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HawkishDove
Dec 13, 2023 1:56 PM

VIPIND BO [DAILY] 

VIP INDUSTRIESNSE

Description

VIPIND came in the screeners recently as volumes have been attracted here. Giving a minor BO here, 21/50 DMA cross would be good if it follows up from here.
Stocks relative strength is still poor but the way volumes have come here these last days, it seems like a reveral.
Keep an eye out for this ahead.

Comment

Volumes are trying to move this ahead, for now too much supply it seems.
21/50 DMA cross feels to be coming here, will wait for this cross and then see if supply gets absorbed for the price to move further.
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