Long Candidate With Strong Weekly Candle with Volume.
Since price bounced already better to buy upon retracement at 385. or after strong closing above 514.
Short to Long term traders accumulate more at 294 /289.
More view in the charts.
IOL 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...
The trend has been broken and now retesting the trend line. A good level to buy to ride the trend.
Keep note of the stop loss mentioned in the chart.
Happy trading :)
