IOLCP trade ideas
IOLCP long term (week or month) longIOCPL , showing uptrend and can long it
IOCPL is fundamentally strong stock, taking about ration ROE% = 56 and R/E is 15
Can long this
1. Buy above 200EMA
2. Buy at previous higher low candle or at lower trend line
Also examine the stock your self before investing
Leave comments for suggessions
IOL Chemicals, TrendlineIOL Chemicals, near very strong trendline, it has retest this trendline many time, if it breaks this it can give very big move. Enter after trendline breakout on buy side.
On the verge of a Breakout of VCP Pattern off 200 days EMAIOL CP fell below it's 200 days EMA and found support in the demand zone.. Currently, the stock is on the verge of a breakout of a VCP pattern that is coming off it's 200 days EMA. Generally, a breakout that is off the 200 days moving average is expected to be explosive and with quarter results due on 4th June, could also be expected to play a role in the rally.
IOLCPAdd IOLCP cmp and near 666
We seen 722/755/798+
View invalid below 608wcb
Note: all view are education purpose only.
IOL Chemicals & Pharmaceuticals Ltd breakoutAfter 9 month consolidation tradeline breakout
BUY - CMP
TARGET 1 - 800
TARGET 2 - 900
SL- 616
Multiple patterns in IOLCP chartIOLCP is trading at an important zone of long run TL and recent resistance. Also cup and handle pattern with price closing near neckline. Recent volumes are also good. This can be good for swing or positional long with target as mentioned, following a proper risk management strategy.
Bouncing Off 200 days Moving Average through a VCPIOL CP had fallen below 200 days moving average where it found a demand zone. The stock is now bouncing above 200 days Moving Average by way of a VCP. If the up coming results is good, the stock can give a good short term rally.
IOLC Bullish Trend (Swing Trade)Right Time to enter IOLC stock, Triangle pattern and parallel beam is available. Bullish Trend Expected.
I have entered after the Break out
Fundamentals: IOCL is the best stock as
ROE: 56.9%
ROCE: 68.9%
Great Stock at Great Price !!!
If any suggestions do comment my analysis..
Trader;
Karthick T
IOLCPNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
IOLCP longWatch carefully if Break yellow trendline and sustains above 670 then we can long on IOLCP
Untill n unless just watch
Risky can buy at cmp with Swing low As a SL
Note - please concern with your fianancial advisor befor taking any entry or exit
