Venkeys has been moving in a channel and if stock gives a reversal it's going to be a buy and if the stock breaks down, it's going to be a short trade with strict sl.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range. Stock is above 150 & 200 SMA ✅ MACD and RSI are A-ok ✅ CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Bullish flag breakout in Venkey's (INDIA) Ltd. Good opportunity for short term gain.
Is this a good buy? How would you play this? NSE:VENKEYS RSI: 60-60-40 (GrandFather-Father-Son). Daily Chart: 1. Support at trend line 2. Support at 61.8% Fibonacci 3. Support from 50 Day Moving Average Weekly/Monthly Charts: 1. Break out from Old Resistance, but not very strong. Let me know your thoughts!
Pole and flag formed and it's in the verge of flag. Might expect breakout in next 1 or 2 days with narrow CPR for upcoming week. Disclaimer: Not a SEBI registered analyst. Request you to do your own analysis before taking positions. Good luck
buy above 1802 Sl keep below 1775
S/R levels marketed for long term view.
This is a follow up to the idea published yesterday in Venkeys.
Looks like a Wyckoff accumulation. After the breakout, there is retest aka BUEC in Wyckoff terms. Looks bullish.