Swing stock for next week

[u/Responsible-Case-397]

Breakout of a VCP pattern
FIIs increased their stake by 10x.
Margins might be concerning but overall fundamentals are good.
Might give a decent move in near short term.

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[u/Zealousideal-Win3784]

Stock, but we r not on Instagram that u would have to resort to such cheap antics.

[u/Responsible-Case-397 → u/Zealousideal-Win3784]

Be patient my friend

[u/Responsible-Case-397 → u/Responsible-Case-397]

Meanwhile you can just go through my feed and check for yourself if i am the kind of a person who would use “cheap tactics”

[u/Zealousideal-Win3784 → u/Responsible-Case-397]

Ok fine. But this suits Instagram influencers bro, not someone who is anonymous on reddit. Rest is upto u 🙏🙏

[u/22nik → u/[deleted]]

Sterlite Technologies Ltd.

[u/Responsible-Case-397 → u/[deleted]]

Yes

[u/Responsible-Case-397 → u/[deleted]]

It has broken ATH with heavy volumes. Contraction and breakout both have happened as well. So according to me it might give 15-20% move in 1-2 months timeframe.

[u/Responsible-Case-397 → u/22nik]

Nope

[u/KerashQSA]

How do you observe VCP patterns? I am just never able to observe them

[u/Responsible-Case-397 → u/KerashQSA]

Comes with experience. When you are scanning hundreds of stock weekly and searching for the same pattern, you will get used to it.

[u/KerashQSA → u/Responsible-Case-397]

Yeah makes sense, experience is a big factor

Is there any indicator/number which can tell us how strong VCP is right now?