IOL CHEMICALS&PHAR NSE:​IOLCP

IOLChemical - Cmp -126, CnH -Target 169. SL -103 .Gud for investment.

Gap Support above the accumulation range Volume support EMA (all) aligned CCI(all) >100 SL 116 Target 157 coming soon

As an be seen the issue favorably poised, in a strong upward move. Look for buying on dips for a positional call.

Ongoing (3) of Elliot Wave 1.618 of Wave (1) Target 114 CCI(D) >100 CCI(W) crosses 100 TGC with Strength SL 87

Buy on dips up to 44 with SL bellow 44, target, T1 at 102 and T2 at 150, if it crosses its all time high it will fly Time frame depends on market condition, I think one year

it is 83 i will book profits around 85 . Around 15% profit.

IOL Chemicals has seen a change in Daily trend along with Weekly. RSI shows a positive divergence and is in the zone of strength. It's fundamentals too are showing strength. Suggest a Buy between the level of 76 and 73 for an short term upside target of 102.

IOLCP gave break out based on my weekly Aroon strategy with high volume and additionally channel Break out

T1 - 80 T2 - 90