VAIBHAV GLOBAL LTD

NSE

VAIBHAVGBL

Good level for positional entry

NSE: Vaibhav Global -Is it a Buy for Second Breakout to 921? Since the last breakout from level of 621 on Oct 30, 2017 Stock is consolidating in the range of 796 to 639. During correction fell from 779 to 579 level. Bounced back from 579 to 767 and trading between 735 to 701 Charts showing triangle formation Technically with long at current level, stop loss @ 678...

Please see charts for details . Weekly charts look like a big cup and handle. Disclaimer: Not an trading/investing recommendation Do your own Analysis Invested

VaibhavGlobal- Complete Close above 775 may bring Target of 895 in 1-2 months duration. CMP- : 764.60 Dt:- 19sep-18 NSE:VAIBHAVGBL

Accumulation phase, very big upmove seem to be on its way (Expecting 1000-1111 levels)

VAIBHAVGBL has formed ascending triangle pattern on daily chart. RSI is also above 50. Stock is above 50 SMA. Breakout above 730 on closing basis. Pattern failure below 700 on closing basis.

Opinions welcome ! :-)

If u are investor get boarded and stay invested for trader buy above