VMART
Vmart - 2 trades (Momentum + breakout)VMART - currently we are seeing momentum is in play and stock do short term consolidation before 3rd breakout.
if it breaks 3200, we can see long term breakout.
current target of momentum is 3200 and we will visit once it breaks 3200 . momentum trade SL is 2775
V-Mart 2 Nov 3893 Buy 😃 Ready For !!!!!NSE:VMART
You Can Buy V-Mart On This Base , This Is Very Useful
VMART 22/01/21 FridayPrice is moving in ascending channel. High possibility to achieve Target 1 . Trade Wisely And Smartly.
VMART - SET FOR A BIG UPMOVECmp 2759
Long suggested above 2820
Stop 2570
Target Open
Rationale:
Weekly :
1) Passes Mark Minnvervini's trend template
2) Price closes above quarterly pivot zone.
3) Pivot based EMA Oscillator (PEMA OSC) color change indicates a possiblity of next leg of upmove.
Daily:
1) Next period (monthly pivot) Pivot zone for daily charts is very narrow, suggesting a price in a possible contraction phase, signalling possibility of a big move in the day's to come.
2) Price closes above the current pivot zone and next period's pivot zone..
3) MORE IMPORTANTLY, VCP PATTERN OBSERVED. 40/23/10 - 3T pattern, meaning 40% correction / 23% correction and 10% correction in 3 stages with higher high formation.
