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IOLCP

IOLCP - Ready for Stage 2 Breakout🔊 IOLCP - Ready for Stage 2 Breakout IOLCP - IOL CHEM AND PHARMA LTD ⌛Duration - Short Term (3 month to 6 month) 📊📈 Trade Logic - Ready for Stage 2 Breakout CMP - ₹516.25 Time Frame - Weekly 🎯Target 1 : ₹630 🎯Target 2 : ₹705 🎯Target 3 : ₹855 🛑 Stop : ₹430 🏆 Risk/Reward Ratio (1: 3) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:IOLCPLong
by Profit_Trader25
IOLCP - 80% upside potential!Price Analysis & Overview: 1. Good Volumes 2. Change in price structure denoting reversal. 3. Strong candle formations. 4. RRR is favourable. 5. Earnings look weak! Trade Plan: Entry= CMP SL= 10-15% TP= 1:3,1:4,1:5 - Stay tuned for further insights and updates, and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:IOLCPLong
by SuperNova396
IOLCP - A Continuation Wedge (Bullish)A Bullish Continuation Wedge is a pattern that emerges when there's a brief pause in an ongoing upward market movement. It's characterized by the formation of two trendlines that gradually converge in a downward direction against the prevailing uptrend. Throughout this consolidation phase, there's a struggle between the bearish and bullish forces. The bears aim to reverse the upward momentum, but ultimately, it's the bulls that emerge victorious. This is evident when the price breaks above the upper trendline of the wedge. This breakout is seen as a confirmation of the resumption of the previous upward trend, indicating that the bullish momentum is likely to continue. This bullish pattern can be seen on the daily chart of IOLCP. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:IOLCP
by hardeepssethi
IOLCP at crucial levels! | CHART#18IOL Chemicals & Pharmaceuticals Ltd. engages in the manufacture of organic and inorganic chemical compounds. It operates through two segments: Chemicals and Drugs. The Chemical segment produces and sells ethyl acetate, iso butyl benzene, acetyl chloride, and mono chloro acetic acid. The Drug segment offers a various active pharmaceutical ingredients such as ibuprofen, metformin, fenofi brate, and lemotrigine. *Stock Analysis* Stock has been flowing inside a descending channel (Yellow) after reaching its peak at 898.90 levels. Sub channel has been formed inside this channel which is of opposite nature (Violet) with above average volume which indicates potential buyers around this region. Sub channel lost its upward momentum on touching the main channel at 725 levels thus retracing to 600 levels and probably took support at trendline. Volume spike is seen at 600 levels, RSI pointing upwards so we can establish 600 levels as Demand/Buying Zone. Once its enters the channel (Violet), upward travel starts to 725 and 790 levels. Coming to the fundamentals - IOLCP is a fundamentally strong company which has its roots in chemical industry. It has a CAGR of 67%, ROE track record of 51.94% and its a Debt free company. P/E ratio is nearly 8.54 which is less than Industrial average due to consistent increase in Earnings. *Important Levels to Watch* -- Entry @ above 670 levels on support -- Target @ 725 | 790 -- SL @ 525 Notes : FII has reduced the stake from 7.7% to 5.9% YoY. Major stake(50%) is with public. So stock can be affected by news based panic selling India's specialty chemicals market to grow to $40 billion by 2025: McKinsey ▢ Feel free to suggest your view on this as learning is earning here. ▢ Drop a follow here😉 @GokulHari Happy Trading :) -- GokulHari ❗❗ Disclosure : I am not a SEBI registered analyst. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor or do your own analysis before taking any decision ❗❗
NSE:IOLCPLong
by GokulHari
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