A bullish Weekly Inverted Head and Shoulder Breakout has been confirmed in V-Guard Industries. One can look into it for investement purpose and can buy at 284 with 260 as Stop Loss for the first target of 321 and 2nd target of 356.
This is only for Education Purpose.
ake Weekly Swing Trade and Grow your Protfolio.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%
SL can be Maintained below Breakout Candle
Rule 1 : Never Do Averaging if the Stock moves down ; One can Add more Qty if Stock moves...
V Guard Industries is forming an inverse head and shoulder pattern, the head for this pattern is quiet large therefore this could move to 400-450 levels from here now considering there is already a breakout and retest of weekly time frame.
VGUARD has given Cup n Handle pattern breakout with strong volumes and good price action.
Target: 310, 360+ then 400+
SL: 270
Note: This stock has been consolidating since 5.5 yrs around 250 price. As it is breaking after long time, the movement can be huge and good upside potential in coming weeks. Looks very good for long position.
Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
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VGUARD:- Stock has formed head and shoulders pattern wait for proper breakout till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
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VGUARD is at the upper range of 5 year consolidation, near 270 levels.
A weekly close above 270 levels will give confirmation on new upside journey.
Target is coming to 355 and 395 levels.
Target timeframe: 3 to 6 months.
Note: Since the consolidation is around 5 yrs, we may see a new bull run after breakout at 270 levels with good volumes. Can expect 2x / 3x...
~Currently V GUARD is trading on all time high resistance.
~You can add 1 st tranche at the current level.
~Add second tranche after the confirmation of break out.
~Will this stock give break out or not. Please share your comments with a reason.
i think all trend is positive for long term i am analysis all fundamental or technical view
this company growing day by day year on year .300-350 target.
