AvinashMudaliar
Panjang

TREND CONTINUATION SETUP : VTL

NSE:VTL   VARDHMAN TEXTILES
VTL WAS IN LONG CONSOLIDATION INSIDE BOX. BOX BREAKOUT DONE.

ENTRY WILL BE ABOVE RECENT HIGH 1595.95 (1596) TARGET WILL BE MINIMUM N WAVE COMPLETION AT 1650.95

ALSO THERE IS A TREND CONTINUATION SETUP IN MAKING. IF ENTRY TRIGGERS THEN ITS ALSO A INDICATION THEN UNDERLYING TREND WILL CONTINUE ( IN THIS CASE UNDERLYING TREND IS BULLISH , REMEMBER THE BOX BREAKOUT ?)

HARMONIC TIME BASED SUPPORT TAKEN AT KS CONFLUENCE. (ALSO LOOK AT LOW 1400, WHOLE NUMBER)

HENCE I PREDICT THIS STOCK SHOULD CONTINUE TO RISE FROM HERE ON. RISKY TRADERS CAN BUY TOMORROW OPENING RATE WITH SL 1390.90

Komen: The Risky Buy has hit SL. Waiting for Original Buy Setup to Trigger.
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