Vishal Megamart is Trading with the Rising wedge Pattern just borken the pattern there will be little resistance at 202.70
Upside will be 250 in a weeks time
Downside will be 170
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL...
Either Side breakout possible.
(most probable breakout on upside based on moving averages)
Potential targets marked with green lines.
SL will be low of breakout candle.
Targets based on support resistance and not pattern based.
Keep this stock on your watch list. With all retail players getting good demand from buyers. This stock could potentially be breaking out.
Wait for a bounce before taking a position. Could potentially start moving up from Monday (10th Feb).
There is a triple positive divergence on the RSI.
Once gain, wait for the bounce before trying to catch this stock. For...
V2retail has tested its lower level and may start to run upside
Buy at 98
SL = 88
T1 = 110
T2 = 130
T3 = 145
and more..please follow fib levels for more targets as shown in chart
NSE: V2 Retail Possible long for 300+
Chart suggests possible long @ current level with Stop loss 245 , for a target of 300+
Time frame 4 to 6 weeks.
245 looks to be a strong support.
V2RETAIL somehow need to sustain above 465 tomorrow to show upside till 520 as 1st target and 560 as second!! Today's price action suggest that price is rejected and has closed below resistance area of 465! If tomorrow buyers can make it sustain above 465 then good sign for buying coming! On the positive note, CCI 100 has crossed above zero line indicating a...
