A largest player of Ibuprofen (pain killer) globally with a world market share of 35%
Positive: MCAP>2000 Cr., CMP close to 52 week low, RoE/RoCE>=10, PEG<1, No/Low debt, PE<15, Promoter holding ++
Negative: Poor sales growth/OPM%/Net Profit/EPS, FII/DII --
Seed/support at (bottom) entry, feed time to travel, harvest on resistance.
Swing Pick (1-3 Month apx)
IOL CHEMICAL & PHARMACEUTICAL (IOLCP) – {CMP-453}
Technically Very Strong
(Refer Chart)📈
Target 🎯: 25% Upside expected
SL : 410 (12% Apx)
Disclaimer🙏🙏 : This is not a Buy/Sell advice. We share what we do. Only for educational purpose. Consult your financial advisor before investing.
IOL Chemicals & Pharmaceuticals Ltd is poised for an upside move.
🔹Current market price standing at 472
🔹Breakout range is between 503-515
🔹Additionally, the promoters have increased their holdings in the last two quarters
🔹The balance sheet shows favorable signs
🔹Chart demonstrates the strong technicals
Before making any investment decisions, it is advisable...
NSE:IOLCP viewpoint
the stock had given good breakout on weekly time frame around 390 in april and made high of 469
then gave a pullback till 363
now looks set for upward journey
cmp is 394
potential to give big 50% gains in coming months
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
IOLCP is currently trading at 468.
stock is trading above its 50 & 200 EMA on weekly timeframe.
It has given triangle pattern breakout with good volume.
a good upside movement is expected.
important levels are 436-433
Resistance 538 and 695
targets 580 - 740.
stoploss 358.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
A Bullish Continuation Wedge is a pattern that emerges when there's a brief pause in an ongoing upward market movement. It's characterized by the formation of two trendlines that gradually converge in a downward direction against the prevailing uptrend.
Throughout this consolidation phase, there's a struggle between the bearish and bullish forces. The bears aim...
IOLCP
Buy : 416.5
Target : 458
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
IOL Chemicals and Pharmaceuticals Ltd (IOLCP)
LTP : 381.5
Support : 315-365
Targets: 453/530/652/783
Disclaimer:This is my personal view. Prior to making any investment or trade decisions, please consult your financial advisor.
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