izmo looks bullish in short to medium term Long

NSE:IZMO1D

IZMO LTDNSE

Description

⋅ Oct 9, 2017 5:39 PM

in daily, price bounced from the support zone, also hidden bullish divergence is seen here.

sl - 52, tgt1 - 60, tgt2 - 70

Trade active

⋅ Nov 3, 2017 10:01 AM

after a BB squeeze, izmo showing strength, price closed above upper BB with good volume and BB is expanding.

Trade closed: target reached

⋅ Nov 17, 2017 3:39 AM

both of the tgts reached here, recently it has corrected and now at support level (trend line + 20ma). it should bounce from here,

Comment

⋅ Dec 9, 2017 3:36 PM

price is trending up and sustaining above 20 ma, 82 level can be achieved here,

Comment

⋅ Jan 6, 2018 1:24 PM

tgt of 82 is achieved here.

Comments

samyr99

⋅ May 6, 2018 6:09 AM

sircan u please update this chart ,... izmo at 107 ... can we target 120>? am holding at 112

ParamjitMahapatro

⋅ May 7, 2018 2:45 PM

@samyr99, it has overhead resistance at 116, that can give a hurdle, good thing is in weekly it is in a strong uptrend, so there is a good chance for resistance breakout, tradingview.com/x/DupvQNn7/.

samyr99

⋅ May 8, 2018 5:29 AM

@ParamjitMahapatro, thats a great news.. am holding for long term so i will hold with patience ,.,. thanks a million for the analysis