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.
V guard inds looking strong on charts
Breaked out of the years of range
Good volume seen in last few days
Rsi shows positive strength
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
1.) Stock has given breakout from 3 years of consolidation.
2.) Rising OBV shows buying interest in stock.
3.) Strong Volume supports bullish breakout.
Support at 215 (Below that avoid)
Target can be 300,360++
Time frame: 1-2 years
* 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...
buy 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...
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...