VRL Logistics - 30/05/2021After trading in a narrow range, the stock gave a very breakout with good volumes. And is now consolidating, forming a triangular pattern.
Buy above the triangular pattern breakout.
Target 275/300 ++
SL238
VRLLOG trade ideas
VRL Logistics - CMP: 229The stock has given a slopping channel breakout on the daily chart. RSI also turned to bullish bios. We can expect Chanel target as 260 in the near term.
VRLLOG swing trade ideaFalling wedge pattern / triangle pattern has been broken with a strong volume, price has taken support on previous resistance and support and has bounced on 200 ema, price has even broken 50 ema, macd and stochastic RSI have signaled buy.
VRL LogisticsSelling pressure drying up as it is approaching balance, Long CMP till KS Targets Marked on Chart
PRICE ACTION ANALYSIS ON VRL 12.04.21BUY 232 TO 225
TARGET 289
Reason For Buying This Script :
It has broken strong resistance line 230 & close above 230 level in monthly candle , it shows in positive trend .
Now retest moment is happening. So we can go for buy .
Once the price sustain above 289 and close above 289in monthly candle means . And the next target up to 396.
It is following trend line & support resistance line .
Note :
Above given levels are based on Monthly & Weekly time frame . Be patience it will take some days to achieve the target.
ALL THE BEST .....
VRL- Can reach 450VRL Logisitics can reach 450 once crosses resistance of 300-310. Taking support at 200 EMA on weekly timeframes and RSI is 60+ in daily timeframe.
VRL Logistic: Pennant Pattern Breakout on Weekly and Daily ChartVRL Logistic : Bullish Technical View:
Pennant Pattern is being broken on Daily and Weekly Chart,
Sustained above Levels of Breakout
Support : 180
And Its Targets : 235 and 285+
Education Purpose Only
VRL LOGISTICS BREAKOUT AND RETESTED Positional Trading Opportunity $ Weekly Chart Alert $
1) Buy Above : 198.00
2) Target : 233.00 - 248.00
3) Stop Loss : 179.00
4) R : R : 2.63
5) Expected Holding : 2 - 3 Months
VRL Logistics double topBUY: 194.45
Stop Loss: 184.95
Target: 220+
Indictor: Double Top
Supporting Evidence: EMA 50 is crossing below.
VRLLOG Weekly BO zone - Best for trading/investing for mid/long NSE:VRLLOG Levels already mentioned.. Good candidate for swing and investing if interested..
Extra tip: Debt free and even other fundamentals are not bad with the company.
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 educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
VRLLOG - 1D TF - Rectangular BoxRectangular Box Breakout above 185. High Volume is a pre-requisite. SL 154.9/158.9, Target(s) - 200, 210, 220. High Volume on 19th, 20th, 26th & 27th of August. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Positional call - long to midterm Investment idea VRL Log CMP 1Positional call - long to midterm Investment idea
VRL Log CMP 156
Weekly demand zone - Trend line breakout - Inverted Hammer @ Demand zone - RSI Divergence
Buy for target - 200-225-270-300+400-500-600-900-1500+
Holding period 1.5-5 years
Add more of get @ 120-135 levels
VRL Logistics Trade Idea Rectangle consolidation for the last 8 months. Increase in volumes in the last few sessions. Enter long trade if there is a good breakout with volumes.
Buy above 186
T1 : 230
SL : 177
Thanks!
P.S. The rough time stop loss I set on all my trade is about 20-30% of the time the pattern took to form. Be rest assured regardless of the direction my trading ideas proceed in, I'll update the idea to reflect the same.
VRL logistics 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
VRLLOG, DARVAS BOX OF 218 DAYS CONSOLIDATION (CHART# 363)VRLLOG has been trading in range forming DARVAS box and today has given good volume & bullish candle. If this break 186 and able to sustain the level, then can be good for positional pick with potential to go up to 220 which is also coming as target from both resistance & DARVAS box range.
Intraday can also be taken in this if give breakout of 186.2 tomorrow.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
question on vrlBad Stock, Bad Trend.
Personally won't recommend this to anyone till there is clear trend.
Support zone 144-151
Resistance at 184
if bought hold till its holding support.
if not avoid or buy near support zone so that risk is small
VRL - Book Your TicketsClose above 185 (Daily/Weekly), might take this stock to 210-215 levels, SL (174 DCB)..
