will be interesting to see 100% -50% -25% of 1st rise which itself will be confirmation of contraction in volatility. Narrow range candles are another confirmatio.
VCP Volatility contraction pattern of Mr. Minervini is clearly visible. Volume is giving support to the pattern. Negative divergence may result in some retracement for 3 rd time. After that I expect a clear breakout from the pattern. 3120-3160 is the zone to expect 3rd bottom with much lower volume and tight range. If this happens then we might see breakout from the pattern.
disc : it's not an investment advise to buy or sell
SRT: Good Entry PointLooks like a very good entry point based on the pattern formation. SL is a bit wide below the red line but will rock if the pattern breaks out.
HEG VCP Trade. Pivot currently in progress.Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call.
As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress.
The C2 contraction was half of first, but the C3 was 18.5%. The last contraction C4 now ( the week just started today) seems to be forming in a less than 10% range. (Hopefully this tight range is maintained for the running week.)
Another positive sign is that the pivot range is forming above the centre line of the first contraction.
Contraction's less than 10% in the final contraction means that the stocks supply in the market has diminished considerably and the daily volumes are confirming this with below average numbers.
Whenever a huge demand will occur, it's very likely that the price of HEG could explode.
Will HEG explode or turn out to be dud ?
Will it experience a shakeout of weak hands ?
What are your thoughts ?
Watch this space for updates.
Thank you for following my work. Please feel free to share your thoughts, critiques & suggestions.
Trade Wisely & Trade Well.
Disclaimer:
The content provided is my personal experience sharing through technical analysis studies.
The content can only be used for education purposes and is NOT a recommendation for buying or selling stock.
Please consult your financial advisor before making a decision.
Trade at Your Own Risk.
Birlasoft VCP breakout showing strengthBirlaSoft reacted strongly from its rising 200ma & went up to closed above 20 & 50 sma on Friday.
It forming a very inviting long tail candle. The volume though was marginally (@25%) higher wrt its 10day average.
On Monday, it gapped up strongly and now today's close seems to be sustaining well. Waiting to see how the coming weeks shape up.
Planned GTT entries triggered on Monday morning, but did not execute due to gap up. Min quantity entry taken at 298 levels.






















