📊 Script: VAIBHAVGBL
📊 Sector: Diamond, Gems and Jewellery
📊 Industry: Diamond Cutting / Jewellery
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it .
📈 Script is giving Double Bottom Breakout we may see some good rally.
📈 Already crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Script may give some profit...
After good long correction this stock is showing strength.
1. Earlier resistance of 390 levels have become support.
2. Good buying volume
3. Retest of bullish super-trend
SL being 17% qty needs to be controlled.
However considering RR ratio of 5 I would keep it on my watch to buy on dip.
Target and SL on chart.
Analysis for educational purposes only. I am not a registered analyst.
A Higher High Higher Low structure on price action is considered as an uptrend.
- In the weekly chart, we see a breakout of previous Higher High.
- Higher High is retested which is an ideal entry point.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest...
Stock :-VAIBHAVGBL (short term investment stock )
Formed pole & flag chart pattern in weekely timeframe . Looks good for short term investment.Trading at 474 Keep sl at 388 ..target can be
580 / 720 / 820 / 902
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your...
NSE: VAIBHAVGBL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 12% to 19% gain on deployed capital in this swing...
Flag Pattern formation on daily and weekly chart.
Wait for Breakout confirmation on weekly chart
Huge Vol. in this week
Can see good movement in next 4-6 months
VAIBHAVGBL
1) Time Frame - Monthly.
2) The Stock was in downtrend since 2021 and had a breakout in August, 2023.
3) It has been consolidating since August, 2023 and has given a breakout with bullish momentum & Huge volume.
4) The stock may reach its previous Life Time High (1050) in the long term.
4) Recommendation - Strong Buy
VAIBHAV GLOBAL is in tight consolidation and expected to give another breakout, probably a POLE & FLAG pattern. Targets are marked on the chart.
NOTE: I'm not a SEBI REG. Study before investing.
Vaibhav Global Limited (VGL), is in the business of global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.
Logic: Stock is consolidating since few months after a huge fall and is trying to give breakout of consolidation. It can be a sign of accumulation breakout. ...
Coming out of base of 19Weeks. Classic Cup with Handle pattern formation.
Entry: Wait for confirmation on pullback (480-490) with SL of weekly close and follow through right below these zone.
Possible levels that can be tested in future are 580 - 605 - 635
(Overhead supply/resistance + 61.8% retracement)
Disclaimer: This is just a study and shared here for...
