NandanChaturvediTrade

Multi year breakout setup in VIP Industries

Long
NSE:VIPIND   VIP INDUSTRIES
Well, look at the volumes coming in the breakout candle and the body size of the candle. This is a clear breakout confirmation and now taking a little suport on the breakout levels.
This is a good long opportunity with a target to fill the complete range of the rounding bottom formed.

Kindly note that this is only my analysis and not a recommendation.
Trade active: A good place to cast an entry.

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