RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VIPIND.NS
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VIP Industries Limited stock price up 1.54% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 05, 2024 Loss -14.70% PDF

The VIP Industries Limited stock price gained 1.54% on the last trading day (Wednesday, 27th Mar 2024), rising from ₹458.45 to ₹465.50. During the last trading day the stock fluctuated 3.76% from a day low at ₹452.20 to a day high of ₹469.20. The price has fallen in 6 of the last 10 days and is down by -5.35% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 621 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately ₹757.73 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.57% during the next 3 months and, with a 90% probability hold a price between ₹365.78 and ₹439.29 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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VIPIND.NS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 2.78%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The VIP Industries Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹519.23. On a fall, the stock will find some support from the short-term average at ₹459.36. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for VIP Industries Limited stock

VIP Industries Limited finds support from accumulated volume at ₹465.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹17.00 between high and low, or 3.76%. For the last week, the stock has had daily average volatility of 3.24%.

VIP Industries Limited is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VIPIND.NS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect VIP Industries Limited to open at ₹462.30, and during the day (based on 14 day Average True Range), to move between ₹448.34 and ₹482.66, which gives a possible trading interval of +/-₹17.16 (+/-3.69%) up or down from last closing price. If VIP Industries Limited takes out the full calculated possible swing range there will be an estimated 7.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹465.30 (0.04%) than the resistance at ₹538.65 (15.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is VIP Industries Limited stock A Buy?

VIP Industries Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.670 Sell Candidate Unchanged

Predicted Opening Price for VIP Industries Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
₹462.30 ( 0.687%) ₹465.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VIPIND.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 479.30 2.96 %
R2 472.81 1.57 %
R1 468.79 0.708 %
Current price: 465.50
Support S1 455.81 -2.08 %
S2 451.79 -2.94 %
S3 445.30 -4.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 559.80 20.26 %
R2 546.95 17.50 %
R1 538.65 15.71 %
Current price 465.50
Support S1 465.30 -0.0430%
S2 463.75 -0.376%
S3 458.45 -1.51%

VIPIND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 07, 2024 Feb 23, 2024 ₹2.00 0.357%
2 Feb 02, 2023 Feb 02, 2023 Feb 02, 2023 ₹2.00 0.292%
3 Nov 03, 2022 Nov 03, 2022 Nov 03, 2022 ₹2.50 0.343%
4 Mar 08, 2022 Mar 08, 2022 Mar 08, 2022 ₹2.50 0.399%
5 Feb 12, 2020 Feb 24, 2020 Feb 27, 2020 ₹3.20 0.737%

FAQ

What is the symbol for VIP Industries Limited Stock and on which exchange is it traded?
The symbol for VIP Industries Limited is VIPIND.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell VIP Industries Limited Stock?
VIP Industries Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy VIP Industries Limited Stock?
VIP Industries Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy VIP Industries Limited Stock.

What's the current price of VIP Industries Limited Stock?
As of the end of day on the 2024-03-27, the price of an VIP Industries Limited (VIPIND.NS) share was ₹465.50.

What is the 52-week high and low for VIP Industries Limited Stock?
The 52-week high for VIP Industries Limited Stock is ₹722.85 and the 52-week low is ₹449.05.

What is the market capitalization of VIP Industries Limited Stock?
As of the 2024-03-27, the market capitalization of VIP Industries Limited is 65.073B.

When is the next earnings date for VIP Industries Limited?
The upcoming earnings date for VIP Industries Limited is May 06, 2024.
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About VIP Industries Limited

VIP Industries Limited V.I.P. Industries Limited manufactures and sells luggage, bags, and accessories in India. It offers hard and soft luggage, including handbags, printed polycarbonate luggage products, soft uprights, vanity cases, hard suitcases, briefcases, trolleys, rucksacks, backpacks, duffel-bags, laptop bags, and school bags. The company provides its products primarily under the VIP, Caprese, Carlton, Skybags, Alfa, Footloose, and Aristocrat brands. It also e... VIPIND.NS Profile

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