SWING IDEA - V2 RETAILV2 Retail , a small-cap value fashion retailer with a pan-India presence, is showing strong bullish momentum and a textbook swing trade setup backed by multiple breakout signals.
Reasons are listed below :
Breakout from a VCP (Volatility Contraction Pattern) – indicating accumulation and strength
Ascending triangle breakout – classic continuation pattern
Cleared major resistance zone, confirming bullish intent
Maintains a clear uptrend with higher highs and higher lows
Target - 2350 // 2530
Stoploss - weekly close below 1745
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V2RETAIL trade ideas
V2 Retail - LongV2 Retail CMP 145.95
Looking bullish in higher time frame. One can go for Swing / Short Term Trade setup with the following entry, exit & targets
Buy Range 140 - 150 / Stop Loss 133
Target 1 - 165
Target 2 - 185
Target 3 - 215
Disclaimer: This is my view and for educational purpose only.