Hope you’re doing well! The VCP trader is back with a new idea. The attached chart is of Chalet Hotels, and as we can see, there’s a solid base formation on the daily timeframe—this base has been developing for 10 months. As VCP traders, our task after identifying the base is to spot the three legs of the pattern. The three legs of the VCP are marked on the...
Hi there, VCP Trader here again! Hope you're having a great day. Have you ever witnessed a stock double or even triple in value? I’m sure you have! But have you ever wondered what drives such massive returns? While fundamentals and earnings certainly play a role, I’m here to shed light on the technical side of things. Take a look at the monthly chart of Prime...
Good day, everyone! Today, I’d like to discuss a cryptocurrency that has recently caught my attention. The chart is quite clear, showing that the instrument has been consolidating on the daily timeframe for about a month now. As you may have seen from my previous posts, I typically follow the Volatility Contraction Pattern (VCP) by Mark, but I’ve adapted it by...
Hi everyone, Hope you are having a Gooday. The vcp trader is back with a new trade idea. The stock name is SONACOMS Trade Idea: SONACOMS Long Position Instrument: SONACOMS Time Frame: Daily Trade Type: Long The price of SONACOMS has recently shown bullish momentum and is approaching a favorable entry point. Currently trading at 729, the stock is poised to...
Hi everyone, Hope you are having a good day. Let'sdiscuss the trade idea on copper. I use a volatility contraction pattern which is given by Mark Minervini. I believe before every explosion, there is a contraction or what i better know it as "silence" Obviously we have to take all the other things under consideration (like prior upmove, uptrend/downtrend, how...
Long Oil India 634 SL 620 Swing I am looking at this stock and the stock has spent a considerable amount of time in the base as shown. I trade with a specific pattern known as volatility contraction pattern. I am expecting a similar moment as shown with the yellow marker. Traders can get in this. I expect the stock to cross 700 next very soon.
Hi Everyone. The chart that is shared is of Radico Khaitan. I expect the stock to cross 1850 in upcoming 2 weeks. Traders can swing this and expect a good move as shown in the picture.
Orchid pharma is trying to form a VCP. We will be targeting at least 2 r in the trade.
Hi everyone as it can be seen in the picture. Chennai petrol is trying to form a vcp ( volatility contraction pattern). Traders can aim for 900+ levels with a stop loss of 866 as shown in the image.
Long Zilusdt @0.03737 SL 0.03557 The idea is of hourly vcp structures. I expect the price to move up instantly.
Investment opportunity in CNX IT As we can see the chart is of 1 week time frame. We have corrected from the highs sharply. Now the market moves in waves and is very unlikely to continue to fall further. Any fake breakout on these levels will trigger longs on th IT index. This is a weekly trade so you can invest in CNX It through IT bees which is trading at 28.05...
Hello everyone. The chart shared is self explanatory. The stop loss in the head and shoulders is considered to be the size of the shoulder. So if we can get a shoulder ( Higher low) we can place the stop loss there.
Hello everyone. This is Ambuja cements hourly chart. As we can see there has been a volatility contraction on the charts. By theory we are also aware the contraction, higher is the building errected from it. Also the chart pattern is a Symmetrical triangle. We can expect price to move up if it is breaking 370. Our immediate targets will be 380 and 390. Stop...