VinatiOrganics - channel bullish supportReversal trade with 1:2 RR . Looks good at 1970 entry with SL 5% and target 10% upper TL of the channel.
Vinatiorganics
Bullish on Vinati organicsThis 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 - Downward Channel BreakoutVinati 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.
BuyVolume bhas dropped substantially after breakout from the triangular pattern. Volume on breakout was exceptional and at the same time it took our two previous swing highs. Price is near 20 DEMA and range is small. RSI and RS are strong. Buy with sl below 1300 on daily closing basis for target of 1700+ levels.
Disc : it's not an investment advice to buy or sell
Chart of the Week (13/02/2021)This week we will cover Vinati Organics as it had a very clear breakout on weekly levels. The chart is self explanatory and the company is definitely an investment grade company. Stop loss will be the downward sloping resistance line that the stock has broken which is currently around Rs.1360
Vinati Organics is in the oversold zone.Wait for the RSI to make a down move and a Stoch RSI cross-over. Sell for existing levels marked in the chart.
Low volume in green candle means buyers are not interested! So sellers will kick in soon.
Vinati Organics : Breakout with good volumeVinati Organics looking good as it has given a BO from a range with good vol
However, at current level,
Buying is not recommended
As R:R is not fav. Buy either in dip arnd 1180 or above 1240
initial SL would be 1145 or 1175 respectively
Target line are marked on chart
Disclaimr : This idea is for only educational purpose, please consult your financial advisor for any position.
VINATI ORGANICS CAN GIVE GOOD MOMENTUM ABOVE 1165 RESISTANCE POSSIBLE TARGETS ABOVE 1165
1) 1210 (38.2 % FIB)
2) 1250 (50 % FIB)
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Vinati organics Vinati organics is in the resistance zone. Once breaks above the resistance trendline will give up move for 5%. I am trailing vinati since a very long time.
Let's see how the analaysis goes.
Thank you
VINATI ORGANICS BUY ABOVE 1121VINATI ORGANICS BUY ABOVE 1121
SL 1065
TARGETS: 1140, 1152, 1165, 1184
IF Sustain above 1191 then 1215 possible
Posting for Educational purpose only
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Breakout with Good volumeBreakout with 4.7 times the average volume on weekly chart. Plus there was shakeout on the downside. Chemical sector is also performing well.
Swing Trading Analysis : Vinati Organics (VINATIORGA)big Breakout with high volume and stock made an all-time high.
looks bearish for short term!!i feel that the stock must retest levels of 1000 , 960 and then should go further to make new highs.
