📌 Key Observations:
The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation.
A breakout above the trendline resistance could trigger a strong move upward.
Volume spikes suggest big money involvement, confirming the breakout probability.
📊 Technical Levels:
Support: ₹56.56
💡 Trade Idea:
Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56.
📚 Disclaimer:
This is for educational purposes only. Always do your research before making any trading decisions.
The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation.
A breakout above the trendline resistance could trigger a strong move upward.
Volume spikes suggest big money involvement, confirming the breakout probability.
📊 Technical Levels:
Support: ₹56.56
💡 Trade Idea:
Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56.
📚 Disclaimer:
This is for educational purposes only. Always do your research before making any trading decisions.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.