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Umang Bhutada

9th Dec · SEBI-Registered Analyst

VINTAGE COFFEE

VINCOFE (D) – Techno-Funda Summary

VINCOFE
Market Structure Strong bullish structure with higher highs–higher lows. Fresh breakout already done above 174, and now price is retesting lower levels. Trend remains intact as long as price holds above the retest level. Price Behaviour After breakout, price faced rejection and slipped back toward the retest zone. Strong buying wicks visible near 154–142, indicating demand zone. No structural damage unless the price closes below 142. Key Levels Fresh Breakout Level: 174 Retest Level: 154 Support Zone: 142 Major Support: 133 Reason for Recent Fall Profit booking near recent highs. Market-wide weakness in smallcaps. Testing retest level for liquidity collection.

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