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VINATI ORGANICS LTDVINATI ORGANICS LTDVINATI ORGANICS LTD

VINATI ORGANICS LTD

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VINATIORGA trade ideas

VINATI ORGANICS --POSITIONAL VINATI ORGANICS --POSITIONAL -- DAILY CHART --SETUP 1. VINATI ORGANICS seen daily chart at trading upper channel 2. stock seen following Support at supportive trendline consecutively, 3. Resistnece breakout seen above 2100 LEVEL on daily chart 4. trix line seen at oversold level double bottom support and bullish crossover seen at this line , short to mid term bullish indicator 5. trendline breakout seen at same level 6. this quarter result look very good growth on revenue and profit margin too, 7. one can initiate buy above resistance breakout line 2100 for positional target 2150-2200-2300 ( 1-2 month ) stop loss bellow trendline support 1850 THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own Risk ! HAPPY TRADING .!1
NSE:VINATIORGALong
by champtrade111
2
Range Bound Breakout expected at 2184NSE:VINATIORGA Structure : Range bound What is range bound market? Whenever a stock or index is trading between support and resistance it is called Range bound. There is no strong move in either direction. Prices tend to ping back and forth near old highs and then fall to prior lows. The range-bound movement usually occurs at the end of a large move as the bulls and the bears fight over the direction of the next move. Generally breakout occur at the previous direction of the underlying. Range Bound Level : 1770 to 2130 Range bound levels are clearly drawn in the chart as support and Resistance. Break out level : 2184 CMP : 2170 Advance Buy Order @ >= 2185 Reason : Range Breakout at 2185 Long Term Target: 2540 - 2560 + + + Short Term Target : 2300 - 2400 - 2500 - 2540 + + + Note: BUY only > = 2185. CMP 2170
NSE:VINATIORGALong
by FalgunPrajapatiTrading