VENKEYS trade ideas
Short Term Investment Pick: 30-40% in 2-3 monthsShort Term Investment Pick: 30-40% in 2-3 months: Price looks attractive above 1845 with confirmation on daily level. We can see 2100/2300 soon on cards. It is also moving in ascending triangle pattern and can give good breakout. NOT A SEBI REGISTER, INVEST AFTER CONSULTATION WITH A FINANCIAL ADVISER. Views are solely personal.
BullishMade splendid recovery in 95 days from the low at 1005. The chart is bullish and short term support is at 1675, intermediate term target is 2300
VenkysThe stock has formed a falling wedge pattern; broken the upward resistance trendline and is sustaining above it (Bullish sign)
Consistent volumes and strength picking up.
A good stock for a long term perspective..
Venkys18-09-2019
Might see correction to 1500 levels - it is the best place to buy OR
In current situation It is better to only buy above 1810 on weekly closing basis..
Venkys falling wedgeVenkys falling drastically of the wedge.. the three dotted lines are the support lines
Venkys is falling of the wedge sharply.Venkys is falling of the wedge sharply. It has the below support a dotted lines
Venkys is falling of the wedge sharplyVenkys is falling of the wedge sharply. It has the below support levels marked in dotted lines where the price can get suppport
VENKYS - Bullish Bat - 4H TFBullish Bat pattern on 4H Chart of VENKYS. BUY 1543-1545, SL - 1474.9, Target(s) - 1615, 1630.( POSITIONAL )
I started learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Resistance is working2112 seems to be a strong resistance, as it failed to surmount it in the last two trading days. The stock earlier got support of the descending angle and will eventually cross 2112 to be in contention in a couple of days.
May turn bullish when it crosses descending angle on MondayIf it turns bullish and remains in green tomorrow, intermediate term target will be 2630. Support at 2015
BullishSupport at 2725, Resistance at 3000. If resistance is crossed on closing basis, next target is at 3378
Made good moveToday the stock came back from 3/1 resistance. Tomorrow it has to close above 2370 to move further. In case it is able to do so, the naxt target will be 3314.
ConsolidatingVenky's: Support at 2564, resistance at 3130-3150, if it crosses, an upside up to 4850 can be seen in medium term.
Venky's coul not cross resistanceVenky's coul not cross resistance and closed lower. Likely to cross and cose above 3205 on monday. Next target 3950.
