ICIL🚀 Breakout Alert: Indo Count Industries Ltd (ICIL) 🚀 📈 A strong breakout from a rising channel pattern on the 3-month chart! ✅ Entered at ₹390 with 150 QTY. 📊 Targeting ₹531.70, with the recent high of ₹450.65 as a crucial resistance to watch. 🕒 Volume surging, signaling strong momentum!by tradingwinnersindia228
Indo Count Industries LtdDate 13.10.2024 Indo Count Industries Timeframe : Day chart Healthy Fundamentals :: Market Cap ₹ 7,159.66 Cr II Enterprise Value ₹ 7,986.50 Cr No. of Shares 19.81 Cr II P/E 21.56 P/B 3.37 II Div. Yield 0.61 % Book Value (TTM) ₹ 107.37 II CASH ₹ 87.25 Cr DEBT ₹ 914.09 Cr II Promoter Holding 58.74 % EPS (TTM) ₹ 16.77 II Sales Growth 19.71% ROE 16.80 % II ROCE 17.87% Profit Growth 34.49 % Technical Remarks :: 1 Chart Pattern : right angled ascending broadening wedge (High Volatile pattern) 2 200 ema is confluence with support zone/base of broadening wedge 3 RSi channel breakout is another positive confirmation 4 If breaks out and resume broadening pattern then very positive for 20-30% of upside 5 Allow it to resume or move above base as well as support trend for longs Remarks, Ankur Longby AnkurSingh3
ICIL | Consolidating channel breakout | Short Swing TradeICIL | Consolidating channel breakout | Short Swing Trade Chart Analysis 1) Consolidating channel breakout 2) wedge pattern formation 3) EMA - 50 support and good volume sign Stock will try to catch up the momentum and reach the previous highest point which is about 10% growth in next week or two. Disclaimer: this is for eductional purpose and not investment ideaLongby Bigfoot_Academy1
ICIL- Wedge Pattern with Strong Support from Bollinger Bands✅ The stock is showing signs of a bullish breakout from a descending wedge pattern. The recent move above ₹409 suggests a potential continuation of the upward trend as the stock attempts to break out of the wedge formation. ✅ The ascending trendline has acted as solid support for the stock since February, which reinforces the overall bullish sentiment. The stock has consistently bounced off this trendline, maintaining its long-term uptrend. ✅ The Bollinger Bands are starting to widen, which indicates an increase in volatility and a possible strong move to the upside. The stock has also crossed above the middle band (20-day moving average), which typically signifies a bullish shift in momentum. ✅ The RSI is currently at 59 and trending upwards, suggesting that the stock has further room to rally. A move above 60 would strengthen the bullish case and confirm the breakout. Longby Marketik1
ICIL (4HR)ICIL (4HR) Indo Count Industries Limited CMP 407 Previous resistance break and retest doneLongby saifpalla0
ICIL CUP & HANDLE BREAKOUT Buy ICIL (W) 350, fantastic cup and handle breakout at 320 levels and moving towards 435 to 520. Invalid below 260 on weekly closing basis.Longby winnersgameUpdated 5
ICIL - Ichimoku Breakout📈 Stock Name - Indo Count Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 450. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #ICILLongby nikunjbhadja1
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall ROUND BOTTOM Breakout in SUVENPHAR BUY TODAY SELL TOMORROW for 5%by Kapil-Mittal338
ICIL (Indo Count) near major resistance, breakout?Indo Count: -One simple horizontal line setup (80 days consolidation after good move) -Signal Candle (white dot candle when 5%+ move and Vol: 1m+) suggesting institution vol kickin in -tightness after signal candle -Good shakeout (when price go below major ema (here 100 ema) and rally up, kicking out weak players), check what it did last it udercuts) But right now market is little tricky for swing traders as stocks are breaking out but no follow-through coming and lots of squats (wick above major resistance breakout, fake-out in same session) too. So one can wait for confirmation what market wants or if have anticipation then best time to build positions.Longby takmanish0071
Indo count industries ltdStock is trading at 309.7. It has completed the CUP pattern(almost 2 years). weekly closing above 318 can move the stock Higher . This is not a stock recommendation .Longby naveenpawar22Updated 2212
ICIL long trade stock : icil (indo count industr) trade : long (cash segment) buy @ 400 above sl @ 365 target1 @ 435 target2 @ 460 note : this information is for education only Longby cbk257110
Indocount-A good breakout might be coming soon!ICIL is a good investment stock forming a beautiful cup and handle pattern in multi year time frame. Once ATH is broken, we can see big and quick move in this stock. Long term investors can look for 2x returns as well.Longby chartistameyUpdated 6
Breakout in ICILA breakout seen in ICIL, can go long for 5-7% with strict SL. This is only for educational purposes. Trade at your own riskLongby kabirverma0
ICIL Cup & Handle Breakout & Retest Done Now Looking Very StrongICIL Cup & Handle Breakout & Retest Done and there is also breakout in daily time frame, volume is also high, looking al the patterns it can give good returnLongby MarketikUpdated 10
ICIL (Indo Count Industuries) : ATH Breakout with volumesStock is in consolidation for long near ATH before breakout. Classic pattern of accumulation before good BO. in one sense it is also giving a Flag and pole breakout. Now as we can see the weekly candle is closed above ATH. Stock can move from here. Entry above Week high and Stoploss can be kept below low of same weekly candle. DISC: Only for educational purposes. Longby trade_opportunitiesUpdated 2
ICIL Long PositionalDate : 25-02-2024 Buy ICIL above 327 Target of 357-409-565-627 SL 195 Strategy : SBO + RSI > 60 + EMA above 20, 50, 200 Duration few Weeks to Months Please consult your financial advisor before investing All research for educational purposes only. Stock is ready to cross past barriers with good volumesLongby IOTABHIUpdated 5
ICIL : Good BreakoutICIL : Channel Breakout & Round bottom Breakout Looks goosd with support at 310Longby roshansaiUpdated 3
ICIL Cup And Handle Breakout With High VolumeCompany Overview: Indo Count Industries Limited (ICIL) is a leading manufacturer and exporter of bed linen and other home textile products. The company has a strong presence in the global market and is known for its high-quality products and innovative designs. Technical Analysis: - Cup & Handle Breakout with Very High Volume: ICIL has recently broken out of a cup & handle pattern with very high trading volume. This breakout is a bullish signal indicating a potential uptrend in the stock price. - RSI Showing Strong Strength: The Relative Strength Index (RSI) is showing strong strength, indicating increasing buying momentum in the stock. - ADX Indicating High Momentum: The Average Directional Index (ADX) is at a very high level, indicating strong momentum in the stock. This supports the bullish outlook for the stock. - MACD Crossover in Weekly Time Frame: The Moving Average Convergence Divergence (MACD) indicator has shown a bullish crossover in the weekly time frame, confirming the positive momentum in the stock.Longby MarketikUpdated 3
kinda cup and handle breakout Fundamental good stock given breakout Target : 465+ (short term) SL: 299 > Accenture to enhance Indo Count's biz operations using digital technologies > Durability and Valuation are upto mark. One can hold this stock for long term in textile industry. Longby PriceWorksIndeed1
ICIL seems good for longgood for long... SL below 280 cb Having decent volume and picked up momentumLongby vinithshah91
Nice weekly long setup in ICILA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:ICIL Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish flag & pole Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for educational purpose only.Longby raigvivekUpdated 2
INDOCOUNT - A NICE Breakout above 2021 highToday's price broke 2021 high price with good volumes. A good momentum one to watch.Longby subrra012