INDRAMEDCO Prediction for Swing/ Positional Trading
Entry 1 was at 175. Entry 2 was at 192. You can enter into trade above 218 or CMP or you can entry according to your experience.
Sls- according to you RRR.
Targets- 230,242,255,270,285,…(more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk...
Good Structure observed in Indramedco
For movement play buy above 96
SL below 65
Target 112-121
good support near 75-72
volumes picking up in uptrend and dry up in consolidation
Fundamentals:--
Market Cap-- ₹ 809 Cr.
ROCE-- 20.5 %
ROE-- 17.4 %
Company is almost debt free
Mcap FF (Cr.)--- 395.97
Please maintain SL closing basis as this is small cap stock
Risk...
![INDRAMEDCO: [SWING/POSITIONAL] INDRAMEDCO Long....](https://s3.tradingview.com/p/P8rJjquA_mid.png "[SWING/POSITIONAL] INDRAMEDCO Long....")
