1) Crucial support tested more than 3 times
2) Inverted Flag pattern
3) The consolidation is very tight
4) market sentiments are bearish today
5) Target is at crucial Support in daily time frame
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
NSE:VBL
let see the price action = pattern breakout + good volume
let expect up trend from this stock
fix your stop loss as per your R:R
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NSE:VBL shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 1135.55
Stop Loss: 1028.30
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here....
NSE:VBL
Hello all!
VBL has been stuck in a range since August 2021. After about 9 months of consolidation, It is now near its lower trendline and there are high chances that the stock might break out from here.
Though the perfect entry would be after the breakout, accumulation in small quantities can be done here.
*NOT A CALL*
buy above 1015 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
