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what a rounding pattern with good volume reakout, sl 400, target 1000
Continuation Breakout. Basic price action analysis.
BUY INDOCO ABOVE 475 STOPLOSS : 426 TARGET 520
in the collpase of pharma stocks recently INDOCO held its ground and closed at all time high taking a 280 box points roughly, a possible 450 + 280 = 730 as probable target is possible
indoco chart analysis for intraday and swing trading
it has retest its breakout level also whenever it came down and touch 50EMA price has gone up. we may see 525/550 in coming weeks. view negated below 430 clbs
indoco chart analysis for intraday and swing trading
Going long as it has broker 6 years high with good volume. Very tight SL of 400 CB
indoco chart analysis for intraday and swing trading
1) Stock took support from the demand zone. 2)Volume doesn't look promising. 3) Enter with a SL below 318.
Restesting of the earlier breakout level 335 done nicely and reversed. Buy at CMP (349-352) with SL at 335. Target 380/410++ Risk to Reward 1:2
cmp 336 buy till 326 keeping sl as 313 on weekly closing basis for targets 342/348/356 364/370/377++++
Indoco Remedies chart analysis for intrday and swing trading