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
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VIPIND dailychart can be seen to have formed Ascending Triangle Pattern. A potential breakout can be seen above 770.
Disclaimer- This trade setups is for educational purposes only.
50 moving average is one of the most commonly used moving average and it acts as a really nice support.
VIP had recently made a golden gross over and is then retraced back to its 50 moving average.
Its has taken a good support at the 50 moving average by baking a double bottom.
I prefer to put a stop little below the support and target for 2:1 ratio of the profit to loss
Trade Or Invest Wisely.
We Can Just Predict.
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Disclaimer: I Am Not A SEBI Registered Advisor, So Before Entering On My View Please Ask Your SEBI Registered Advisor. Profit Is Your And Loss Is Your.
RRR 1:5 opportunity in Swing Trade..
CMP: 634.90 (Buy @ 640.20)
SL: 606.40
Target: 671.25 | 774.60 | 940.85
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my...
A DOUBLE BOTTOM on the daily time frame with RSI gaining momentum along with some good increment in its volume
a good bullish candle above 620 can lead it to 700 levels
