VBL has faced resistance by the 200 EMA 7 times in the past year and also basing out around 430-440 levels, a picture perfect wedge. The break is coming soon and with it an overdue bull run.
Fundamentals also look great, this can be a portfolio stock as well.
Personally i will be treating it as a portfolio stock keeping it for the long term, entering around 440-ish levels or at 500 break out.
Planning on holding 1025 shares ( 1 FNO lot) on which i will be selling OTM calls during consolidation/low volatility.
Never forget your stop losses!
Fundamentals also look great, this can be a portfolio stock as well.
Personally i will be treating it as a portfolio stock keeping it for the long term, entering around 440-ish levels or at 500 break out.
Planning on holding 1025 shares ( 1 FNO lot) on which i will be selling OTM calls during consolidation/low volatility.
Never forget your stop losses!
Trade active
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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.
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.