The 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..
18-09-2019
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..
BUY VENKEYS FOR LONG TERM ABOVE 1476 TGT- 1735 1916 2097 Closing base SL- 1131
How to follow our calls & earn maximum profit from our calls
1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU
2. When Target1 is ACHIEVED, TRAIL your SL to BUY/SELL PRICE.
3. Subsequently when Target2 is ACHIEVED, TRAIL your SL to Target1.
4....
Bullish 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.
2112 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.
Today 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.
