INDOAMIN / INDO AMINES LTD - 7 months Consolidation Breakout.
1) Time Frame - Weekly.
2) 7 months of consolidation broken in Daily Time frame With Huge Volume.
3) Stock will find a resistance around the price 176.40 (Previous All Time High).
4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly...
The bottom Wedge pattern is a type of continuation pattern that typically occurs within a downtrend and indicates a potential reversal in market direction.he bottom triangle pattern is a type of continuation pattern that typically occurs within a downtrend and indicates a potential reversal in market direction.
It's important to note that while technical patterns...
Indo Amines Limited manufactures organic and inorganic chemical compounds. The Company provides fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceuticals ingredients.
Note:
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...
Price Levels: The current price of INDOAMIN is 131.9 INR, with a change of 12.55 INR or 10.5153%1.
The trading volume for the last session was 179,6601.
stock has showing good strength and you can see the stock has crossed the 200 day, 51 day, other crucial moving average with volume.
so it can become good opportunity for investment am expecting the good...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Cup & Handle
📌 Symbol/Asset: INDOAMIN
🔍 Description: Moment Stock with Strong Pattern
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
This analysis delves into the technical aspects of INDOAMIN's weekly chart, focusing on the prominent demand zone and the support exhibited by the RSI indicator. By examining these factors, we aim to provide insights into potential trading opportunities.
Technical Analysis:
Let's explore the key technical components of INDOAMIN's weekly chart that could impact...
TLBO on Indoamin Daily chart.. Good volumn, 200 ema support .. RR is not that good. Can buy half of the qty at 137 for target of 182 , half qty can be bought at retracement of 110-120 levels, SL is 109
Stock Name - Indo Amines Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 122
#This is not Buy and Sell recommendation to any one. This is for education purpose...
Indo Amines-Rounding bottom breakout with retest done. We can expect 20-30% from the current level. The stock is fundamentally strong with all the possibilities to become a multi-bagger.
