Classic Cup and Handle Pattern. Virtuoso Optoelectro is involved in the business activities of Manufacture of domestic appliances. Company’s Total Operating Revenue is Rs. 200.17 Cr. and Equity Capital is Rs. 14.98 Cr. for the Year ended 31/03/2022. Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array...
N R Agarwal seems all set for a good show above 415. A cup was formed , followed by small handle. The breakout from the resistance might just be the start of a new journey here.
Huge volume at the bottom. An Inverted Head and Shoulder pattern could be on the cards.
A Breakout from the cup is expected pretty soon. A cup has been formed. Alternatively , it also has an inverted head and shoulder pattern as well.
Market Cap 4,200 Cr Dividend Yield : 0.57 % Promoter holding : 73.3 % P/E : 20.3 Industry PE : 21.9 ROCE : 30.7 % ROE : 26.8 % ROCE3yr avg : 21.7 % ROE 5Yr ang : 18.0 % Piotroski score : 9.00 OPM : 19.4 % OPM 5Year : 14.5 % D/E : 0.43 #mediumterm #Investing #swingtrading...
Supported by a RSI breakout during trading hours , the price breakout should go a long way ahead.
Awaiting a breakout from the Triangle Pattern. A Golden Crossover has been spotted. The stock has also moved above the Ichimoku Cloud. MACD crossover also on the cards.
Spotted: Round Bottom. Inverted Head and Shoulder Ride the Breakout.
Ride the Breakout when it happens.
An inverse 'Head and Shoulder' pattern on display. The stock is also moving in a 'Parallel Channel'. A breakout above the neckline would take the stock to 50 which is a 21% gain.. RSi at 66 also looks positive to support the momentum. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express...
This analysis is at the request of a well wisher. Chart is Self Explanatory.
Breakout from a Pole Flag Pattern + a longer Triangle Pattern. MACD positive and is about to move above the Histogram.
Experts on the WOLFE WAVE can please correct me if I'm wrong. Targets shall be booked whenever the Target Line is kissed. Learning Never Ends. ***** Help Me to Help Us. Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy...
Above Ichimoku Cloud Flag Breakout. Took supports at 200 DMA and EMA and started a fresh rally.
This analysis is done at the request of a well wisher. Yes, the overall index is weak but here is a defense stock with a huge pipeline orders. Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD...
Simple Price Action analysis. Awaiting a breakout from the VCP with a MACD crossover.
Chart is self Explanatory. Breakouts - Retest - Breakout
Nothing much to draw here. A channel in which it has been moving and on the monthly Time Frame I see a breakout.