DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
Vesuvius India
Cmp - 1086
Stop - 890 on DCB
Expectation -
T1 - 1500
T2 - Open, Review at 1500
Expected Holding Period - 240 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
buy at 1087-1097 level
stock has been in consolidation for 2 years
recently all major moving averages have converged
breakout and retest of triangle pattern
sl below 995
consolidation breakout on daily chart.
Good volume traded today.
RSI above 60 on daily chart.
just 6% below from long term resistance trendline on weekly chart.
trading below 200 WMA, tested multiple time,
NSE:VESUVIUS Levels are Mentioned in the chart... Look for Swing...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for...
Vesuvius India Ltd. engages in the business of manufacturing, trading, and selling of refractory products. The firm has four factories one each at Kolkata, Mehsana and two at Visakhapatnam and one manufacturing arrangement at Salem. It also involves in iron, steel and industrial processes. The company was founded on September 6, 1991 and is headquartered in Kolkata, India.
NSE
