This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Entry point - Above Trendline
Stop Loss - Lower Trendline
NSE:VGUARD
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
VGUARD
Time frame- Weekly
*Triangle formation Breakout
*Breakedout
*Resistance - 285
*Support - 225
Medium term pick
Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
#technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis #bullish #chartoftheweek...
~ V- GUARD is about to break 5 years consolidation.
~Making head and shoulder pattern on monthly chart.
~Taking support on ascending trend line in weekly chart.
~All time high resistance is 260.But at current price you can buy some quantities.
~R.S positive stock.
~on weekly chart RSI is strong.
~ This is not my recommendation. It is for the educational purpose only..
NSE:VGUARD
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
trading decisions made with multiple confirmations are high probablity trades. reasons to buy vgaurd
1. H & S neckline decisive breakout
2. Double close key reversal triggered
3. last motive wave suggesting same target with 1.618 extension.
nothing is for sure in market, so stoploss is a must.
levels are mentioned
Vguard looking a buy if closes above 228, rsi also trending up on weekly charts
could give good returns in near term
plzz like and follow for more ideas
thanks in advance
V Guard industries is looking set for reversal. Forming Inverse H& S pattern on daily time frame. Anticipation for seasonal growth can be a trigger for upmove journey. keep on radar.
The Entry, Target, and SL are mentioned as per the Risk-Reward ratio tab / The price hV Guard Industry will take Guard of your Profitsas just gone through the Demand Zone and will go up to the supply zone
The Chart shown is the Weekly Chart (Higher Time Frame Chart)
So, make your entry as per your own followed rules in (Lower Time Frame Charts)
The Global...
Sl compulsory
Volume should not be considered for reversal play unless, the base is broken with huge volume
Entry near the base of double bottom with sl of 4%
Duration : 3 weeks with 10% upside potential.
