CHOLAFIN | #VGM Technical Strength Setup

[nishshkumarjaani@gmail.com]

CHOLAFIN | #VGM Technical Strength Setup

is displaying a high-quality VGM setup — a classic DTB after consolidation, aligning perfectly with our strength-filtering framework.

What makes this setup powerful?

Last 2 columns did NOT touch the MA of the Bullish MAST indicator

No immediate DBS, indicating healthy continuation structure

Last 3 columns holding ABOVE MAST

MA is rising, confirming trend maturity and strength

When these conditions align, history shows a high probability of double strength vs the broader market — making it one of the cleanest ways to identify and participate in strong, outperforming stocks with controlled risk.

️ Want to spot such setups early?

If you’re not already using the public VGM scanner on RZONE, do check it out,where all conditions are open to read

Strong structure. Strong relative strength. Disciplined participation.

Nishesh Jani,CFTe

#CHOLAFIN #VGM #MASTIndicator #RelativeStrength #Outperformance #TrendFollowing #IndianStockMarket #RZONE #SystemBasedTrading #TechnicalAnalysis #definedge #nisheshjani #AhmedabadNest