VGUARD
03 Years Consolidations Breakout* Major Resistance Breakout with extremely high volume in weekly chart and before major breakout price made box pattern also which gives more confidence .. Considering all technical evidences we may see good up move in V-Guard industries Limited .
CMP-270.00 RECO-Buy Entry Range-Rs.275-260.00 Target-320.00/400.00 Stop Loss-235.00 Closing basis
Duration- 03 to 06 Months.
Breakout in V Guard Industries...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Swing and Intraday Trade: stock is onverge of range breakoutbuy above 255 in intraday and swing for swing make sure stock closes of 255 on day close
if you want to take less risk exit from swing trade if closes below 255.
For Intraday Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
always try to book partially on good move and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
VGUARDNote:
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...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading