1.Sustaining above 50DEMA 2.Formation of double rounding bottom
VTL touches fib retracement golden ratio level and moving upside, Target must be 844
VTL is looking for good breakout and expected long term target would be 900-950 with SL of 610
Tripple Bottom Chart breakout. Buy for 10% upside
Monthly Demand Zone --> 1111 - 1025 This is My Personal View Please Do Your Own Analysis
CCI (HTF) > 100 TGC True Target 1413 / 1447 / 1559.95 / 1596 SL 1298
VTL has demonstrated upside breakout on weekly chart. RSI is also rising. Possibility of this can be a good breakout is that its holding company VHL has already risen 60% past week after similar breakout & I am expecting VTL to demonstrate somewhat similar move.
Vardhman Textiles:1173 is at a long term support, a fundamentally strong scrip highly under valued at this level. Res:1260 &1400 (open to sky) actually worth a ₹5000. Support:1139.
vardhman is moving on lower tops in lower channel. same with RSI as well. next few days it will have down trend and lower end It can go down to 1280 on 20 April 2017