Amit_Padishalwar

VIP INDUSTRIES // LONG CALL // ALLIGATOR FIBO COMBO

Long
NSE:VIPIND   VIP INDUSTRIES
Call for Wednesday July 22nd 2020 // This is a swing trade call and not an intra-day trade //

NSE: VIP INDUSTRIES

CMP / LTP: 284.55

IDEAL BUYING RANGE (If u don't want an aggressive trade, you can wait for a "possible" (not guaranteed)): 275 Around
One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5% range). This way the Risk Reward can be improved and profit can be maximized.

TARGET: 340-360+ (Min 20-25% & above) Trail the SL once this target is achieved. Suggested Exit is on 15% on CMP
STOP LOSS: 255-260 (10-12 % Max) around
DURATION: In 15-20 Trading Sessions Target should be achieved

Disclosure: I may or may not have a position in this trade. Please follow the Stop Losses strictly. All the recommendations are subject to market conditions. Please trade at your own risks.