NSE:VIPIND
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take...
Buy VIP Industries for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Strong manufacturing capabilities in Bangladesh (for soft luggage) gives VIP an edge over its peers who depend mainly on imports.
2) Given the company’s healthy balance sheet (net debt-free), we expect VIP to be able to manage...
After a long consolidation, VIP Industries has given a breakout and one can keep stop loss at Rs.620 and go long in this counter. A deeper stop loss has been given to handle the current volatility in the market. Expecting good run in this counter in the next few weeks.
CHART -> VIP Industries WEEKLY SETUP
Despite Nifty is trading in sideways trend for quite some time now, VIP is showing strength and trading in a bullish channel in weekly time frame.
This shows that chart has a very good strength for a long and strong rally.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> VIP Industries WEEKLY SETUP
A promising Cup and Handle breakout with good volumes, as chart has given weekly close above it's 2018 all time highs.
This should pave the way for new territory to explore for VIP.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
1. Stock making New 52 High.
2. Stock breaking out 3yr High.
3. Stock consolidated for 4 months before breaking 3 yr High.
4. FII/FPI have increased holdings from 4.39% to 5.84% in Dec 2021 qtr.
5. Mutual Funds have increased holdings from 16.47% to 16.68% in Dec 2021 qtr.
Fibonacci based targets: 775 , 855 , 1005
Stop loss : Below 565 (closing basis)
Category: Reversal trade
Key Highlights:
1. Bullish market structure on HTF
2. Tapped into the demand zone
3. Turning the previous swing level into a support
4. Rebound from 200 MA
5. Creating a confluence zone of swing level + demand zone + 200MA
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your...
