Vardhman textiles
Vardhaman textiles:
In the weekly chart double bottom formation can be seen.
Support levels near 270
And resistance level near 370
Currently near the resistance level.
As it breaks level 376 with good volume buy long and keep the target till 435rs (15%) with risk reward ratio 1:4
In resistance level their is low selling pressure so it might break the current resistance level. But in support levels it has buying pressure so most probably it might reach its target.
In the weekly chart double bottom formation can be seen.
Support levels near 270
And resistance level near 370
Currently near the resistance level.
As it breaks level 376 with good volume buy long and keep the target till 435rs (15%) with risk reward ratio 1:4
In resistance level their is low selling pressure so it might break the current resistance level. But in support levels it has buying pressure so most probably it might reach its target.
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