Date: 24th April 2024
Time : 10:45 Am
Valiant Organics has been in my watchlist for a long time,
Finally, it seems like its Wave structure of downfall is finished with March low point.
Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target.
Apart from this There is a...
After falling 30-35% from the last swing high VALIANT ORGANICS is showing some accumulation with hidden volumes.
NOTE: I'm not a SEBI REG. Study before investing.
Consider this as my own diary and not as a buy/sell recommendation service. I don't advise
entry above the line
stop below the line
consolidation breakout ( anticipation)
short term swing trading opportunity.
an beautiful change in direction can be seen on weekly as well as daily pattern,plus all speciality chemicals are showing an good volume buying, please consult your advisor before any investments,
stock is falling from 2000 level fom ipo rate now i am observing a two dip with good divergence on weekly time frame and on last dip we can see a bullish engulfing pattern confirmation
we can see target of 950, 1100 if stock is forming to form uptrend and stock sl is 400
Valiant organics the stock is trying to break out of its dynamic resistance downtrendline which had kept the stock in bearish territory since OCT2021 , if it manages to breakout and sustain above it, a new bull run is awaited in the stock , 2 days to go for monthly candle closing and need the candle to close above 540 levels , buy on retest of supports towards...
Double Bottom Pattern
#VALIANTORG
- Double bottom formation after a downtrend
- Big volume on Upside and significantly dried up
during correction
- RSI recovering
- Volume buildup
- Below 200 EMA though
Valiant Orgaincs is trading at 430 a very correction from the high of 1970.
PE 16
ROCE 18.4%
Promoter holding reduced in 2021 and now at 38.4%
Good 2022 sales numbers almost 65% up.
May be a good bottoming out candidate only for risk takers.
Valiant organic. Counter trade. Company whose top line & bottom line is growing at 40% at 10yr CAGR , Net debt free company. from last few month good volume is getting accumulated at lower prices. Now in chart you can see last bottom was made above the previous bottom. That is a sign of reversal. CMP:783. Sl:575(wcb)..stop loss is little deep..you can keep as per...
Valiant Organics Ltd Cmp 685 dated 8-9-2022
1. Formation if Ascending Triangle Pattern.
2. Volume Rise
BUY @ CMP for tgt of 710-735-770-825 SL 620
Higher Tgt 965 SL 590
It is just a view, pls trade at your own risk.
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
