IPCA- Magic of 557- Done & Out

Above 545- touched the evening star head high@557- I love you ipca. Likely we should not cross 557- done for the day.

Shall wait for new clues & new movement- which is downside largely

Regards,
Abhishek H. Singh, CMT

Trade active:

13:55 Hrs- IST-6th Sep2016- IPCA going Above 557- Indicates that we are done on upside & can expect a new high above 560 as well in the coming session.

Comment:

13:55 Hrs- IST-6th Sep2016--Sorry - "not done on upside" & expect a new high above 560

Trade active:

14:10 Hrs- IST-6th Sep2016- Boom - 557 & Above- Looking for a new high above 560- Makes new session high@563.

Trade active:

14:35 Hrs-IST-6th Sep2016- IPCA is on Rajdhani Train -Just Touched 571. Likely we should book profits & wait for some corrective move.

Trade active:

12:40 Hrs- IST- 9th Sep2016
IPCA was another good stock which zoomed above 545 to 557 - we were long & later above 560 -Again it looked bullish- Vow -Currently trading at 590