ICIL trade ideas
#ICIL icil looking good from current levels long can be initiated from current level and buy on dips till 100 level
1st tgt:- 138
2nd tgt :- 151
possible price action presented on chart .
ICIL : Ascending Traingle Breakout with high volumesNSE:ICIL Breakout has occurred on daily charts from ascending triangle with high volumes.
As per measured move we can see a target of around 30 points ie 160 levels.But as the price is very near but below its 200 period EMA and support turned resistance zone at 135 , it may see some consolidation or throwback to breakout levels. So we can put this script in radar for coming days for a better opportunity.
Resistance Breakout,seems to be long term bullish levels mentioned on the chart our profit 2 times more than our risk, this trade going to be long term trade.
Resistance break out long term trade Levels were mentioned on the chart
its going to be a long term trade
our profit level 2 times more than our risk
ICIL seem like completing an abc pattern around 96(onRequest)ICIL' is highly over sold and completing a pattern. MACD is below zero line showing bearishness,
still hopes, that it can improve any time, as the PINK line mark shows an upcoming PD.
It seems like we are in the end of a Wave C of an abc' correction, which I mentioned in my frirst post even , doubting the correction to be continued. Actually I was expecting a pullback towards 140-160 didn’t work.
The Grey marks are from old post.
Fundamentally the stock is an above average one with an ROE 30 & Debt to equity: 0.30, The sales and profit has to improve better. And always keep in mind the Industry you are entering in, as in this case most of the TEXTILES are under performers.
Market Cap.: ₹ 2,027.29 Cr.
Current Price: ₹ 102.70
Book Value: ₹ 43.49
PE: 10.15
Dividend Yield: 0.78%
Face Value: ₹ 2.00
ROE: 29.62%
EPS: ₹ 10.12 Expected quarterly EPS: ₹ 4.54
Debt to equity: 0.30
In my view 96 is a strong support.
Hello every one, you can find and search any old post from the home page itself, just type your stock code, and select your exchange. because if you are selecting the BSE' code, and the posting is made with NSE code, then it will not show anything. if any one posted a view on any stock will be shown under that scrips details.
ICIL(123) #AscendingTriangle@78.6%retracement #RSIFor wealth accumulators
Accumulate ICIL in range 117-123 stop below 105 Targets 170-190
Rationale: Ascending triangle @ 78.6% retracement
of 51 to 246, Bullish divergence
Add further on close above 136
ICIL Short term and Mid term viewAll Indicators are positive. Inverse Head and shoulder pattern formed after breaking the neckline it ll confirm that pattern. Trend line breakout happened. All these factors will help to move further.
Targets are mentioned in Chart.
Vijayaraghavan
Kovilpatti.
LONG ON CMP I am Looking go Long on CMP or add on pull back with Stop as CLB for Target
This move will be slow and minimum returns will be 25% +
Regards
ICIL - IMPERFECT BULLISH BATNSE:ICIL has formed bullish bat.
Go long above 115.50
T1 - 119.20
T2 - 123.60
SL - 110.80
Note - XD ratio is not a perfect match. Hence its a imperfect one.
ICIL._Long_Daily_Swing_19.11.2017_Breakout_EducationalICIL._Long_Daily_Swing_19.11.2017_Breakout_Educational
Let see how the trade rolls.
Quality - Excellent
Valuation - Expensive
Financial Trend - Negative (UP)
Delivery Percentage - Low
FII holdings have decreased by -3.57% in Sep 17
Entry - 130.65
Target - Target: 149
Stop Loss - 122.65
ICIL - Ascending Triangle break out NSE:ICIL ascending triangle breakout with volume.
One can go long above 129.30
T1 - 139.10
T2 - 165.90
SL - 113.50
ICIL Daily Candle..ICIL landed on a good support line and a good buy area...
Target explained on the chart..
INDO COUNT | Double Bottom - LongLong as double bottom confirmed. Anywhere between 120 - 125 can be a good entry. Or on the curved support.
ICIL, LONG, TARGET-140, STOPLOSS-110Share has made CUP & HANDLE PATTERN (shown in graph). Last two Candles has made Bullish Engulfing pattern (shown in black box). EMA 12 days has also crossed EMA 26 days (shown by yellow and green lines). Uptrend is started. Share price will reach 140.
ICILICIL coming out of wyckoff acc pattern.
Sustain above 125-128 would be interesting.
Disc-Interested since 96 from diff chart.
