Ion Exchange (India) Ltd - Long Setup, Move is ON...#IONEXCHANG trading above Resistance of 459.40
Next Resistance is at 787
Support is at 373.50
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
IONEXCHANG
Ichimoku Breakout - IONEXCHANGStock Name - Ion Exchange (India) Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 462
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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