Support is at 1025, intermediate term target is 1950
Vinat Organics could retrace to 660 levels, if the corrections are sharp. If this going to be a complex correction, it would be stuck in a channel and stay put for years.
Yellow: Pin bar wick range broken with strength on down side This confirms the direction unless red range of strength candle is cancelled by a green candle
with a good comeback again to the levels , where downtrend had began its story , now stock looks promising !
i feel that the stock must retest levels of 1000 , 960 and then should go further to make new highs.
Stock can be buy at CMP and Add near 850. And Sl-825
Cup Handle seen on weekly charts. Near its 52 week levels. Check Fundamentals.
Vinati Organics ready to break out of weekly Cup and Handle pattern. Buy on a retracement after breakout from the neckline
After a brief time consolidation, Vinati has broken out with good volumes today. Looks good for more. All corrections towards 580 are good levels to buy