Get started
UnknownUnicorn39285867

VCP characteristics, Base on Base structure

Long
SHARDA CROPCHEM (NSE:SHARDACROP)  
UnknownUnicorn39285867 Updated   
NSE:SHARDACROP   SHARDA CROPCHEM
Trend Analysis Harmonic Patterns Chart Patterns VCP vcppattern swingtrading swingtrade baseontopofabase
0
0
trendanalysis harmonicpatterns chartpattern vcp vcppattern swingtrading swingtrade baseontopofabase
Exhibiting good relative strength.
Tight contraction on the right hand side and volume dry up in the last couple of days.
Volume surge in shorter time frame.
Surged through pivot at 741.
Broader market is weak, therefore sizing 10% of portfolio.
Bought at 735, will close if breaches day low.
Publishing for my own reference. Not an investment/trading advise.
Comment:
Trade closed manually: Mulitple rejections, fake breakouts.
Broader market is weak.
Closed position with minor loss of 1.75% on 10% position size.
PF down by 0.17388%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.