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Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?

Business Standard LogoBusiness Standard12h ago

Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here? - Business Standard

Quick Summary:

A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.

As such, the stock can potentially jump to Rs 519 levels, with interim resistance likely around Rs 475 and Rs 492.

VIP Industries is seen testing support around its super trend line on the monthly scale at Rs 432; which also near about coincides with the 100-MMA (Monthly Moving Average) at Rs 416.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 12:18:37 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 944 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22225464

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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