Cup and Handle Pattern #Breakout in #VESUVIUS (Vesuvius India Ltd). Its #Outperformed #Nifty. BSE: 520113 \ NSE : VESUVIUS What Is a #CupandHandle #Pattern? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward...
High Volume Area Is Broken By High Price And It Is A Long Channel Breakout Also. Its Peer Is Already In High Momentum. Now, Its Vesuvius India Time.
Position build upzone from 980 to 1135 for long term - 1 year Profit potential of 30% Sl compulsory Qty: 1% of total profolio
This scrip is expected to give bounce back as it lies in Demand zone. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
In weekly time frame it looks like breakout pull back set up and in monthly, it is triangle breakout and trading range within the triangle. SL compulsory duration : 1 year
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
VESUVIUS Weekly: Looks good for more upside above neckline on closing basis. 1) Inverted H&S 2) Volume Buildup 3) Manufacturer of specialized ceramics
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
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...
My idea is for educational purpose. Buy Vesuvius @994 for short term gain o 10-20%.
My wave analysis suggest a good buy opportunity is coming soon.. Check it out.. IF you like it please click on the LIKE button. Cheers