WABAG: Confluence of Multi Year Trendline, INV H&S PatternWABAG looks good with increasing volume and confluence of many patterns and Resistance breakout.
WABAG trade ideas
Breakout of wadgePrice has broken of wadge with volumes. Narrow bear spreads(with poor volumes) while making wadge , strong bulls in wadge (seems like accumulation) notice volumes of bulls in wadge. Price is above 200 MA. Breakout is bigger so put 50% first and once in favor put another 50(the capital u want to deploy) with 213.5(as sl)
WABAG - Breakout TGT 275Stock has given breakout today and we have recommended at 231. Nice rally and stock has potential to rally upto 275
Breakout Stock VA TECH WABAG LTD.* One of my favorite chart Set up.*In weekly chart made Inverted H & S chart pattern and before the breakout in daily chart made a rectangle .That very much convincing the reliability of breakout .
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VaTech - Breakout on high volumesA popular stock from a couple years ago but failed to deliver on its promises and subsiquently fell badly. The stock seems to be reversing its fortunes now not just domestically but also internationally winning some big orders from Europe.
The stock broke out today with super high volumes. Long at CMP with SL below 228. First target 290 (200WEMA)
Disc: I have a trading position in the stock.
WABAG for Swing to mid term - WeeklyNSE:WABAG Levels already mentioned.. Look for swing to short/mid term..
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Wabag at breakout levelThis strategy is based to breakout level. I personally used this strategy and is works nicely. Buy wabag stock at 228. Estimate target would be 304 and put stoploss at 222.
This strategy is made on weakly time frame so it will be a positional tarde
BuyBuy on daily close abv 240 stop loss 170 target - hold for long term.
Disc : it's not an investment advice to buy or sell
long 10 rupees upside double bottom with volume confirmation and budget resolution is good towards Wabag
longbuy wabage @205 to 207 target 300 to 350 in just one month stope loss 196
four time attempt to break out.
WABAG - Inverted head and shoulders & Cup and Handle patVA TECH WABAG weekly chart shows Inverted head and shoulders and cup and handle pattern. Can buy at cmp with a stop loss of 203 or can buy once there is breakout for further up move. Can go long with a trailing stop loss for the technical target of 237.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
Va Tech - EducationNo Buy Sell Suggestion.
Close above 210 is good
S/R mentioned in chart.
T in blue lines.
DAILY SWING CALL // Thursday 17th of December 2020 // NSE: WABAGDAILY SWING CALL // Thursday 17th of December 2020 // NSE: NSE:WABAG
// 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: 218.30
TARGET: 251+ (15% Around)
STOP LOSS: 196 (10% Around)
DURATION: In 15-20 Trading Sessions Target should be achieved
FOR STANDARD NOTES / DISC: Please refer my earlier posts on Tradingview.com
VA TECH WABAG LTD(LONG) Breakout done in WABAG charts(LONG).
CMP - 207.15
Stop loss - 186
Target1 - 217
Target2 - 227
Target3 - 250++
WABAGWABAG is forming a triangle pattern on the daily chart. The movement is very crucial. one can average at 186, 203. If it breaks these levels then further downfall expected until 150.
On a positive note, the price looks very strong and most probably it will try to find the breakout above 213 or 218. If this happened one can see an uptrend with resistance at 250, 270 and 310.
It's a good stock, can give handsome returns in coming days, suggest to HOLD and accumulate if we see the downtrend in coming days which is very unlikely.
WABAG formed a MORNING STAR pattern with good MACD buy signal WABAG formed a MORNING STAR pattern with a good MACD buy signal. Might be a good buy.
WABAG buy signal at 183 , 24% move to be expected I will go LONG on WABAG because:
1) The price is forming a Chanel or Rectangle Pattern .
3) The price is also under Support/Resistance zone.
4) It has touched the support and may reach the resistance zone .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 183
Target - 224/229
Stop loss - 170
