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ICE MAKE REFRIGERAT LTD
ICEMAKE
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I am not a SEBI registered advisor. Profit/Loss is all yours !! All info posted here are only for educational purpose! Consult your Financial advisor before taking any trade based on my views /posts !
#ICEMAKE NSE: ICEMAKE CMP 81.40 Target 1: 88 Target 2: 96 SL 74 RR Ratio > 2 Time Frame < 45D Factors: Inverted Head and Shoulder Pattern Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
>> Ice Maker making higher high and higher low. >> Hammer candlestick chart formed at second higher low. Hammer's low act as a support. >> Hammer formed at important level like 38.2% Fibonacci Retracement and other confluence is that price is above 20 EMA Buy Above 77.00 Stop Loss 72.90 Target 83.80