VARDHMAN TEXTILES LTD
Long

VTL on STEROID

388
WEEKLY TIME FRAME:
snapshot

Broken out of a stage 1 structure and is looking very bullish even in this choppy market.

DAILY TIME FRAME:
snapshot

Volatility contraction pattern and a breakout with such a good increase in volume shows strength and is confirmed by RSI in all 3 time frames and a positive RS against CNX500.

This is a positional trade and will take time to perform...

FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)

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