INDRAMEDCO trade ideas
Breakout-Retest-ContinuationA proper restest after breakout and continuation. CMP is 90 and can be bought for a short term target of 95.
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Indraprastha Keep on radar for a Monthly breakoutSolid M breakout in works,volume coming in. 100 possible.
Looking for a breakoutLooking for a breakout
Tomorrow if opens above current candle then could be a buy option.
Indramedco- Supply Zone in 59-60 Area59-60 zone is the supply zone. Prices are getting rejected every time they go into that zone & return back with beating.
Not a good stock- looks like it will stay in that zone for a while & once it leaks from bottom then we shall look for medicines for them.
Regards,
Abhishek H. Singh, CMT
INDRAMEDCO- Magic of Supply Zone 59-60
As per previous update 5-7 days back - 59-60 was the supply zone & Indramedco Slip -I love you. Happy as it turns exactly from the supply zone.
