Levels to watch out We've seen this cycle play out repeatedlyโFOMO, driving retail investors to pile into rallies, only for many to get trapped as markets turn. It's the same story: retailers get caught in the hype, while brokers rake in commissions. Unfortunately, it's the retail investors who often pay the price.
Right now, the market is in a correction phase, and we can expect volatility with choppy or downward movements in the coming months. This could present a good opportunity for long-term investors to buy the dip.
Personally, Iโll be eyeing potential buying opportunities around the 360 and 280 price levels. In the long-term, I believe these levels could set up for strong gains as the market eventually recovers and reaches new highs. Patience is keyโdonโt get swept up in the short-term noise.
VBL trade ideas
VBL: A Multibagger ready to break Key Resistance LevelTechnical Pattern :: Inverted Head & Shoulder
Key Resistance :: 660 has become a crucial resistance which it is not able to break and sustain.
It is again approaching the same level.
Possibility and Possible Move :: If this time is sustains (Successful Breakout and a retracement) then It can continue it's log time trend. (Bullish --> confirmed by a Pole and Flag pattern on weekly and monthly chart)
Vbl crash with Low volume can give reversal When a stock (or any tradable asset) experiences a volume breakout level crash but does so with low trading volume, it can often signal a potential reversal rather than further downside movement.
Hereโs why:
1. Weak Commitment: A price break below a significant support level on low volume indicates there isn't strong conviction among market participants. In other words, sellers are not aggressively dumping shares, and buyers are likely cautious. This implies the move could lack sustainability.
2. Reversal Potential: Low-volume breakdowns often reflect temporary price movement caused by minor selling pressure, rather than a trend-defining event. If demand re-emerges or larger buyers enter the market at these lower prices, the stock may rebound above the support, triggering a reversal.
3. Significance of Support: Support levels act as zones where buying interest historically outpaces selling pressure. A false breakdown (especially on low volume) below such a level can prompt a "trap," where sellers expecting further decline are forced to cover when prices rebound, amplifying the reversal.
Key Considerations:
Volume Analysis: Always compare the volume during the support breach to the average volume. A convincing breakdown requires high volume to confirm significant selling pressure.
Catalysts: Check for underlying reasons, such as news, sector performance, or earnings reports, which could explain low-volume moves.
Price Action Afterward: Watch for a reversal candle pattern (like hammer or engulfing candle) at the breached level to validate reversal potential.
To summarize: A crash below support on low volume often indicates an unreliable breakdown and increases the probability of a reversal, especially if significant buyers step in at the lower price zone.
Amazing breakout on Weekly Timeframe - VBLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
VBL swing trade | visit chart for detailsHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Varun Beverages ltd view for Intraday 14th October #VBL Varun Beverages ltd view for Intraday 14th October #VBL
Buying may witness above 596
Support area 587. Below ignoring buying momentum for intraday
Selling may witness below 595-596
Resistance area 490
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Varun Beverages Ltd view for Intraday 10th October #VBL Varun Beverages Ltd view for Intraday 10th October #VBL
Buying may witness above 597
Support area 589-590. Below ignoring buying momentum for intraday
Selling may witness below 589
Resistance area 595-597
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
VARUN BEVERAGES LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Varun Beverages Ltd view for Intraday 20th September #VBL Varun Beverages Ltd view for Intraday 20th September #VBL
Buying may witness above 656
Support area 645. Below ignoring buying momentum for intraday
Selling may witness below 645
Resistance area 655-656
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Varun BeveragesStock is consolidating between 1550 to 1600 range since June 2024.
this stock can be bought in every dips and the accumulation zone is between 1500- 1600. but 1562 is a great support for the stock
Short term trades can maintain a stop-loss at 1350.
First Target - 1670
Second Target - 1735
Third Target - 1843
this idea is for only eduction purpose and not for realtime trading. kindly consult your financial advisor before investing
Just A View - VBL ๐ Script: VBL
๐ Sector: FMCG
๐ Industry: Food - Processing - Indian
Key highlights: ๐กโก
๐ Script is trading in consolidation zone since last few trading session.
๐ Script has to give breakout or breakdown to came put of consolidation zone.
๐ For breakout script has to give closing above 1644, and for breakout script has to give closing below 1578
KEEP AN EYE ON STOCK
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
VBL/SWING TRADE# ENGULFING CANDLE AT RTST LEVEL
#TALING SUPPORT FROM MA21 EMA 21
# SL 1573
ALWAYS TAKE RISK REWARDS INTO ACCOUNT. IT IS THE CORE STRENGTH OF TRADING.
NO MATTER WHAT END OF THE DAY WHAT YOU EARN - WHAT YOU LOSE =RETURNS
"Investing in the stock market involves balancing risk and reward. Higher potential returns typically come with higher risk, while safer investments may offer lower returns. It's essential to assess your risk tolerance and investment goals carefully. Diversifying your portfolio can help manage risk. Remember, informed decisions and a long-term perspective are key to navigating the complexities of the market."
Varun Beverages Ltd *Varun Beverages Ltd*
P&F Formation on Weekly Basis.
Strong Price BreakOut & Sustained.
Need to Continue & be Watched.
Might enter _Distribution_ stage.
Strong Vol Consolidation. Continued Traction required. To be Watched.
Strong Bearish Divergence on Weekly Basis.
*Do Your Own Research as well. This is an Opinion*
*_Happy Investing_*๐ค