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Having crossed a major resistance angle today, the stock has turned bullish. If the level is sustained for a couple of days, the stock may see a level of 800 in intermediate term
All possibility of VIPIND trade.
I'm adding it into portfolio keep an eye on it.
Level's mentioned in chart.
Probably 'C' wave of corrective structure.
....Levels mentioned in the chart
Seems to be bullish may hit 480+ soon .
VIP INDUSTRIES NSE: VIPIND : LONG
Support at 9 DEMA 437-438 levels, if it crosses and sustains above it , buy above 438, target- 455
Is it moving towards 398?
Short 444 Tg 414/390 SL 470
best of luck!
facing resistance at 547, if that is crossed, then next target is 567, supports are 522, 513
May come down to 501 for up move. Strong support is at 421. If it crosses 532 on closing basis immediately, target will be 710