Technical Analysis of Indian Equities by Nooresh

VIP Inds target 70/75,Breakout with Volumes

VipInds

 

VIP INDS -

 

The stock was on radar over the past few weeks with it testing 61-62 a couple of times.

Finally the stock gave a triangle breakout today with very huge volumes.

Can expect a target price of 70-74 in short term.

Medium Term can even be looking towards 90 +

 

Disclosure: Recommended at 62 to clients today.

 

 

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Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

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nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2581 articles.

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