📊 VMART RETAIL – Daily Chart Analysis
🟢 Key Highlights:
Metric Observation
CMP ₹807.35
Pattern Breakout from resistance + Volume Profile (VP) analysis
Volume Strong bullish volume confirming breakout
VP Analysis Large volume node (₹800–₹820 zone) 📈
Next Resistance ₹840–₹860 (previous swing highs) 🔁
Support Zone ₹780–₹800 (new support post breakout) 🟩
📈 Technical Interpretation:
✅ Breakout of Resistance (₹780–₹800 zone) with good volume confirms buyer dominance.
✅ Volume Profile (VP) shows high activity near breakout, indicating institutional interest.
⚠️ VP Strength weakens above ₹840 – possible low resistance zone for price acceleration.
🟢 Target zone ₹840–₹860 should be tested quickly if volume sustains.
📦 Trade Plan Summary
Action Price Range
Buy on Dips ₹790–₹800 zone
Stoploss ₹770 (below volume node)
Target 1 ₹840
Target 2 ₹860+
Risk:Reward Approx 1:2 ✅
🔍 Extra Notes:
🔄 If ₹860 breaks, open sky to ₹900 possible due to low VP density.
📊 Best suited for short-term swing with tight SL and volume confirmation.
✅ Confidence Score: 7.5/10
Volume ✅
VP confirmation ✅
Clean breakout ✅
Resistance ahead ✅ (needs caution)
🟢 Key Highlights:
Metric Observation
CMP ₹807.35
Pattern Breakout from resistance + Volume Profile (VP) analysis
Volume Strong bullish volume confirming breakout
VP Analysis Large volume node (₹800–₹820 zone) 📈
Next Resistance ₹840–₹860 (previous swing highs) 🔁
Support Zone ₹780–₹800 (new support post breakout) 🟩
📈 Technical Interpretation:
✅ Breakout of Resistance (₹780–₹800 zone) with good volume confirms buyer dominance.
✅ Volume Profile (VP) shows high activity near breakout, indicating institutional interest.
⚠️ VP Strength weakens above ₹840 – possible low resistance zone for price acceleration.
🟢 Target zone ₹840–₹860 should be tested quickly if volume sustains.
📦 Trade Plan Summary
Action Price Range
Buy on Dips ₹790–₹800 zone
Stoploss ₹770 (below volume node)
Target 1 ₹840
Target 2 ₹860+
Risk:Reward Approx 1:2 ✅
🔍 Extra Notes:
🔄 If ₹860 breaks, open sky to ₹900 possible due to low VP density.
📊 Best suited for short-term swing with tight SL and volume confirmation.
✅ Confidence Score: 7.5/10
Volume ✅
VP confirmation ✅
Clean breakout ✅
Resistance ahead ✅ (needs caution)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.