Stock 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
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.
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.
Triangle pattern in Venky's (india) Limited . Wait for the breakout with high volume.
Venkys has retraced from the trendline with good volume, keep an watch for next week
Only for educational purpose Stock can be at buying radar under the levels provided
Bounce from fibonacci support levels Positional Buy : Company : VENKEYS Entry Price : 2850 Stoploss : 2700 Target 1 : 3300 Target 2 : 3450
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 .
Stock has been consolidating in a narrow range... excellent financial performance...Watch out for 1785 break
bull flag create on 1hr candle. after breckout best move in this stock. target 3000.
Strong weekly and Monthly candles can be seen in Venkys. Target 2800 and 4000 .
* 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
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.
Swing Call for Wednesday 7th of October 2020 // This is a swing trade call and not an intra-day trade// NSE:VENKEYS CMP / LTP: 1540 TARGET: 1770+(15% Around) STOP LOSS: 1385 (10% Max) DURATION: In 15-20 Trading Sessions Target should be achieved Notes: - Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL...
Friday 25 September, Venky's chart made an engulfing bull candle on its 50 Days Simple moving average. I think that this is a very positive indication and venky's will surely move forward upwards. Please check the chart for further study