VenkeysVenkeys has been moving in a channel and if stock gives a reversal it's going to be a buy and if the stock breaks down, it's going to be a short trade with strict sl.
VENKEYS trade ideas
35% Potential Trade in Venkeys | Swing TradeWonderful 35% potential swing trade in Vekeys.
Tactics - Wait for a powerful green candle as a confirmation to enter in daily TF.
Reason to trade -
1. Breakout of 50 EMA with good volume
2. Trendline breakout
3. Breakout of Horizontal Demand Area
4. Has made a breakout and then retest which is a bullish pattern.
5. RSI above MA
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The Rich Trader
Rohit Sharma
Possible Up Movement After Consolidation Buy around 2700 - 2730
Target - 3200, 3700
SL - 2590 (Closing on day basis)
VENKYS: Inverse H&SStock has broken the neckline of inverse head and shoulder pattern. one should go long with SL of 2600 & look for the target of 3000/3200
VENKEYSBreakout after a good consolidation
VENKEYS looking very good.
BUY - 2800 - 2850
Stop loss - 2750 Close down TL will b exit.
Targets - 1) 3200 2) 3600
RR ratio - 1:4 1:16
Happy trading.
@Equities @forextidings @ExtremeVolume @TheBreakOut @invest
GOLDEN EGGS?!VENKY'S- Daily Timeframe.
As we can see from the above chart it was forming descending triangle western pattern and finally today it has given the breakout. The chart looks perfect and the target could be kept as an All-time high for a medium-term time frame. According to the descending triangle pattern target for upside is the length of the horizontal side (around 58%), while keeping the SL below the swing low.
VENKYS#VENKYS
Clean breakout with volumes, all indicators looks good.
Can add on breakout retest around 2745
TG : 3750
SL : 2535
Venky's Triangle Breakout With Volume in last 1 hourNSE:VENKEYS
Venky's Triangle Breakout With Volume in last 1 hour
Inverse Head & Shoulder Pattern in Venkeys indiaA Bullish Inverse Head & Shoulder pattern is Formed in Venkey's India Ltd. on hourly chart as drawn in chart. Same time MACD is also above Zero line , Breakout is happened with Volume spike above price levels of 2680 i.e. Neck line. Target price 3172. As per moving Averages too it's sustaining above all moving averages. Indicating upward rally in it's prices. Keeping Stop Loss Below 2520 will be wise.
Company announced it's decision of setting up a new project for manufacture of Veterinary Medicine Products under its Animal Health Product Segment.
Below is link.
Weekly TF Breakout followed by Daily TF BreakdownBullish movement in this stock after weekly chart pattern breakout was stopped by daily chart pattern breakdown
Emerging Saucer pattern in VenkeysEmerging Saucer pattern in Venkeys
Detailed analysis given on the chart
NSE:VENKEYS
VENKEYSRetested Fib Level, Consolidated for while and now it broke-out of range.
Can expect Up-move Continuation.(Same patter was spotted in LGBBROSLTD which I have shared earlier).
VENKYS CMP 3183 Opportunities After long consolidation Venkys gave a breakout with substantial volumes. Ideas and Views are personal. Keeping a Target of 3800 by December and Stop Loss at 2929. If SL triggered then downtrend.
Venky's Cmp 3155 dated 13.10.2021Venky's Cmp 3155 dated 13.10.2021
1. Triangle Pattern BO @ 3170
2. Flag Pattern on chart
Buy for a tgt of 3850 SL 2950
It is just a view, pls trade at your own risk.
VENKYS: GOOD CHART PATTERNBuy@CMP
TGT 1 - 3380
TGT 2 - 3750
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
VENKEYS Swing Trade Idea#Venkeys - Swing buy at 3200 for 3370 and 3500 as targets with SL below 3130. R:R (till 1st target) = 1:2.4 #Swing #Positional
Venky's- BreakoutVenky's breaks out of falling trendline. In fact it can be treated as a flag breakout by looking at the chart. RS is +ve. This could move toward 4550 levels and in long term to 6000+ levels.
VENKYS INDIA - SHORT TERM AND INVESTMENTVenkys India - CMP 3055-3075
Went up Like rocket then came down to retrace and now its consolidating.. Seems Consolidation OVer Today.. Should do really well now ..
Risk Reward if all targets achieved is 1:4
Take small qty but try to take max beenfit from here
