V I P Industries

Promoter holding is above 51%.
No promoters pledged.
Stock below 200 EMA on weekly chart.
Its an old Indian Brand.
Reserves are more than market cap.
Expecting max dip till 375. but market is supreme so other two major support are 285 & 200.
Not Expecting it to go below Covid level as of now.
Resistance points are marked with Red Arrow.
Resistance is marked as Red horizontal line.
Support points are marked with Green Arrow.
Support is marked as Green horizontal line.
Stoploss is marked as orange horizontal line

Levels:-
Buy 500 - 375 - 285 - 200
Stoploss 180
Target 700- 1000+

This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Chart PatternsTechnical Indicators

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