FLAG Breakout with volumes
BUY @ CMP i,e, 167
Stop-Loss: 142 daily closing basis
Target: 321 and 380
Time Frame 3-6 months
Disclaimer: Educational post
ICIL Heading Towards 180 Level.
CMP is 228.
Falling in a parallel channel.
Keep an eye on the parallel channel breakout also.
PRZ is 175-780. Till then wait and watch.
ICIL was good buy for the target of 244. we have provided the buying range of 172-178 or Buy above 199. it was shared on 7th July. 30% return has been given by the stock so far and still on the move. for more such analysis, Join our Premium channel.
- Weekly Chart
- Cup Pattern
- Looks Good for Short Term Investment/ Swing if closes above 175
- Manage risk using stop-loss and appropriate Position Sizing
-Possible targets marked in the chart
The stock is near multiyear resistance level after formation of cup and handle.
Volume profile is also decent.
Keep on radar!
Keep supporting! Keep earning!
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.
