VMART trade ideas
VMARTVMART:- Trendline + Resistance is going to give breakout, wait for proper breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VMART
BUY TODAY SELL TOMORROW for 5%
V Mart - technical analysis 1D chart, Short termVMART with the market cap of 4300 cr, sales and operating profit of the company are moderately increasing quarter by quarter. All the Retail stocks were currently on rebound from the bottom trend line which gives a strong indicator for holding these stocks for long term. Stock is good to buy as it has upward potential of 50% returns in short term and 100% returns in long term(min 6 years).
Buy --> 19050-2030
Sell- first target - 3000-3200
Second target - 3950-4200
Stoploss/ Average -- 1600-1670
Buy Today, Sell Tomorrow: VMARTDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VMART
Buy Today, Sell Tomorrow: VMART
VMART : BREAKOUTBuy@CMP
TGT - 4400 & 4500
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis