IOLCP: Short& Mid term view BullishRef chart. MACD crossover may happen on upcoming days in daily chart. This will trigger to price shoot-up. In daily chart Indicators are turning bullish from bearish . In monthly chart indicators are continuing the bullish momentum last few months. From this level it may move the further upside. Targets are given by using patterns.
****Note: If you noticed my earlier views, most of the views given before breakouts by using indicators. Risk takers no issues but Safe traders can take the trade after breakout.
Vijayaraghavn.K
Kovilpatti.
IOLCP
Long IOl CP at 397I took a pilot position at 397.5 and I will be looking to add at minor corrections
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
5 years of sales growth - 24%
5 years of profit growth - 135%
Margins at a record high of 32%, although this doesn't look sustainable
TTM earnings up 57%