UPMOVE EXPECTED BREAKOUT BULLISH WAVE
Just updating cause a breakout is expected from the price movement i see.
The results came out which were not good but i expect the company to show a breakout from bulling wave pattern .
Key stats
Market capitalization
56.765BINR
Dividends yield (FY)
1.25%
Price to earnings Ratio (TTM)
30.50
Basic EPS (TTM)
21.10INR
About VRL LOGISTICS LIMITED
ISIN
INE366I01010
Sector
Transportation
Industry
Trucking
Website
vrlgroup.in
Headquarters
Hubballi
Employees
20.788K
Founded
1976
VRL Logistics Ltd. engages in the provision of logistics and transportation services. It operates through the following divisions: Goods Transport, Bus Operations, Sale of Power, and Transport of Passengers by Air. The Goods Transport division offers services for the transportation of goods and also engages in courier business for transportation of small parcels and documents. The Bus Operations division offers services of transportation solutions through buses. The Sale of Power division operates wind turbine generators. The Transport of Passengers by Air division offers services for the transportation of passengers by air. The company was founded by Vijay Basavanneppa Sankeshwar in 1976 and is headquartered in Hubballi, India.
Bullish in VRLLOGDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Took support multiple times n
Swing Opportunity in VRL LogisticsVRL gave a breakout from its consolidation box & it retest that level the following next day it took support where there was 3 EMA's confluence it is a high Risk: Reward opportunity to go for a short swing
VRL Logistics Cmp 605 dated 11-8-2022 2.19am Live mkt recommendaVRL Logistics Cmp 605 dated 11-8-2022 2.19am
Live mkt recommendation
1. Trendline Support @ 590
Buy for a tgt of 640-670-700-720-785 SL 550
It is just a view, pls trade at your own risk.
Bearish Engulfing Pattern...For the bearish engulfing pattern, there are 3 criteria:
1. Market has to be an in an uptrend. The VRL price was in an uptrend until it reached its high and then the bearish engulfing pattern formed.
2. The second body of the pattern must engulf the prior real body. Here, both the engulfing pattern
VRL LOGISTICS TARGET 595VRL LOGISTICS weekly closing is good above the raising wedge support. Travels towards raising wedge resistance.Target 595
VRL logistics Plan your trade trendline breakout ..Buy Set up Upside Move Possible only Education Purpose Only
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Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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