VIP CLOTHING - SWING TRADE - 8th January #stocksVIP CLOTHING (1W TF) - Swing Trade Analysis given on 8th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - In Progress
VIPCLOTHNG
VIPCLOTHNG -Trade setup 1. Trend bullish
2. Price trading near to its support
3. Consolidating from 8 months
Breakout in VIP Clothing Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
VIPCLOTHNG #Watchlist
#VIPCLOTHNG (W):-CMP 36.5 Looks Good above 40 for more upsides :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
