INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
INTLCONV
*International Conveyors cmp 99.45 by Weekly Chart view since it*International Conveyors cmp 99.45 by Weekly Chart view since it listed*
- 88 to 91 Support Zone Price Band
- Price breakout by heavy surge in the Volumes by demand based buying on this stock counter
- Back to Back Rounding Bottoms with Neckline at Support Zone followed by breakout recently
- Weekly basis Support at 88 > 76 > 66 with the Resistance at 110 >>> ATH 1245.75 price levels
INTLCONV : Inverse Head & Shoulder pattern#INTLCONV #patterntrading #breakout #swingtrading #momentumtrading #stocksinfocus #stockstotrade #stockstobuy #stockstobuy
INTLCONV : (1-3 Months)
>> Breakout Candidate
>> Inverse H&S Pattern
>> Low Risk High Reward Trade
>> Good Strength & Volumes
>> Techno-Funda Stock
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
INTLCONV For Swing TradingINTLCONV Prediction for Swing/ Positional Trading
You can entry into trade above 99 or according to your experience.
Sls- according to you RRR.
Targets-105,110,123,135,148,160,175,185,200,212,225,238,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About INTLCONV –
International Conveyors Ltd. engages in the manufacturing and marketing of solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, and anti static conveyor belts. It operates through Conveyor Belting, Wind Energy, Trading Goods, and Unallocated Corporate segments. The Conveyor Belting segment is involved in the manufacturing and sale of PVC Conveyor Belting. The Wind Energy segment includes generation, supply and sale of Wind Power (Electricity). The Unallocated Corporate segment focuses on the corporate, administrative, and financing activity. The company was founded by Rajendra Kumar Dabriwala on June 18, 1973 and is headquartered in Kolkata, India.
INTLCONV | Good for Long NSE:INTLCONV
Cmp : 86.5
Try if managed to Closing Above 86.70
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.