Min Risk Reward 1:3 at Entry Max Risk 3% of Trading Capital Time Frame - 3 Months
Min Risk Reward 1:3 at Entry Max Risk 3% of Trading Capital Time Frame - 3 Months
venky india is trading at all time high we can see more good movement in it.
bull flag create on 1hr candle. after breckout best move in this stock. target 3000.
950 to 980 looks like decent support Long above 1200 close for 2 days Target mentioned on charts... Close below 950 for 2 days exit trigger...
Strong weekly and Monthly candles can be seen in Venkys. Target 2800 and 4000 .
Venkey's has given a breakout of invers H&S pattern on the weekly charts with huge volume breakout. Go long for bog targets!
* Inverted Head & Shoulder Chart Pattern Breakout with high volume . CMP-2113.30 RECO-Buy Entry Range-Rs.1800-1860.00 Target-3200.00/4500.00 Stop Loss-1600.00 Closing basis Duration- 06 to 12 Months. kindly let us know if you have any question
Venky's (India) Ltd. is involved in the business activities of Raising and breeding of chickens and capons, ducks, geese, turkeys and guinea fowls chickens and capons, ducks, geese, turkeys and guinea fowls. The stoke is ready to break its Multi Year Resistance with Cup & Handle Pattern on charts. The stock has already broken out of the handle with rise in...
buy above 1802 Sl keep below 1775
If momentum remains strong we can see 3000 in 2021
Stop loss 1200 Target 1=1900 Target 2 = 2400 Consumption story is very strong in India. According to darvous theory there is trend reversal. Company deals with chicken product and is the major supplier for KFC in india. It has tied up with branded restaurants in India. Good volume is showing a strong trend. This info is only for educational purpose.
Head & Shoulders pattern forming on 4H Chart of VENKEYS. SELL below 1510, SL 1625.10, Target(s) - 1440, 1400, 1350, 1300. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
With news of bird flu spreading in the country venky's will be the most affected stock. Its close to a channel breakdown. Below 1557 with ta first target at 1510 followed by 1460. If it breaks 1460 it could go much lower. If you own the stock be careful going ahead below 1510.