IRCON INTERNATIONA TGT 330-360 SL - 229-210 ZONE
Ircon International Ltd. is an interesting chart with following
1. RSI on all time frames (DWM) above 60
2. Stock Strongly outperforming Benchmark index and sectoral index
3. Both SRS and ARS above zero
4. Close within 52 Week High Zone
5. Stock making higher highs for last 3 consecutive trading days
6. Higher Trader and Delivery quantity this week
7. ABCD pattern under formation on weekly chart
8. Narrowing Bollinger Bands on weekly chart
9. Price walking on upper Bollinger Bands on daily charts
Can be a Good Buy on dips and dips only as Major Support is at 229-243 zone where as next resistance above 275 can be 331 - 364 zone
Lets See How it evovles
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. RSI on all time frames (DWM) above 60
2. Stock Strongly outperforming Benchmark index and sectoral index
3. Both SRS and ARS above zero
4. Close within 52 Week High Zone
5. Stock making higher highs for last 3 consecutive trading days
6. Higher Trader and Delivery quantity this week
7. ABCD pattern under formation on weekly chart
8. Narrowing Bollinger Bands on weekly chart
9. Price walking on upper Bollinger Bands on daily charts
Can be a Good Buy on dips and dips only as Major Support is at 229-243 zone where as next resistance above 275 can be 331 - 364 zone
Lets See How it evovles
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.