$NSE:VLEGOV LongNSE:VLEGOV
nifty500 nifty is breakdown. Yet another stock holding its trend towards the upside hits the Upper circuit 5%
Might have a potential for a good RR. ~4
VL E-Governance & IT Solutions Ltd.
No trades
Trade ideas
Amazing breakout on WEEKLY Timeframe - VLEGOVCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Looking good for an upmove based on my measured move techniqueThe measured move technique gives an 100% rise in the price for the last two weeks momentum drive.
In this particular chart we have seen a sustained rise in rpices for the last three weeks and after a breif consolidation the [rices are expected to contunue the move and target the level designated on the chart
The price moveemnt is purely identified based on a pattern that has resulted in similar moves in other chrta sand can in no way be traeted as a trade idea. It is meant for stusy for an educational purpse only.
Technical tradeRounded bottom breakout and retest with strong volume....Buying zone 91-94 if comes....Sl below 84.15 closing basis.....Only for educational purpose and not any recommendation......
