VIPIND trade ideas
bullish facing resistancefacing resistance at 547, if that is crossed, then next target is 567, supports are 522, 513
BullishMay come down to 501 for up move. Strong support is at 421. If it crosses 532 on closing basis immediately, target will be 710
VIP INDUSTRIES LTD. FORMING '''BIG W''' PATTERN-- ''DOWN VIEW''VIP INDUSTRIES LTD. FORMING '''BIG W''' PATTERN AS DISCUSSED .
DOWNSIDE VIEW ---
MAY GO DOWN TO 420
VIP Industries: Breakout Done, Awaiting RetestThe 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 breakout zone or gets into a sideways consolidation.
IF this price action unfolds, I would be eager to buy the subsequent breakout. This one is in my watchlist !!
Time to make a moveImmediate support is at 434, strong support is at 404. If it crosses 502 in short term, expect a level of 632 in intermediate term
Bullish2/1 support angle was violated on Thursday but it managed to close above the angle on Friday. With this, the scrip has turned bullish and if it manages to remain so, we may have a short/ intermediate term target at 490 and long term target at 650.
VIP IndustriesPlease Do Your Own Analysis
This is my Personal View
The Previous VIPIND Chart was posted on 8 May -->
VIP Industries Bounce Uptrend Trade Entered on 30 July 18 on 500.60 with a stop loss at 471.55
TSL update on 02 August 18 from 471.55 to 480.00
TSL update on 14 August 18 from 480.00 to 534.95
TSL update on 20 August 18 from 534.95 to 565.50
Current Trailing Stop loss = 565.50
In case of hitting stop loss confirmed profit of 64.90 points.
VIPIND : Intraday trade setup for 19 June 2018 on one hr time frVIP 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 opening of maket ,with initial stoploss below 336
follow through with traling stoploss
BullishScallop has broken out at 393. If it holds this level targets could be 460/500 and a blue sky target of 610 ( Full target for scallop)
Disclaimer: Only for study/discussion purpose, not a recommendation.
Demand n Supply area1> The big gry box which can show demand and supply zone
2> The pink box which show the support of 365 to 355..
wher u can see on 21th may it was just gng to touch our
resistance @365
3> The brown box show tat major support of 325
it is given here.
There are nearly 3 big brkout has happen at 325
whic touches our pink box to 355.. frm ther it goes
on to gry box at 380 which is demand n supply zone
Short Term Trading This idea is based on daily charts for short term traders to learn and trade on their own risk. This idea is based on my Technical analysis. As after a downtrend series when a bar is closed above previous bar low followed to this if third day bar reaches higher than previous bar, then it is in uptrend movement it can be bought on that or preferred time is to buy at 3.15 -3.25 Pm
Long to go at CMP 260VIPIND will become soon vip. Good quality script, add for trading or investment purpose
6 YEARS TOP breakout in VIP industries.VIP industries has got the right kind of momentum now, As the monthly chart shows a 6 year top breakout near 204 levels and the last month candle has closed above it. The Monthly chart shows that its going to the next range in the coming months.
VIP Ind : Bullish AB=CD Harmonic pattern. Pattern failure 168Bullish AB=CD Harmonic pattern.
Pattern failure 168
Vip Ind. - Bullish trendTp towards resistance level = 216 if similar trend continues with shown date range recently
Keeping short or if trend supports, can form new resistance further above 52-week high
