VMART LONGVMART CMP 1944 Above 2040 target 2100 2185 2245.Closing above 2250 wcb should touch 2400 2500+ support 1850 wcbLongby saditya10p0
VMART - SET FOR A BIG UPMOVECmp 2759 Long suggested above 2820 Stop 2570 Target Open Rationale: Weekly : 1) Passes Mark Minnvervini's trend template 2) Price closes above quarterly pivot zone. 3) Pivot based EMA Oscillator (PEMA OSC) color change indicates a possiblity of next leg of upmove. Daily: 1) Next period (monthly pivot) Pivot zone for daily charts is very narrow, suggesting a price in a possible contraction phase, signalling possibility of a big move in the day's to come. 2) Price closes above the current pivot zone and next period's pivot zone.. 3) MORE IMPORTANTLY, VCP PATTERN OBSERVED. 40/23/10 - 3T pattern, meaning 40% correction / 23% correction and 10% correction in 3 stages with higher high formation.Longby scorpiomanoj0