How to find the stock before breakout?VASCON ENGINEERS LIMITED
1. Chart Pattern in higher TF
2. RSI momentum zone
3. 200 Moving Average
4. Raising Volume
5. Breakout Structure
6. Entry/SL/Target
VASCONEQ trade ideas
VASCONPure technical bet,
Fundamentals are not good at this point now
Piotroski score is 1 and there is pledging of shares as well.
Pure technical bet based on volumes.
#Vascon engineers: 80% upConsolidating near 2013 & 2017 price.The stock price of Vascon Engineers is currently experiencing a consolidation phase, hovering around the price points previously observed in 2013 and 2017. A potential upward breakout from this consolidation zone may result in an approximate 80% increase in the stock’s value.
Flag breakout patternBreakout of the flag pattern on daily chart. Short term target of 110 if sustain above breakout
VASCON ENGINEERSBreakout of resistance after pretty long time with good volume and huge body green candle. New volume incoming from past few months. One can consider to add this to portfolio.
Vascon EngCup & Handle Pattern
Volume Growth
RSI above 60
High Break
Moving in line
support 74
expected level 102
VASCON ENGG BREAK OUT !!!!!"Vascon Engineering" multi-year break out after 12 years in the monthly time frame and vcp play in daily time frame
VASCONE buy in this zoneI have been waiting on this entry for so long. I have put my analysis on the chart and the Risk to reward ratio is also favorable. This can be. Higher probability trade just like SNOWMAN. Be patient and use the 15 min time frame to find an entry when price comes into this area. No buy sell reco.
#VASCONEQ stock with good fundamentals and good technicals.#VASCONEQ
Another small cap stock with good fundamentals and good technicals.
Has reclaimed a very important S/R zone on higher timeframe.
Some quantity can be bought at current levels because of breakout on daily timeframe.
Also, In my opinion, ₹59-₹71 zone is a good zone for accumulation if market gives a chance.
I see another 50-60% upside as first target and this can also be a multi-bagger easily in long-term.
Vascon Engineers for short term Ascending triangle pattern can be seen forming, a good breakout with good volumes above 83 can be treated as a trade
Buy above - 85 or after retesting at 82
Tgt - 10% , 109
Stoploss - 78 or 76
-- DISCLAIMER --
I am not a financial advisor or SEBI-registered
This is just a view
Please DO YOUR OWN RESEARCH before investing in any stock
Happy trading
Peace
VASCONEQ on a weekly timeframeVASCONEQ looking bullish. RSI is above 60 on a monthly, weekly & daily time frame. There is a significant volume that can be seen recently.
It has been forming a rounding bottom or Cup pattern.
Recently, it broke the resistance level with good volume. If it retests the level, that would be a good entry point.
Vascon Engineers Ltd.*Vascon Engineers Ltd.*
RB Formation on Yearly Basis.
Price BreakOut Sustained.
Vol. BuiltUp Gaining Traction.
RSI: On 65+ / 78+ Territory in 1H, D/W/M Basis.
Trail SL with Upside.
Book Profit as Risk Appetite.
Vintage: 37 Yrs. Order Book to be Monitored.
PE at 15.7 vs. 31.4 (Inds).
Sales / Profitability: Growing On Qtrly/Yrly Basis. Q1-FY24: Lower Sales / Profits.
Improving Leverage: Decline in Debt, Increase in TNW. Substantial C&CE.
+ve CF from Ops. Improving WC Cycle.
Stable Promoters Stake. Increasing FII / DIO Stake.
Improving RoA/RoE/RoCE: Yrly Basis
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
vascon 1m time frame buy @ cmp target 59.35, 63.50, 67.30 vascon 1m time frame buy @ cmp target 59.35, 63.50, 67.30
ascending triangle breakout
risk reward 1.5
sl@28.20
education purpose trade at your own risk
2013 resistance level Today stock Vasco engineer
•This stocks at 52 weak high levels 65 is major resistance
• 2013 January 66 as high of the stock now trying to break this level.
• valume in stock show big move in this stock
• global market down trend but in this stock building valumes
• when market in up trend stock will give big move.
• take stop loss a 58 may break 66 level or test it level definitely when market up trend stock breaking 66 level
• 1:2 risk reward ratio
• fundamental is also good company but pramoter holding is less then 35% main conser this stock
• PE is lower then 3,5&10 year PE
• zerro debt company (0.16%)
NO RECOMMENDATION FOR BUY OR SELL
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Vasconn Engineering Stock PE - 8
Profit growth - 2618% +
Order book - 1740+ Cr
Company done many real estate projects in pune city
Huge potential in future
Looking really good technically too with more volumes and forming a nice setup to make a new rally.
Candle is at my favorite position on Gann Square.
good fundamental undervalued stock buy at CMP 40 sl below trendline try to accumulate of every dips target 50/60+++
Vascon Engineers Vascon Engineers Ltd is a Construction Engineering Companywith presence in Real Estate business having an asset light model and Clean Room Partition manufacturing business. The Co. has executed over 200 projects with a construction area of over 50 Mn Sq Ft.
Stock P/E 9.32
Debt to equity 0.19
Pledged percentage 28.1 %
50 : 50 chance , buy above 36 for target of 50 / 60 / 90 - SL @ 27
Vascon Engineering ltdCup shaped accumulation seen, in a major resistance of 28.50, closing above this range with good volume can take it higher
Vascon engineer pvt ltd Change of polarity
Bullish view first let the monthly candle close above previous swing high for confirmation
VASCON ENGINEERS-EMERGING STOCKVASCON ENGINEERS is fundamentally strong scrip which have witnessed turnaround recently & now its back on growth track. Vascon Engineers is also owned by an ace investor Vallabh Bhanshali.
Vascon has recently given a clear breakout & now its trading above all simple moving averages.
Strong uptrend has just began and we are likely to see some strong bullish moves in near future.
Short Term Target 60
Long Term Target 100
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult their financial adviser before acting on any of the recommendations by this any of its mode. I do not take responsibility of any losses incurred (if any) by acting on the recommendations.
