BULLISH FLAG BREAKOUT ON WEEKLY CHARTSVSSL has given a bullish flag breakout on weekly charts. Breakout is supported by volumes. Length of pole is 244. Breakout at 280. So target comes to 524/-. SL can kept below 260/-.
VSSL trade ideas
VSSL C&H breakout. 284 will act as a major hurdle , closed above 284 could lead it towards 306 . keep an eye place sl below 264
Vardhman Special Steels-Wave AnalysisVardhman Special Steels-Wave Analysis
As seen from the chart we can assume that the wave 2 of primary degree was so deep in Vardhman Special Steels.
The intermediate 4th is about to complete.
The target of 337 is projected with the help of extension tool.
As it has broken out of the channel, and may retest the support before going forward or may move further for ultimate target.
This is not a trading or investment advice, do your own analysis before going for any trade execution.
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Vardhman Special Steels VSSL- Inverted Head and ShouldersVSSL is forming an inverted Head and Shoulders. Buy for a target of 305-307.
VSSL VSSL CMP -278
Target - Open
SL -210MCB
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VSSL (vardhaman specialdaily chart of VSSL
educational purpose only
downtrend broken and sustained
CMP: 253.55
SL below 241.80
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders, keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Watch for Resistance Breakout above 256.25VSSL looks goods for Intraday & Swing above 256.25 for more than 10% move
VARDHMAN SPECIALS Trendline Breakout Swing TradeNSE:VSSL Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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Expecting Breakout ✌✌✌This scrip is expected to give breakout as it has formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
All time highBreaking the previous resistance with good volume>Momentum looks good and volume is strong
Definite BuyI have marked with flags at all places wherever morning styar pattern has happened in near past. So whenever morning star has happened mostly the stock price has gone up always. So this time also it will go UP
Also see how beautifully the fibonacii retracement is foillowed. So the resi9stance of fib is broken and surely it will go up and also see the trend resistance line tested 3 times. This also indicates up rise.
Look at the RSI and MACD indicators its also positive. and the volume is so good.
No doubt this share will rise sooo high.
VSSL looking good Positionally1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
vardhman special steelsAs it is looking good in charts and forming a rounding it will be seen a good move further in months time period
VSSL - ROUNDING BOTTOM VSSL had made a rounding bottom on weekly charts !!
It is also trading at it previous all time high !!!
The stock is expected to up from here and personally feel 275-300 are first targets.. it shud easily easily easily reach there !!
Vardhman Special Steel Range BreakoutRange Breakout
Buy Vardhman Special Steel
Cmp - 197.35
Add More If Price Drop To 176-180
Strict SL - 133 (Weekly Closing Basis)
Target - 350
