Puzzled about VIP Industries move: Sandeep Wagle
Movement in VIP industries has no clear patterns.
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| Want your view on VIP Industries.
Sandeep Wagle: Very honestly, I have no clue the way it is moving, there is no clear pattern. It is just moving up one way. Every decline, the bulls are lapping it up and very frankly at around 500-520, we had recommended booking off profits in this stock. I have absolutely no clue, so let me not give a guess, till it goes, it goes, you can only be in with a trailing stop loss of somewhere around 580 or so and I have no pattern that suggests a very clear target, so let me say that I am absolutely nonplussed as far as VIP Industries is concerned.
Sandeep Wagle: Very honestly, I have no clue the way it is moving, there is no clear pattern. It is just moving up one way. Every decline, the bulls are lapping it up and very frankly at around 500-520, we had recommended booking off profits in this stock. I have absolutely no clue, so let me not give a guess, till it goes, it goes, you can only be in with a trailing stop loss of somewhere around 580 or so and I have no pattern that suggests a very clear target, so let me say that I am absolutely nonplussed as far as VIP Industries is concerned.
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