Premier Polyfil Ltd. | VCP Breakout in Progress
📌 Key Observations:
The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation.
A breakout above the trendline resistance could trigger a strong move upward.
Volume spikes suggest big money involvement, confirming the breakout probability.
📊 Technical Levels:
Support: ₹56.56
💡 Trade Idea:
Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56.
📚 Disclaimer:
This is for educational purposes only. Always do your research before making any trading decisions.
The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation.
A breakout above the trendline resistance could trigger a strong move upward.
Volume spikes suggest big money involvement, confirming the breakout probability.
📊 Technical Levels:
Support: ₹56.56
💡 Trade Idea:
Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56.
📚 Disclaimer:
This is for educational purposes only. Always do your research before making any trading decisions.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。