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VCP

BDKR - PRIMARY BASEI bought my positions today May 25, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. It has a very tight pivot level/line of the least resistance 4. High relative strength stock 5. It has VCP characteristics 6. I got an 80% win rate on a primary base setup Flaw: 1. The market is still in a correction 2. Lack of setup in the market I had a pilot position on May 23, 2023. Today, I added it into a full position.
IDX:BDKRLong
by rifqonr
Weekend Review of the NIFTYNowadays we have been hearing that the next decade belongs to India. Many, including Morgan Stanly expect Indian Markets to do very well in the next five years with a strong Bull market. Maybe the only apprehension is that this is a Election Year which can hold back the Market. Technically, the weekly charts is showing that the NIFTY is clearly gearing up for a big move with a nice VCP pattern. So, there is a high probability that we will see start of a new big up move soon. It is possible that we may see one more smaller contraction before the big up move. On the Daily Chart, though we saw some weakness today, the overall bullishness still remains. We saw selling dominating after many days. The index is still holding above the moving averages. Of course, the index has been under performing the wider market which was being pushed by the mid and small caps. We may see the index retreat some more next week. But the strength remains as of now.
NSE:NIFTY
by karthikmarar
VIS POWERPLAY SETUPVIS setting up POWERPLAY pattern. Stock price gain >100% in 2 months. Price under correction for almost a month. Price and volume action still rigid. Low risk entry point. Risk is <6.5%. Will it be another Gem of the year? Let's see. Another stock in radar is MFLOUR. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:VISLong
by adamkhoosk
MFLOUR Short Base VCP (Follow Up)MFLOUR I shared on 13 Jan and updated the progress in the earlier post. Short based VCP observed! C1: 14% C2: -6% C3: -3% Might have another round of contraction or might breakout and pull back. Depend on how the fund operators want to execute. Let's wait and see. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:MFLOURLong
by adamkhoosk
PPHB VCP SetupPPHB VCP setup since Sep 2022 with below contraction: C1: -20% C2: -5% C3: -7% Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support. My previous VCP setup sharing was SFPTECH. Can refer to the link below. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:PPHBLong
by adamkhoosk
MASTEEL entering Stage 2 with VCP MASTEEL double bottom spotted on the left (red box) experiencing downtrend stage 4 for more than 500 days. Huge volume spotted since Nov 2022 and chart reversal from stage 4 to stage 2. VCP setup on the right (green box) for more than 2 months with contraction below: C1: -20% C2: -13% C3: -6% Price breakout on 26th Jan and experiencing a pullback to re-test the support. This movement is similar to PPHB that i shared earlier. (refer to link below) Let's see if this counter can go up further after the pull back. Note: Metal sector seem brewing, another metal counter also having very good setup, will share the idea later. Feel free to comment to let me know your thoughts. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:MASTEELLong
by adamkhoosk
2
PECCA HUGE BASE VCP SETUPPECCA appear in the screener and look at this huge base >600 days VCP setup. C1: -44% C2: -16% C3: -3% QR yet to released, based on the early volume and price movement, expected good QR that will be released on 27th or 28th. Let's see if pull back after QR for better entry point or not. Anyone spotted this stock too? Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:PECCA
by adamkhoosk