Technical view by Nooresh on Sensex/Stocks/Commodities |
VIP Industries – Cup and Handle Breakout. Target 90 Posted: 02 Mar 2014 09:28 PM PST
VIP Inds –
The stock has just broken above its recent highs and a cup and handle pattern. Volumes are better in last few days which is a strong sign. Buying can be initiated at 73-70 with a medium term view. Upside target would be 90 or higher.
Disclosure: Recommended to clients at 62 booked at 70.Re-entry done at 71-72 yesterday.
Do check our Techno Funda Small Cap stock – which has moved 15% from recommendation already.
We have designed a very important and a must course for all investors/traders – Online Crash Course on Technical Analysis Sunday 9th March 2014. Time : 10 am to 5 pm. Requirements – Headphones with a broadband connection. Course Fees : Rs 2999. (There are no early , late bird and group discounts. Limited Seats) The webinar would be conducted on the platform provided by www.wiziq.com. The recording of the full webinar will be available to the participants for the next 1 month to have a re-look.
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