Education Purpose Only
Strong Breakout with Good Volume...
Technically Strong..
Fundamentally Strong... Good Revenue , Net Profit Increasing Consistently , Book Value is Good...
Holding for Short Term Only...
IVP - Major Resistance May breakout N8Q
1) May further breakout after consolidation
2) Resistance is being tested after long time.
3) Doji's shows Confusion, but HH HL may still work here.
w sahpe + H-volume
buy above 180
trg 190 , 200, 210
sl in paid
IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME
Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
MID TERM TARGETS:
✅✅✅
Target 1 : 145
Target 2: 155
Target 3: 166
STOP LOSS: Trail stop loss along trend line
Time: 140 DAYS
LONG TERM TARGET:
✅✅✅
Target 1: 240
STOP LOSS: Trail stop loss along trend line
Time: 340 DAYS
IVP Limited is engaged in the business of manufacturing foundry chemicals, It was originally a part of the Tata group but later got acquired by the Allana group which is an integral part today.
Stock price reached new highs on hope a good quarter , which created a Darvas box formation , the trade can be considered for a short term with strict stop loss
