VIP Industries has been travelling within the channel since an year.
Seems sellers are exhausted driving the price down.
Can enter aggressively for a target of 400.
Stop Loss - 325
Risk - 17 rupees. Reward - 60 rupees. 1:3 Risk Reward setup.
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Hello, here is the full analysis on NSE:VIPIND, let me know in the comment section below if you have any questions.
I will take a long trade near the 278 price zone.
Time: Near 2 weeks
The entry will be taken only if all rules of the strategies will be satisfied.
I suggest you keep this NSE:VIPIND on your watchlist and see if the rules of...
Fundamentally good company. Once schools & colleges are open we can expect some strong upward movement. Currently trading at support. Some shopping can be done. 200 is a very strong support zone. 360 is the target price. Potential multi-bagger.
Time Frame - 1 year
Note: This is for educational purpose only.
There is a bullish channel breakout with ultra high volume. RSI above 65 indicates bullish momentum. However, expect some side ways movement/ consolidation before the next bull run.
Expecting bull run from current level, minimum 5% returns.
Trade with risk management but don't get afraid of taking risks because if you afraid to taking risks than you don't able to make big profits.
A good safe stock which is fundamentally sound & catering to products whose demand would increase with the end of lockdowns and resumption of activities.
After the breakout, a small pullback is always expected which is when the stock should be accumulated. A safe 15% available for conventional investors with patience.
Technicalities are self explanatory in the chart.
VIP Industries ltd given strong break out level at 280 today and successfully closed above the levels. we can also seen huge strong buying volumes in past couple of trade.
one can accumulate at CMP with immediate target for 360/-
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...
VIP Industries in recent weeks is in a sideways trend since February. Taking a broader look we could find the price action is forming lower highs and higher lows leading to a triangle pattern.
Currently, the stock looks to be in the middle of both the patterns and only a breakout could give us a clue on next big swing. It would be wise to get in if either 485 or...