Vinati Organics Limited VINATIORGA closed at the Resistance level with high volume. Technical Indicators are bullish. ****TRADINGEDGE TIME_TREND Indicator is also BULLISH**** If the price trades above 1048, a Breakout is expected. Next Resistance level is 1170. The nearest support level is the low fo the supply zone (975). KEEP AN EYE !!...
a strong momentum stock.making new high every year.
Price Action: Evening star at resistance clearly indicates rejection of 52 Weeks high area initial target 2060 ( 20 EMA as resistance ) if that breaks then next target 2010 Market Pandiths giving buy signals to retailers to provide exit route for big players on 52 weeks high levels
Vinati - RSI at support - bounce back - learning chart
Stock in uptrend: Inside bar pattern, level mentioned on chart. just for education purpose.
Short term support is at 1714, yesterday broke 1741 which will be resistance today. Target in intermediate term is 2174
Its been happening in many stocks now. Sign of some good times ahead??
We are moving down and look out for red rectangle to start building up long position.
Just an observation - Selling pressure building up here at these levels.
NSE:VINATIORGA likely to kiss 2000 . Read the Chart for Details
Vinati Organics is a buy !! Read Chart for details .