Breakout at venkys IndiaThe stock had been moving sideways since 25/08/21. A breakout was seen today with good volume. Can be brought at current levels.
VENKEYS trade ideas
Venky India: Consolidation in tight rangeVenky's India is consolidating in tight range since last one month. Volumes are drying. Keep on radar for BO.
Venky's (india) Limited Triangle pattern in Venky's (india) Limited . Wait for the breakout with high volume.
Venkeys, the ingredients are present for a mighty chicken run!Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range.
Stock is above 150 & 200 SMA ✅
MACD and RSI are A-ok ✅
CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL below the consolidation range 2755.
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TRIANGLE PATTERN BREAKOUT IN VENKEYS Market Cap
₹ 4,311 Cr.
Current Price
₹ 3,060
High / Low
₹ 3,955 / 1,271
Stock P/E
15.6
Book Value
₹ 784
Dividend Yield
0.56 %
ROCE
31.9 %
ROE
27.6 %
Face Value
₹ 10.0
Stock to watch for next weekVenkys has retraced from the trendline with good volume, keep an watch for next week
VENKEYSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Venkeys - Long OpportunityVenkeys India -
Long above 2984 with SL closing below 2790 for target of 3350.
Disclaimer - Chart posted only for learning purpose. Please do your own analysis before initiating any trade.
Bounce from fibonacci levelsBounce from fibonacci support levels
Positional Buy :
Company : VENKEYS
Entry Price : 2850
Stoploss : 2700
Target 1 : 3300
Target 2 : 3450
VENKEY #VENKEY (W): Maintaining an uptrend with correct higher high and higher low formations, it has now established a new higher low. Return to the prior breakthrough zone for a retest.
1) Retest Done
2) Risk to Reward Ratio is good :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
Venky's (india) LimitedBullish flag breakout in Venkey's (INDIA) Ltd. Good opportunity for short term gain.
#VENKEY Bullish Harmonic AB=CD pattern#VENKEY Bullish Harmonic
PRZ: 2437
SL-2398
CMP:2574 @19 Augsuts 2020
venky's has given a reasonable correctionmy last view was banned by trading view.. any way will wait till the fall end's and will get into the trade...
disclaimer : im not a SEBI advisor.. kindly trade accordingly to your plan...
Venkeys broke long resistance and took support at Fibonacci!Is this a good buy? How would you play this?
NSE:VENKEYS
RSI: 60-60-40 (GrandFather-Father-Son).
Daily Chart:
1. Support at trend line
2. Support at 61.8% Fibonacci
3. Support from 50 Day Moving Average
Weekly/Monthly Charts:
1. Break out from Old Resistance, but not very strong.
Let me know your thoughts!
Venkys flying high and tight!!!The high tight flag chart pattern is an extremely rare, bullish formation. Stocks that have amazing fundamentals generally form these. Despite the already big move before the base emerges, the breakouts from this pattern are explosive.
This pattern forms after a stock makes a gain of 100% or more in only 4 to 8 weeks and consolidates while pulling back less than 25% over the course of 3 to 5 weeks.
venkys india this stock has potential to be a multi bagger if it breaks the trend line green line is the first support blue is second and red is third . it has to take a reversal from the green line any one can enter at that price with minimum stop loss if it breaks that line you can go short and get the target till blue line .
