NACHATUR

Breakout in IOL CP

Long
NSE:IOLCP   IOL CHEMICALS&PHAR
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After consolidating for more than 11 weeks, IOL CP has given a breakout from the descending trend line on good volumes. It should resume it's upward journey.It is week below 635. Positional target will be vicinity of it's previous high of 860.

Disc. I'm not a SEBI registered advisor. This is only for educational purpose.