Upward Moving Channel Breakout - VTL📊 Script: VTL
📊 Sector: Textiles
📊 Industry: Textiles - Cotton/Blended
Key highlights: 💡⚡
📈 Script is giving Breakout of Upward Moving Channel on daily chart.
📈 Keep an eye on stock we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 535
🟢 Target 🎯🏆 - 572
⚠️ Stoploss ☠️🚫 - 520
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
VTL
Higher Highs Higher Lows - Short Sell - VTL📊 Script: VTL
📊 Sector: Textiles
📊 Industry: Textiles - Cotton/Blended
Key highlights: 💡⚡
📈 Script is forming Higher Highs Higher Lows patterns on daily chart.
📈 We may see stock price at 422 on downwards.
📈 One can go for Short Swing Trade.
⏱️ C.M.P 📑💰- 438
🟢 Target 🎯🏆 - 422
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Double Moving Averages Crossover Swing Trade📊 Script: JINDALSTEL
📊 Nifty50 Stock: NO
📊 Sector: Steel
📊 Industry: Steel - Sponge Iron
⏱️ C.M.P 📑💰- 849
🟢 Target 🎯🏆 - 890
⚠️ Stoploss ☠️🚫 - 825
📊 Script: VTL
📊 Nifty50 Stock: NO
📊 Sector: Textiles
📊 Industry: Textiles - Cotton/Blended
⏱️ C.M.P 📑💰- 442
🟢 Target 🎯🏆 - 472
⚠️ Stoploss ☠️🚫 - 425
📊 Script: JSWENERGY
📊 Nifty50 Stock: NO
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 528
🟢 Target 🎯🏆 - 561
⚠️ Stoploss ☠️🚫 - 511
📊 Script: NYKAA
📊 Nifty50 Stock: NO
📊 Sector: E-Commerce/App based Aggregator
📊 Industry: Trading
⏱️ C.M.P 📑💰- 161
🟢 Target 🎯🏆 - 173
⚠️ Stoploss ☠️🚫 - 155
📊 Script: SUNPHARMA
📊 Nifty50 Stock: YES
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
⏱️ C.M.P 📑💰- 1620
🟢 Target 🎯🏆 - 1692
⚠️ Stoploss ☠️🚫 - 1590
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
VARDHAMAN TEXTILES - SWING TRADE - 11th January #stocksVARDHAMAN TEXTILES (1D TF) - Swing Trade Analysis given on 11th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #vtl
VTL - Bullish Swing Reversal with VolumesNSE: VTL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Vardhman Textiles - A Good Case StudyHey all! Just wanted to share an interesting chart with you all because it seems good for studying multiple concepts.
As you can see, there was a massive price expansion in July 2022. This created a strong buying imbalance. The price then underwent a correction in a descending channel, thereby reaching the demand zone for a test.
It strongly bounced off the demand zone ultimately leading to a shift in market structure. After the initial pump, there was a small period of consolidation (Pennant) which lead to another leg of expansion.
The price then again went into consolidation in June. This consolidation now seems to be over and the price is likely to expand to the upside.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
VTL - Long Setup, Move is ON..NSE:VTL
#VTL gave an entry above 318 as shown in chart shown below
Has moved from 318 to 355 levels
It is now trading above Resistance of 355
Next Resistance is at 430
Here is previous chart:
Charts are 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
VTL - Ichimoku Bullish Breakout Stock Name - Vardhman Textiles Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 357.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
VTL - KEEP IN WATCHLIST📊 Script: VTL (VARDHMAN TEXTILES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Textiles
📊 Industry: Textiles & Apparels
Key highlights: 💡⚡
⚠️ Keep an eye on VARDHMAN TEXTILES .
⚠️ It is near at its resistance zone .
⚠️ Formation of Cup and handle pattern but 230 is resistance zone.
BUY ONLY ABOVE - 330
⚠️ If its give breakout then one can go for swing trade.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!🥂
VTL sharp movement expected in short termVTL -> 1 Hour chart
Upper line was acting as resistance and lower line was acting as support, and now it seems to have given a breakout. Since it is hourly chart, short term good movement can be expected.
Target can be 2730.
Weak below support line.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
VTL on STEROIDWEEKLY TIME FRAME:
Broken out of a stage 1 structure and is looking very bullish even in this choppy market.
DAILY TIME FRAME:
Volatility contraction pattern and a breakout with such a good increase in volume shows strength and is confirmed by RSI in all 3 time frames and a positive RS against CNX500.
This is a positional trade and will take time to perform...
FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)
VTL under Symmetrical Triangle patternCHART -> VTL DAILY SETUP
As seen per charts, a beautiful symmetrical triangle under formation on daily chart of Vardhman Textile. Once it closes above the upper trendline on daily basis, we should see a 300 Rs gain from the symmetrical triangle trendline broke out point.
Today's volume seems decent, MACD in daily time frame just about to have a bullish crossover.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.