VRLLOG trade ideas
Trendline Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in VRLLOG
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: VRLLOG for more than 5%
VRL Logistics ready for the uptrend!🤩💸🔥Buy VRL Logistics for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Leading Player in Road Logistics: VRL is an established logistics service provider in India with the largest fleet of owned vehicles in the country.
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💡Business Segments:
A) Goods Transport (90% revenue in FY21)
B) Bus Operations (7% of FY21 revenue)
C) Sale of Power (1% of the revenue)
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock had given a Multi-Year Volume Breakout in November 2021 and then it was in consolidation. With the recent announcement of the Q3 result which is amazing the stock has given a breakout of the consolidation with a heavy volume. A strong rally is expected from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
VRL Logistics✔️ VRL Logistics
🔹Breakout with volume
🔹expecting a good movemnt
-promising chart
🔹our first entry at 420 range
here is the second opportunity
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 67.55%
ABOUT THE COMPANY
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The operations of the Company are spread all over the country through various branches and transshipment hubs.(Source : 202003-01 Annual Report Page No:132)
🙏Study the chart then Invest
HUGE MOVEMENT IN VRLLOG....???? NSE:VRLLOG
as VRLLOG has faced resistence around 480-485. yesterday it broke the ROUND BOTTOM NECK PATTERN.but today even though having chances to shoot up,it failed to rise and formed a huge shadowed DOJI (with HUGE VOLUME in the entire nov-dec month),if it succesfully begins to trade abouve 487 we can have a gud bullish patterns.........
positional trade: consolidating above long term resistance given a trendline breakout on daly chart
can buy for positional if closes above 500
keep stoploss below 400
invest amount which you can hold for positional trade
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis