VMART trade ideas
good to have in watchlistprice is been consolidated for a while but seems to be bullish for coming weeks . 1st target and sl is mention in the pic itself
VMART, SWING TRADE OPPORTUNITY (CHART# 345)VMART is trading in upward parallel channel & has taken support on bottom. Friday's session has shown volume build & reversal.
This can be good swing trade pick for coming days with stop loss & target mentioned on chart.
Kindly work with risk management before taking any trade.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
VMART Retail - LongCompany gave good profits in q3. With Dmart at crazy valuations, this could be the next retail stock chased by smart money.
Its had a breakout retest + broken out of a downward channel. Additionally now forming higher highs and higher lows.
This one seems to be one worth catching early before it catches fire over the next couple weeks.
Big Breakout- V-MartPrice Action shows strong breakout in V-Mart.
Buy on dips with SL around 1700 CB.
Disclaimer: Ideas for educational purpose, give thumbs up if you like.
Is VMART breaking out of the triangle?VMART has definitively broken out of the triangle pattern but is it time to get into the trade? The resistance zone seems to be close whereas the support is way below. Risk reward?
Disclaimer: I am fairly new TA.
Vmart maybe at the end of its 5 year runVmart has clocked in a record volume of 1.72 million on a down day. This is a monthly chart and if you notice the arrow pointing to the volume is for the month of July 18. The difference between the high to close is almost 900 points which comes to around 30 % of the stock price. The stock has since struggled to make new highs. We may expect a 50/80 rule by "Mark Minervini" to happen in this stock.
Tread with caution.
VMART GO LONGStrong Support at 1940. Go for long of immediate target 2261 and it will achieve 2800 soon :)
V-Mart RetailAnother stock at critical levels of a long term support level.
Be cautious of it breaks down it could easily test the 200EMA.
Possible brake out for either side I am looking this stock is squeezed , it may give brake out to any side , lets see how it unfolds
Regards
Short VmartIt rose on GST news
Reasons for short:
1)Fibonacci Retracement
2)Red candles on Bollinger Bands top
3)Low volumes on Volume profile(This is not shown because I 'm not a pro user here)
Targets based on retracement:
T1) 1079
T2) 1039
T3) 1000
