VETO a long consolidation breakout will it sustain or fizzle out
Veto Switchgears And Cables Ltd. an interesting breakout from 4 years long consolidation
1. RSI on all time frames above 60 2. Price Breakout with volume 3. Major support with cluster of moving averages in the zone of 135 - 165
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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