VRLLOG BO on a weekly timeframe. It did break out from a large weekly base previously but then broke down. Last 3 weeks it has broken both level as indicated on the chart and this week it gave good volumes as well.
Came up in screen for 1 Month momentum, lets see how this rolls further.
Fundamentally stock hasn't given good quarters recently. So not sure about...
Market Cap ₹ 6,570 Cr.
Stock P/E 39
Industry PE 26
Dividend Yield 1.08 %
ROCE 18%
ROE 20%
Debt to equity 0.74
OPM 15%
EBIDT growth 3Years 10%
Promoter holding 64%
EPS 36
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of...
#VRLLOG trading above Resistance of 656.65
Next Resistance is at 980
Support is at 455.85
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
Bullish view on VRL logistics
Buy 692
SL 640 with target 840
Strictly follow money management and risk reward rules.
Disclaimer - It's not a call and tips only for educational purpose analysis
VRL LOGISTICS broke the weekly consolidation upward resistance in daily with bullish. If it opens and sustains above 725 daily it will reach the short-term target of 859 and the long-term target 992 in weekly extension trend line
Two things are happening in the stock, the first is the rounding bottom pattern and the second one has taken the rejection from the trendline and VRLLOG:- has gone back to the upside, as soon as the breakout is given, you can make some plans.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest...
This is follow-up on VRL Logistics. Can check link to related ideas.
Target 3 achieved. More than 52%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
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 .
Disclaimer: 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 near 590 can play long term. Strong trendline break-out. Entry,...
VRL 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 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.
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 patterns marked in the chart, display these characteristics.
3. The...
![VRLLOG: VRLLOG BO [Weekly]](https://s3.tradingview.com/g/gayqyawN_mid.png "VRLLOG BO [Weekly]")
