VBL – Strong Bounce from Demand Zone

VBL – Strong Bounce from Demand Zone | BTST to 3–4 Day Upside Play
CMP: ₹459.60
Trade Type: BTST / Short-Term Positional (2–4 Days)
Confidence Level: ⭐⭐⭐⭐½ (90%)

🧠 Technical Setup & Reasoning:
✅ Reversal from Strong Support: VBL rebounded sharply from the ₹448–450 demand zone — a historically strong base for buyers.
✅ Breakout Above Mini-Range: Stock has reclaimed the short-term resistance zone of ₹456–458 — now acting as fresh support.
✅ MACD Crossover: Fresh bullish crossover forming on 1-hour chart — signals likely start of upward momentum cycle.
✅ RSI Climb: RSI turning up from ~50 zone with strength — indicates buyers regaining control.
✅ Volume: Decent pickup in volume on bounce candles — early sign of accumulation.
✅ Sectoral Tailwind: FMCG/consumer discretionary stocks showing rotation this week — supportive backdrop for follow-through.

📊 Trade Levels
🎯 Target 1: ₹472
🎯 Target 2: ₹480
🚀 Stretch Target: ₹492+ (if broader markets support)
🛑 Stop-Loss: ₹448 (on closing basis)

📌 Why This Trade Has High Conviction
Strong reaction from known demand zone
Reclaiming key resistance-turned-support with positive momentum
Sector sentiment supportive with FMCG stocks catching a bid
Price-volume structure hints at possible swing continuation

📌 Strategy:
Hold or enter on dips near ₹457–459 with SL ₹448
Trail SL to ₹454 once ₹472 is crossed
Book partial at ₹480, ride rest toward ₹490+

💬 VBL bouncing from its base with rising strength. Clean short-term structure for BTST or 3–4 day play.

🧠 #VBL #BreakoutTrade #FMCG #BTST #SwingTrade #DemandZone #PriceAction