V Guard - BULLISH

Telah dikemas kini
1. V- Guard has consolidated for month and half in 250 - 270 zone and it's now in strong support zone.
2. It's also above 200, 150 and 50 EMA which shows good trend.
3. ADR is contracting significantly, which shows an impulse is pending soon.
4. 16th July has inside CPR with contracted CPR, which infers a high probability of trending day.
5. Also, since many states have unlocked, expect demand to surge soon.
6. Earnings is in July which should show good signs.
7. Can buy at CMP or 251 or 284 for conservative traders with SL of 8% from entry price. Target will be 300 in short term and medium term target is 330-340.
8. Lastly Monthly pivot has HV relationship with narrow CPR. So, chances of trending is high.
9. Fundamentally stock is overpriced.
10. D/E ratio is 0.7 which is very good.
11. Very good cash flow company.
12. FII and MF has high investments into company ( BLACKROCK has increased from 0.4% to 5% holdings) and promoters have increased shareholdings.
13. Finally, invest wisely with strict SL and position size.



Bonne chance!!
@Sacredmonkey
Dagangan aktif
Trading Active for Aggressive traders - Buy at 254

For conservative traders - u can buy at 254 or higher with 25% of actual qty based on your capital.

Example -
Entry price - 254
Stoploss = 234 (8%)
Target - 295 (16%)
Qty = 406 (based on capital of 22lakhs)
25% of qty = 102

if price hits SL then u lose 2073 rupees only and if price keeps moving up then start adding more qty.

Hope this helps.
Dagangan ditutup secara manual
Guys. Please exit the positions. Broader market looks heavily short. Please exit.
Bullish PatternsFundamental AnalysishtfanalysisTechnical IndicatorsmtfanalysispositionalTrend AnalysisVGUARD

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