VIP Industries | Trading between 400 & 485

VIP Industries in recent weeks is in a sideways trend since February. Taking a broader look we could find the price action is forming lower highs and higher lows leading to a triangle pattern.
Currently, the stock looks to be in the middle of both the patterns and only a breakout could give us a clue on next big swing. It would be wise to get in if either 485 or 398 is breached.
Chart PatternsconsolidationconsolidationzoneTechnical IndicatorssidewayssidewaysmovementTrend AnalysistrianglebreakVIPVIPINDvipindustries

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