VIP Industries Ltd. CMP—Rs 923.45
Technical Outlook & Trading Strategy:-
The share price of VIP Industries has registered a break-out above its key resistance level of ` 911 and has closed at an all time high levels. The momentum indicators remain in the rising trajectory and indicate strength in the current up-move. We expect the stock price to test levels of Rs 950/ Rs 975 shortly.
We recommend a buy with a stop loss placed below the level of Rs 896.80
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