Buy@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...
#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 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 - 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
Note: 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... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
The stock had been moving sideways since 25/08/21. A breakout was seen today with good volume. Can be brought at current levels.
Triangle pattern in Venkys India Ltd. wait for the breakout.
Venky's India is consolidating in tight range since last one month. Volumes are drying. Keep on radar for BO.
Triangle pattern in Venky's (india) Limited . Wait for the breakout with high volume.
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...
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
Bottom confirmed Target 1 done 3060 Buy On dips Must not cross below 2961
Venkys has retraced from the trendline with good volume, keep an watch for next week
Note: 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... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Venkeys 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.
Looks good if upside breakout @3049 Stoploss after Breakout @2925 Education Purpose Only.
Only for educational purpose Stock can be at buying radar under the levels provided