I used Trend Break and Fibonacci retracement tools to discover VGUARD stock's recent uptrend break and then reversed to previous levels to find probable support levels. Analysis: Starting Point: Mentioned on the chart Ending Point: Mentioned on the chart Disclaimer: This is for educational purposes only. Conduct your own research and consider your risk...
V-Guard Industries Ltd. engages in manufacturing, trading, and selling of electronic and electro mechanical products. It operates through the following segments: Electronics, Electrical, and Consumer Durables. 1-Year Beta 0.6474 Debt to Equity Ratio 0.0521 Price to Earnings Ratio 41.4143 52 Week High 285 52 Week Low 208
V GUARD breakout from a symmetric triangle. Looks good for swing players at CMP 250. SL below the lower TL.
VGUARD is a fundamentally strong company. It has come out of a 4 year long consolidation in range and has given a breakout with retesting completed. Currently the price lacks momentum however, current structure is very bullish and can easily resume moving upwards during next week. VGUARD has almost 2X twice after giving similar breakouts. See below -
Breakout with High Volume and but with High RSI Wait for retest. Good Fundamentals and Good Mutual Fund holdings
VGUARD CMP - 221 Stop - 215 on DCB Expectation - 1 - 260 2 - 300, Review at 260 Expected Holding Period - 40 trading days or earlier Ideas being shared only for educational purpose
The day it crosses 250 & closes on weekly basis, I expect a rally of 100-130% rally in one year time.
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V-guard looks like a triangular breakout. Watch this for big targets.