VINATI ORGANICS NSE:​VINATIORGA

Yellow: Pin bar wick range broken with strength on down side This confirms the direction unless red range of strength candle is cancelled by a green candle

with a good comeback again to the levels , where downtrend had began its story , now stock looks promising !

Wave (5) in progress CCI(M) crosses 100 Top is not confirmed as only one strength candle appeared M close > 1043 and high >1125 will be ATH breakout Target 1353 / 1494 / 1722 SL 664.90 Wave (1)

i feel that the stock must retest levels of 1000 , 960 and then should go further to make new highs.

Stock can be buy at CMP and Add near 850. And Sl-825

This pattern pays if happens at bottom of trend,

Cup Handle seen on weekly charts. Near its 52 week levels. Check Fundamentals.

Vinati Organics ready to break out of weekly Cup and Handle pattern. Buy on a retracement after breakout from the neckline

After a brief time consolidation, Vinati has broken out with good volumes today. Looks good for more. All corrections towards 580 are good levels to buy