Chart -> Vinati Organics Weekly
After a good upmove, Vinati was consolidating in sideway trend with volume drying up. Now it has given a breakout with volume spike!
CMP: 2203
Good range: 2100 to 2200
Target: 2450 and more
Stoploss: 2030
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult...
Long Vinatiorg as per the given levels on charts. Stock is every time taken bounces back from the trend lines every time. So high probability to stock moves upward from the current levels. This is for your educational purpose only.
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...
Features on chart :-
1. Channel pattern breakout coming.
2. Flag and pole pattern.
3. Volume contraction.
4. Price contraction.
A trade above 2000(after breakout) will give a high probability trade with risk reward of more than 1:5.
Follow for more such ideas.
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TECHNICAL ANALYSIS OF NSE:VINATIORGA
The LAST CLOSE PRICE of NSE: VINATIORGA is 1979.35. The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 1979.35. From here, the Key Support and Resistance levels are SUPPORT 1 at...
This stock has been giving massive returns since its day of listing and gave a good breakout on 2nd July.
CMP= 2026.60
targets, entry price and SL are given on the chart!
after achieving the first 1st target, trail your SL
Vinati Organics has once again given a breakout of a downward channel. This is a behavior this stock has done in the past as well. The fundamentals of the stock is very strong and so can be a good one to hold positionally.
