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Satish_Sonwale

IOLCP looking good to buy above 587 with RSI Divergence

Long
IOL CHEMICALS&PHAR (NSE:IOLCP)  
Satish_Sonwale  
NSE:IOLCP   IOL CHEMICALS&PHAR
Parallel Channel Head and Shoulders Oscillators Bullish Divergence breakouttrading breakout
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parallelchannel headandshoulders oscillator bullishdivergence breakouttrading breakout
As we look at the daily chart its showing that it has retraced 50%, now it is ready to move upside. If we look at 30 min TF its showing nice pattern of parallel channel and with RSI bullish divergence we can trade with the confirmation. For more confirmation it has formed inverted head and shoulder pattern on lower TF as well.
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