STOCKMARKET360

Get Top latest market news, Stock Market Views, Stock Market Updates and analysis on stock, derivatives, commodity and IPO markets. Get all Stock market news, BSE, NSE, Sensex Nifty, world markets, Indian markets, stock recommendation, Dalal Street, Day trading, futures, options, SEBI, market news, Business and other Financial News.

VIPIND – WILL IT BE SUCCESSFUL IN CHANGING ITS TREND ???? SEE THE TECHNICAL READING

VIPIND

If we can look at the chart of VIP we can see that stock able to move above its long term resistance trend-line which almost after 12-15 months.

even look at the rsi, now it able to move above its resistance level and able to touch the overbought zone now.

so with this basic technical view we can say that if price able to give close above 67 level then one can enter into buy with sl of rs. 50 target of 75-90-130-200

if trigger in buy then one can hold delivery till price not able to confirm the trend reversal.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

STOCKMARKET360 © 2017