Hi, Let's try to understand what is cooking in VI stock through price action
- VI has corrected almost %50+ and it will still correct if any positive news will not come in market. - Now let's have a look what are the key levels of support as we can see from weekly chart key support level is at around 7 - 7.75 levels. - The reason is clearly seen in chart when Stock has come to that level 2-3 times it has bounce back till 13.50 or more than that, so it's a good opportunity to buy around that levels and it can definitely give 50% or more return - Not giving SL levels as it's a risky whiskey trade____ Risk hai to Ishq hai...Lol - Cut the finger otherwise you have to cut your whole hand (same goes with loss as well smart one will understand and they will cut the loss accordingly).
*** THIS IS NOT A BUY SELL RECOMMENDATIONS ITS ALL MY PERSONAL VIEW ***