Vardhman acrylics riangle breakout with volume entry after retest
Join the ride at 40 Share is an avoid right now, it will go till 40. Then buy for a 50% upside.
Stock making double rounding bottom pattern on the horizontal support line. HH-HL pattern supporting the upward trendline. Safe bet can be taken above 73 or else a small portion at this level. Just my thoughts, not investment/trade idea.
BUY ABOVE 45 , ITS AN MULTIBAGGER , TARGET IS 80 SURE , THEN 120 PLUS...
*for educational purpose only. stock has given Breakout of downtrend channel pattern, and also breakout of monthly supply zone
VARDHACRLC accumulate till cmp to 38.5 Target : 50, 56, 65+ sl : 33 Risk is yours and Reward is too yours totally
1) Stock has bounced from the demand zone. 2) volume looks alright. 3) Sl close below 41.
Trendlines are marked. Candle is full bullish and volumes are splendid!
I'm merely testing a strategy here based on supply and demand. Fundamentally stock looks good but very erratic. Waiting for a breakout from an Ascending triangle. If it goes well, it would be wonderful. If it fails, it would be an experience. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep...