NO BRAINER buy for me
tag of 200 ema on weekly soon should range here for a while and let the whales fill their order and then close their short;s
either way long term buy shall add to my bags
same thesis as delhivery trade ..logistics tonnes of growth IF india is to grow
apparently the team is doing a banging job so FA and TA wise its a buy...
***Bullish-Trend, the Higher Highs and Higher Lows represents that, just Follow the Trend, the Trend is our Friend
>The above pattern has solid Support(4) & Resistance(4) Zones are perfectly formed.
>The Stop Loss should be strict due to the high volatile market conditions. The perfect SL would be 580.15(-7%) according to me.
>The Target would be the upper trend...
VRL Logistics moved up 19% today with breakout from channel...i would wait for it to retest the channel and start moving up again, before taking any positions...that is the best way forward....mind you it could also keep moving up...so it is your call. Targets marked. This is an idea, not a recommendation to buy or sell. Put stop loss when taking any position.
VRL Logistics Ltd. was founded in 1976 by DR. Vijay Sankeshwar in Gadag, a small town in North Karnataka with a single truck and a vision that was way ahead of its time. VRL gradually expanded its services to Bangalore, Hubli and Belgaum. From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also...
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* I WILL BUY IN THE DIPS
a) Exxpecting Rangebound Breakout
b) Fundamental also looks good
Logistics industry can go in demand once vaccine is released in...
Wait for the confirmation and cross the trend line to buy. I think the next level of resistance 250. It was help for short term trader... (Please self analysis everything before you do)
#VRLLOG
VRL Logistics Ltd. made a retest to the breakout area and looks very strong as per technical parameters.
Probable resistance in the medium term comes at 200 level and probable support comes at 165 level.
Keep on very close radar!
NSE:VRLLOG
VRL logistics weekly chart telling something to us.
If you can managed to observe the chart carefuly you will see supply is dried out and some demand is now coming in.
From last couple of weeks its showing good sign for buying.
The only concern I am seeing in this counter is it may test the area of 130-120, but in that scenario to it will be good a...
