Below is the technical chart of VIP Industries, using ichimoku indicator.

 

 

 



 

The stock price of VIP industries has crossed kijun-sen but is still trading inside kumo, which is its main resistance area. So, do not buy this stock till it closes above 132.80. On the downside, it can kiss the levels of 97.22 as kijun-sen line is flat.

Stay away from VIP Industries | Technical Chart | 07-Feb-2012
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https://www.investmentkit.com/articles/wp-content/uploads/2012/02/vip-industries.gifhttps://www.investmentkit.com/articles/wp-content/uploads/2012/02/vip-industries-150x120.gifAdminStock MarketAuto,Below,downside,Draft,Feb,Ichimoku,indicator,Kumo,nbsp,stock price,VIP,vip industriesBelow is the technical chart of VIP Industries, using ichimoku indicator.    The stock price of VIP industries has crossed kijun-sen but is still trading inside kumo, which is its main resistance area. So, do not buy this stock till it closes above 132.80. On the downside, it can kiss the...Tutorials to Educate Investors