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padiyara
Aug 16, 2017 5:56 PM

Indo Count Industries: 117.35 trend line sup, over sold: Res:160 Long

INDO COUNT INDUSTRNSE

Description

Indo Count Industries Ltd:117.35 is currently at trend line support , with highly over sold state,Res:160 stop:107
Assuming that it may be in a C leg correction doesn’t seems to be completed yet,( below 107 it can come down to 96 level)
as its 62% retracement level is 96.6 can be a good support. Good textile stock to have in ones portfolio for long term.

Comment

Low was 96.1
Comments
DSKF16
Thanks for the post. As view matched. Post same View 1-2 day's before.
padiyara
@DSKF16, welcome
DSKF16
@padiyaraa, Today Closed above @ 107 (Vol: with 17.7% more Volume compare to previous day's Close. Think some inner news is there.
padiyara
@DSKF16, I think only we two people are following it :D
DSKF16
@padiyaraa, In any Social networking Application, Majority members are not interested to Learn, only Earn.

So, i mentioned in one of my post "Test with your Own Tongue".
padiyara
@DSKF16, true
I just checked for the quoted, couldn't find.
But ,wow you made lot of fantastic post.
DSKF16
@padiyaraa, So kind of you.

About Quote details: Title of Post is "5 important reasons why you LOSE money in stock markets", REASON #5 – TEST YOUR OWN TONGUE. dated 19th Aug 2017
Sidharth_Kr_Jain
@padiyaraa, Sir, I am also following it from the day you posted it. I got into 100ce when it bounced back there from 96.10 to 102. Holding till expiry. Thanks for such a perfect analysis
padiyara
@Siddharth_Kr_Jain, you are welcome
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