Get started
UnknownUnicorn23160314

Shopper Stop - VCP breakout

SHOPPERS STOP (NSE:SHOPERSTOP)  
UnknownUnicorn23160314 Updated   
NSE:SHOPERSTOP   SHOPPERS STOP
Chart Patterns Technical Indicators Wave Analysis swingtrading breakouttrading VCP vcppattern
0
1
chartpattern indicator waveanalysis swingtrading breakouttrading vcp vcppattern
The script has broke out from the resistance, retraced and showing continuation from resistance turned support.
It has formed a VCP pattern as well. Tight candlesticks before breakout indicating supply absorption.
Looks good for a swing trade.

Only for educational purpose.
Trade closed: target reached
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.