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Vaibahav Global-Bottom fishing trade

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VAIBHAV GLOBAL LTD (NSE:VAIBHAVGBL)  
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NSE:VAIBHAVGBL   VAIBHAV GLOBAL LTD
Trend Analysis Flag vaibhavglobal jewellery bottomfinder accumulation breakout chartanalysis priceaction flagformation
15
5
trendanalysis flagpattern vaibhavglobal jewellery bottomfinder accumulation breakout chartanalysis priceaction flagformation
Vaibhav Global Limited (VGL), is in the business of global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.
Logic: Stock is consolidating since few months after a huge fall and is trying to give breakout of consolidation. It can be a sign of accumulation breakout. It is a wedding season and stock can show some quick moves after a breakout.
Risky trade.

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Komen:
Keep an eye on this breakout
Dagangan aktif:
Breakout done with decent volumes. Stock might fly once 510 is crossed
Komen:
Retest done yesterday. If 520 is crossed, can expect big move
Komen:
T1 done today! I expect T2 will be seen very soon
Penafian

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