Stock in Focus: VARROC

[nishshkumarjaani@gmail.com]

Stock in Focus: VARROC

operates across automotive lighting systems, polymers, electricals, electronics, and metallic components, making it a diversified auto-ancillary play.

Technical Setup – VGM Framework

Stock has moved into a Column of X, indicating demand emergence

All VGM conditions fulfilled
Price above MAST indicator – trend strength intact
Last two columns’ lows above EMA – confirms higher-low structure

Point & Figure Count (Open Cluster) suggests target zone above ₹1000, offering a favorable risk–reward setup

️ Risk Management (as per VGM)

DBS level remains the exit point

PCR-based entry active, hence position sizing restricted to 50% only

This is a system-driven setup, not a prediction.

Keep this stock on your radar and participate only as per your trading system and risk rules.

Disciplined execution > random participation.

Nishesh Jani,CFTe

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