vprpl - with double bottom vprpl is downward going stock but recently stock has made double bottom and today stock become supertrend positive on daily chart.
Next resistance would be 191 and 220.
around 220 there is old gap and previous support also. so stock may go consolidation around that level of 220.
VPRPL trade ideas
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2
Stop loss can be Trail when it make new box / Swing.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
VPRPL Giving a Very Low Risk Entry after Episodic PivotVPRPL
—>Market Cap 2700 Cr
—>Bags Order Worth Rs.1000Cr. in last 15 days
—>Gapped Up on 27th Dec on News of Huge Order
—>Retraced with Low Volumes
—>Made a Base Near Gap Area
—>Today Broke the Range of Last 6 Candles
—>Made a Pocket Pivot Volume Today