IOLCP - Bottomed out low risk high return strategyChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Iolchemicals
IOLC Bullish Trend (Swing Trade)Right Time to enter IOLC stock, Triangle pattern and parallel beam is available. Bullish Trend Expected.
I have entered after the Break out
Fundamentals: IOCL is the best stock as
ROE: 56.9%
ROCE: 68.9%
Great Stock at Great Price !!!
If any suggestions do comment my analysis..
Trader;
Karthick T
IOL Chemicals & Pharmaceuticals is trapped in Corrective ChannelNSE:IOLCP is undergoing its correction and I see more downside in the stock.
It has given some stellar returns in the past and a corrective pause is inevitable.
Patiently waiting for the price to visit the price reversal box drawn in the chart