Vipul Organics - Bottom out playThe stock has crossed back above the 200EMA while over the last 2 weeks also taking support at the 200WEMA. Additionally there is a huge RSI positive divergence. Long at current price. stoploss below 160.
Vipul Organics Ltd. is engaged in the manufacturing of dye intermediates. Its products include napthols, fast color bases, fast color salts, reactice dyes, acid dyes, direct dyes, food colors & lake colors, pigment powders, and pigment dispersions. It operates through Dyestuff, Organic Pigments, and Organic Intermediates segments. The company was founded by Pravinchandra Babulal Shah on June 21, 1974 and is headquartered in Masjid Bunder, India.
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