VIP Bouncing From SUpport 320 Get 5- 10% Profit
VIPIND: can be added now for a breakout near 413.05. If price does not sustain above this range, profit can be booked, but if it stays above or close above 413 then 500-650 in horizon Strict SL: 330 and below on weekly basis.
NSE:VIPIND is approaching its Long term resistance line while continuously consolidating, indicating a major breakout. Since the covid situation is getting in control, the travel restrictions have been lifting up which will aid the stock. A move above 391 looks good for a headstart towards 500. The stock might, for one last time, test the support and play...
supply and demand to be formed on daily chart
NSE:VIPIND Looks Bullish, Near the trendline breakout. buy when Closes above the trendline and next target can be 415 EMA Crossover also confirming the Bullish Trend. RSI Also showing Strength in the Stock.
Near Trendline 1.5 year Resistance line. Keep in Watchlist!
The stock seems to follow the trends that have been indicated by me in the chart.
More than the weekly average volumes yesterday and today, delivery volume was also more than 25% average in both days, so price action with strong volume and RS Crossig above 0 Level making VIP Industries a perfect bet for target price of 340-360
VIPIND showing a breakout pattern for the upper side. Levels: Buy @ 280 - 285 Target @ 305/315/330 Stoploss @ 270
GOOD OPPORTUNITY FOR SWING TRADE IN VIP bounce back from support level. BUY IF SUSTAIN ABOVE : 270 TARGET 1 : 290 TARGET 2 : 300 STOP LOSS : 260 **These are my personal observations. Please trade at your own risk.**
This is very technical breakout of triangle, and breached 305, Now pullback has happened till 271. Might go pass previous high and target will be 330. SL 268
-continuously increasing volumes with high deliveries -staying above 50 EMA -solid base @250 TARGET 1 : 280 TARGET 2 : 290 STOP LOSS : 240 **These are my personal observations. Please trade at your own risk.**