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VIP Clothing Ltd. is in a rising trend channel in the medium long term. This shows that investors over time have bought the stock at higher prices and indicates good development for the company.
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The stock has broken a
resistance level in the short term and given
a positive signal for the short-term trading >
range. The stock has support at rupee
46.00 and resistance at rupee 55.00.
Volume tops and volume bottoms
correspond well with tops and bottoms in
the price. Volume balance is also positive,
which strengthens the trend. The stock is
overall assessed as technically positive for
the medium long term.
