ICIL - CUP & HANDLE BREAKOUTCup & Handle breakout observed in NSE:ICIL on weekly charts.
Such movement on weekly charts results in handsome upsides.
ICIL trade ideas
ICIL Positional View !!!ICIL : cmp : 174.6
A rounding bottom kind of pattern has been formed in daily & weekly chart.
A big bullish candle also formed.
TGT 186
Sl 164 clbs
Good to grab on dips.
Positional TGT 206
Positional SL 152 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
ICIL: NEAR BREAKOUT LEVELS
NSE:ICIL
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Flag pattern formation in ICILThe stock is forming a bullish flag pattern on daily chart, Entry from 176.1 with the sl of 166.9 for the tgt 189.9/198.65
ICIL: Medium Term Investment Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
ICIL BreakoutICIL is in Bullish trend, initially formed Head and shoulders (Cup and Handle also can be seen) and successfully done breakout and resulted very high now Resistance breakout after completing the recent retracement and creating new support and resistance.
Good Above Entry level
All levels marked on chart
Bullish Bat and flag pattern !!!Bullish bat and also flag pattern on Monthly chart....Can consider long with SL 135 on CB....
Indo Count Industries: 8 Months Resistance BO + Heavy Volumes!🚀SL: 160.5 around. Targets: 186, 195, 206. Can go even greater than that, very much possible in short term
ICIL : POSITIONAL TRADE1. Tested Resistance 5 times.
2. Trend line break out happened and taken the support on trendline.
3. Buy above 140 SL 110, Add more till 120
4. Target 158/170/180
Disclaimer: This is educational purpose only.
Indo Count - 5yr Head and Shoulders Breakout Set upMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
ICIL LongLevels on chart. SL is very wide.
This is late entry. Position can be added till 120 level.
Carefully manage your position sizing.
Multi Year Breakout - Retesting DoneIndo Count Industries is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc..
The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock.
The Company has posted excellent results in Q2 & Q3 of FY 21. Sales increased by 23% and 24% respectively QoQ. At the same time EPS increased dramatically by 655% & 362% QoQ. Foreign Portfolio Investors (FPI) have continuously increased their stake from 7.27% in June to 9.82% in December. This shows growing confidence of FPI in the stock.
Accumulate for a target of 170-200 with an SL at 121.
Feel free to share your feedback and queries.
