First Target @ Rs 630 Second Target @ Rs 681 This company is fundamentally strong QE Jun 2022 Profit Rs 39 Crores ROE 17%
Positionally looking good with the highest volume after 2017 Tgt 705/785 Sl 581/560
Visaka industries, looking to become bullish, I will wait for one more green candle for conformation.
The stock has broken out of the pattern after a consolidation phase and supported by very high volumes. It is expected to follow on the trend and can be bought at current levels for targets of 838 and 900 in near future. The stop loss can be maintained at 775 level, which was the resistance level before the breakout. Supporting technicals: RSI: 66 (Bullish but...
the stock is forming a round bottom pattern and can give a multi year break out kindly add visaka in your watchlist
Self Explanatory. Divergence Spotted. Breakout - ✔️ Retest - ✔️
descending angle is going break out due to good green volume with support of flag pattern