IOLCP trade ideas
Seen IOLCP Retracing the Uptrend Trend.IOLCP which is highly undervalued stock seen retracing more on its levels. Stock seen retracing in E of A,B,C,D,E, as mentioned on chart and a retracement of 61.8% of a earlier rally comes to 435.00. Need to think if stock really in mode to retrace harmonically then more 23% fall cannot be ignored. Study the chart carefully
#IOLCP #23/10/21 #SUPPORT RESISTANCEBULLISH .
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
IOL CHEMICALS AND PHARMA◾BULISH FLAG PATTERN ON WEEKLY CHARTS OF IOL CHEMICAL AND PHARMA
◾Reversal possible
◾Support @ 512
◾If breaks 512 levels on weekly basis then exit
◾Buy at cmp as well as accumulate in dips until it hold 512 levels
◾On fundamental side company has good ROCE and ROE numbers with reduction in borrowings
◾Allocate not more than 5% Capital as it is small cap And can be highly volatile
IOLCP in Minor SupportIOLCP in strong Support @ 550 but the strength looks weak so either wait or buy @ 442. Average Down @ 158. SL 109. Target } 865
IOL Chem FlagPole breakout Weekly Flag pole breakout.
Support -640
Target => 800-900-1200
Only for Educational Purpose
7th BREAKOUT ATTEMPT
Get ready for the 7th attempt to break the downside trendline
Now at strong support zone 520
IOL CHEM very good potential for 20% or more IOL CHEM very good potential for 20% or more . waiting for 2nd trendline breakout add this stock in your watchlist it will give good return in short time. start accumulating now
#IOLchem cash : Looks good above 610.10#IOLChem cash -Positional call
30 Sept 2021
Resistance at 607-610
Looks good above 610.10
and dips 596-600
Stoploss 585
Target 636-640/740/900 in coming days
Cmp 593.80
Descending triangleStock after correcting nearly 40% from its high, has formed descending triangle pattern on weekly chart and flag pattern on monthly chart, making 550 as strong support. Now, one can keep this stock in watch-list and trade accordingly after any breakout above the diagonal trendline.
iol chemical treandline breakout and retestiol chemical treandline breakout and retest good for positional by prajapati9951
