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...
The stock has seen a sharp rally in the past couple of days, resulting in a big breakout from a range. The price action today is suggestive of some kind of a corrective move that is underway after the recent spike in price. I would love to see small bodied candlesticks with below average volume over the next few days wherein the price either drifts lower to the...
VIP Ind is trading in upper channel on one hr time frame. which repating a cycle of high to low , and low high as shown in chart. Intra Day trade setup for 19 Jun 2018 view: bullish for intraday Time Frame : one hr candle stick chart trend : bullish pattern : upchannel indicator: MACD(5,13,9), Stock(5,3), RSI(14) Buy above one hr bullish candle from...