Flag breakout !!!Stock has given flag breakout on weekly chart. Longs can be considered with SL as per risk appetite for targets of new ATH, above 650 levels, in coming weeks, months.
Kindly do your analysis before initiating any trades.
VIPIND trade ideas
NEAR LONG TERM BREAKOUT
Consolidation for a long term resistance breakout
480-520 zone is broken strongly....stock has good potential to move upto 600, 750+ levels
correction reversed from 0.382-0.5 fib levels
Weekly support and daily trend line breakout CMP : 358.75, T1: 391, T2: 422, SL: below 305
Study :
1. Stock taking support on weekly support and weekly trend line.
2. Trend line breakout on daily chart.
VIP industries - Sitting at the confluence zoneCategory: 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 capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
VIPCMP: 493
The stock is trying to move higher but currently trading near supply zone.
Support at 430.
It can show 550+
VIP industries ....breakout started !!The stock has come out of consolidation and its expected to move further as breakout has stared . See charts for targets.
VIPINDVIPIND: Looking Good
3 Years & All Time High & Bullish Breakout Above 647
Rounding Bottom Pattern Breakout Sustaining Closing/Above 533.90
Buy Above/CMP 545.55 Add Every Dip Stop-Loss Closing Below 470 (Safe) 400 (Risky)
Target 610-680-760-840+++
Positional Call
Position SizingVIP behaved well when the market was going through a correction. Stock held its uptrend and its territory around its 50 DMA when the general market was correcting. Having two positions stock blasted out today. There was an opportunity for a third position.
But I manage my portfolio through a risk management rule, where i take no position if my portfolio risk on my open positions are more then 5-6% of my total capital. So it dint allow me to buy my third position. These risk management rules allow me to not worry about what the market does next day nor about the global markets, it helps me stay with my positions peacefully. Which in turn leads to a better trading process.
VIP IndustriesWe can hold VIP Industries for long term. Good breakout can saw. Then uptrend also start. This is the time to buy VIP Ind 😍✅👍🏼💐💯
vip in wedge patternrange has squeeze in vip indstries long above 520, also travller industries open after corona school and collages for new begs purches
vipind breaking out from tight rangevipind breaking out from tight range
500 psychological level
volumes are also reduced
How Volatility Contraction Pattern gets formedNSE:VIPIND
* Long at CMP
* SL - 470
* Trail as per trending HH-HL structure on hourly tf
#VIPIND breakout retest#VIPIND breakout retest
#Long opportunity above 480
Target -500/520
SL-460
CMP:465.60
Multi year breakout setup in VIP IndustriesWell, look at the volumes coming in the breakout candle and the body size of the candle. This is a clear breakout confirmation and now taking a little suport on the breakout levels.
This is a good long opportunity with a target to fill the complete range of the rounding bottom formed.
Kindly note that this is only my analysis and not a recommendation.
VIP Mega BreakoutVIP Industries gave a really big Breakout on 12 August 2020 hitting an upper circuit of 20%. Stock is looking really bullish and ready to hit 500 by the end of the year
VIP IND Looks good for huge returnes As shown in photo wait for retest and enter with 6-18 months view for huge returnes !
Note : I am not a SEBI registered analyst invest on your own!
VIPINDAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
