IOLCP trade ideas
Entered at lower level, this is exit plan below 580 exitEntered at lower level, this is exit plan below 580 exit
Long IOl CP at 397I took a pilot position at 397.5 and I will be looking to add at minor corrections
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
5 years of sales growth - 24%
5 years of profit growth - 135%
Margins at a record high of 32%, although this doesn't look sustainable
TTM earnings up 57%
Wait for Bullish Breakout IOL Chemicals
Trend = Uptrend
Following pull back; wait for bullish breakout following blue line
Rsi - Neutral
Fundamentals
P/E - 6
Sector - Pharma
EPS - Higher than expected
Buy levels - 402
Targets - 450/520
Wait for volumes & price action above 410 for next moves in IOL Wait for volumes & price action above 410 for next moves in IOL chemicals now. next targets 480-680-960
Analysis of IOLCPHere is a good opportunity in both sides. But for up side there is strong resistance, watch it carefully.
Profit of IOLCPI made the analysis of IOLCP on 19th may. But I was waiting for an entry point. Yesterday around 2pm I placed entry and today I book profit. What I am trying to say is that, even your past analysis can give you good profit, you just need to wait until market gives you a perfect point to enter. Also see my post of 19th May analysis of IOLCP.
Everything is for education only.
Analysis of IOLCP for 19th MayAs we can see their is a good opportunity for trade. So wait for breakout then trade.
If you see my earlier post of IOLCP, the chart is same but analysis is different.
iolchemicals levels 4investor n trader
technically stock weak if trades below 300/310 mark in coming month (long term trend)
now at 382 as its shown a steller run from 230 to 400 thus a retracement upto 300 cant be ignored
but overll current trend support a buy on dip(long term)
Analysis of IOLCP Breakout and retesting good set up for trade.
All charts are for educational purpose only.
IOLCP possible Elliot WaveIOLCP Might be correcting in the coming time and them move up again as per the Elliot Wave analysis. NOTE: I am learning Elliot Wave analysis and fellow members, please review
do u mind if i set a target of 380??Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
perfect trade to longiocp is the chemical compay good for long term as well as can take trade for swing
BullishYesterday it returned from resistance line and is likely to pierce through resistance and descending line's confluence on 4th March if not earlier. Strong support around 160, having made a number of lows at this price range
In consolidationConsolidating around 4/1 support. Support at 170, target around 215 in intermediate term.
#IOLCP#IOLCP Strength candle C > than 209.85 on Weekly basis required for uptrend, currently in sideways action and fizzle momentum unless 209.85 is reached
