VLS Finance
Atualizado
It's a risky bet with markets at ATH, but very much undervalued company with a good RR.
Posted very good results. Trading at a PE <3, with a book value of 629 INR.
Personally, i will wait for a dip and accumulate (when nifty falls to 15500-600 region).
Trade setup:
Monthly: Crossed multi-year trendline with volumes and a strong bullish candle (string conviction).
Weekly & Daily: rising EMA (sloping upward), making Higher High and Higher Low
SL = depending on risk appetite (eg; below 200 EMA on daily chart). Personally, I would take 104 INR (last swing low).
Target = fib levels ie; 2.618 levels & 3.618 levels.
Posted very good results. Trading at a PE <3, with a book value of 629 INR.
Personally, i will wait for a dip and accumulate (when nifty falls to 15500-600 region).
Trade setup:
Monthly: Crossed multi-year trendline with volumes and a strong bullish candle (string conviction).
Weekly & Daily: rising EMA (sloping upward), making Higher High and Higher Low
SL = depending on risk appetite (eg; below 200 EMA on daily chart). Personally, I would take 104 INR (last swing low).
Target = fib levels ie; 2.618 levels & 3.618 levels.
Trade ativo
12July21: Today, locked in 10% UC. Target 1 achieved ie; 235 INR.Hold patiently for target2. If not, close the trade depending on your risk apetite.
Trade fechado: objetivo atingido
personally, trade closed after reaching target 1. Booking profits is also a key skill. With nifty crossing 16K, i could see a correction coming soon. Better be safe than sorry!
Aviso legal
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