VSSL trade ideas
DAILY SWING CALL // Tuesday 13th of April 2021 // NSE: VSSLDAILY SWING CALL // Tuesday 13th of April 2021 // NSE:VSSL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 152.15
TARGET: 175 (15% Around)
STOP LOSS: 137 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
VSSL - Breakout & Retest DoneVSSL has given a good breakout last month and retest is also done on monthly timeframe. A good upside candidate.
VSSL CUP PATTERN BREAKOUTBREAKOUT AFTER 4 YEARS OF CONSOLIDATION PHASE
RSI IS ABOVE 60, VOLUME IS GREAT
BUY FOR TARGET OF 350 WITH SL OF 5 %
POSITIONAL TRADE
Vardhman Special Steels Last week volume was higher than recent consolidation phase. Now retraced to the recent breakout zone. Entry around 110 levels for medium term targets of 150.
VARDHMAN SPECIALIf stock able to hold above 67 and break 87 with volume then non stop run coming soon in stock. stock will hit 150-200 with 4-5 month if break 90 with high volume
