IONEXCHANGEIONEXCHANGE is trading near short term support. Currently available at good risk-reward. Seems weak below 585. Keep it in yr watchlist.
Ionexchange
Ionexchange-Long Term SwingSTRENGHTH
Strong Momentum: Price above short, medium and long term moving averages
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Ion Exchange (India) Ltd - Long Setup, Move is ON...#IONEXCHANG trading above Resistance of 3735
Next Resistance is at 4594
Support is at 2876
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support 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.
IONEXCHANGIONEXCHANG:- Ascending triangle pattern has formed, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ION EXCHANGE - LONG TERM - HARMONICBullish gartley pattern completed on daily TF. Potential targets on reversal marked with Fib retracement of CD leg.
Also, a major demand zone is present at reversal levels. Stochastic RSI and RSI 14 indicate reversal too.
2 Amazing price action trades and Index ideas for 9 Nov I daily make educational content videos on financial markets
Wabag - Water Treatment companyCompany is focussed on water treatment for municipal and industrial users. The company has completed more than 6000 projects and is present across more than 30 countries.
Having globally customers, bright future in water treatment due to natural climates.
If anyone have more than 7yeras holding patience then Add in your portfolio my tgt for 5 yeras is 1000++ on this counter based on all Fundamental and Psychology of peoples.
Swing Tgt 400 420 450++
SL 350
IONEXCHANGE | A Potential Multibagger Technically:
1)Broke-out from Stage I - Consolidation (approx. one year) with good number of Volumes.
2)Entered into Stage II - Uptrend.
3)Support around 30 EMA.
Fundamentally:
1)Posting amazing QoQ & YoY results.
2)Almost Debt free.
3)EPS & ROCE increasing with good numbers.
Great stock to watch out for!!!
ION EXCHANGEStrong potential candidate which will hwlp us on water crises
Add on every dip
Technically forming Cup n Hnadle Pattern
we can see good upmove above 1470 closing
Hold for 1550 1650 1750++ soon
Sl 1350 strict
Note- Before taking any entry exit please concern with your financial advisor
Thank you
