Is VIP no longer a VIP?VIP has lost its sheen for a while now...but for a bull case scenarios, it is coming to a critical area of support. You can start buying here....The green trendline is your supposed friend as support...The red trendline is the danger area....I have started buying here and will average down....will keep multiple sell orders till all time high....FIIs are still selling, so unless Nirmala Thaai can give some good news for budget, the selling will continue till most retailers are insolvent.....you know the saying the beatings shall continue till morale improves...thats what indian retail investors are going through....just remember no govt is your friend....policies still exist to extract maximum money from you....stay invested, make some profit, give the begging govt their share and give them even more when you decide to enjoy your profits....Use ur own risk management.....
