Breaking the parallel channel, expecting 268-69 in the short temICIL was consolidating in the parallel channel from last 2 months and trying to break out the channel. Expecting 268-269 in the short term.
ICIL trade ideas
Bullish Flog & Pole B/O on DTF in ICILFriends, as our markets have given a positive breakout and closed above the previous life high on weekly closing basis. Therefore I am expecting this bullisness to continue for the comming months and thus we can see a good appriciation in the Midcap and Samallcap Stocks going ahead.
Presenting a Fresh bullish Flag and Pole Breakout on Daily TF with good volume. One can create a fresh postion in the scrip at 206.95 with a stop loss of Rs. 193 for a target of Rs 242. Exit the position if the stop lss triggered on daily closing basis.
The risk reward ratio for the trade is 1:2.5.
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
ICILICIL :- Pole flag pattern is showing formation, wait for breakout and watch
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.
ICIL BREAKOUT ABOVE 220ICIL looking good and can break 220 level this time , add it at cmp, place sl at 210 tgt 250
ICIL : Watchout for Penant RetestNSE:ICIL had given breakout and is now Retesting it breakout levels. Can we see upside after the retest. It is giving chance to traders who have missed the buying levels of breakout. lets see if it hits our target or Stop Loss
Indo Count Industries Analysis Stock has given BO on daily & weekly TF with good volume build up, follow chart for proper support and resistance levels.
ICIL : PennantNSE:ICIL has completed the pennant breakout and giving the second chance to go long at retest. We have to keep stop loss at the low of the breakout candle and target will be the previous move before the pennant.
ICIL break outExpecting 150-170 levels soon in the stock. High probability trade. Keep the stock in your watch list. This is for your educational purpose only.
INDO COUNT INDUSTRIES - DAY CHART - 31.10.22 - BAHAVAN CAPITALINDO COUNT INDUSTRES as per day chart analysis Above 150 Target 160
Happy Trading to All...
Buy Today, Sell Tomorrow: ICILDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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
Channel Breakout in ICIL
Buy Today, Sell Tomorrow: ICIL
ICIL | Simple triangle breakout - Looks potential for 20-40%ICIL | Simple triangle breakout - Looks potential for 20-40%
CMP : 156
SL : 145
Target : 188, 220
1:3 risk reward setup for first target
ICIL | Good Swing/ Short trade opportunity with a small SL !!!Swing/ Short Trade opportunity to earn good RRR
CMP: ~ 162.45 (Buy @ ~153.10)
SL: ~ 129
Target: ~237 | ~309 | ~426 (Swing traders can exit at T1)
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
ICIL TARGET 202ICIL travels from primary monthly support trend to resistance. It opens above 162 and sustains above 168 it will reach 202
ICIL - BUY (SWING TRADE)INDO COUNT INDUSTRY LTD
Sector: Textiles - Spinning - Cotton Blended
Buy zone 140-150
Enter with stoploss 136
Target - 156, 162, 173
#Indo Count Industries LimitedTarget Above 300+
This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered
ICILDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
INDO COUNT INDUSTRIES DAILY CHART ANALYSIS 19.12.21INDO COUNT INDUSTRIES as per daily chart analysis is in a brief consolidation zone and stock above 267 level for a target 272. Do note nifty50 tomorrow will fall initial hours and it should take support either at 16891 or 16791 for it bounce back. So buy only after the reversal.
trying hard will it continue upmove simple trendline drawn to see pattern
level mention. to observe its move.
decide on ur own.
ICIL RISK REWARD 1:2BUY CMP
SL-273
TGT- 334
TAKE MIN RISK REWARD 1:2
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.
