IOLCP Trendline support Buy @392 Stop loss 360 Target 800 this is not buy sell recommendation. only for education purpose
channel: trading inside channel. Probability for bullish is high midcap stocks are going to boom. long term investment; min 70% return on 8th August earnings calender is there. wait and go for entry huge potential is there. investment ; trendline is not broken yet, if you are intrested in investmet, go for it with small risk, more possibility is there to breakout.
IOLCP with current market price of 338.00 looks trading at long term support levels on monthly chart. Current bullish candle need to sustain for expectation of reversal. A trend line support levels can now be consider as stop loss point. Upside is open on reversal
Prices have bounced from its Key Up-sloping Long term trendline along with the monthly RSI bouncing from its Oversold zone. Stock looks like an excellent opportunity for a long term investment!
Chart pattern just explains the situation Reasons 1. Dow theory respected. 2. Breakout with volume . 3. At 4 year old Support Trendline(from 2018). Target & SL levels mentioned @ chart !!! Let's wait & watch how it moves!!!! Note - Just Sharing my view....not a tip nor advice!!!
Stock trading Above 20 EMA RSI above 70 S2 is major Support Pull back expected till S1
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
IOLCP Breakout of Pattern As you can see clearly from the chart that Indian Oil Chemicals and Pharma has given clear cut breakout from the pattern, giving a long opportunity to go with whooping volume as well.
After rolling down more than 65% from the high Now looks good after consolidation Current price- 403 STOP Loss - Below 315 (Support area mentioned) Possible targets- 420-535-630 VOLUME BURST Book profits according to your own hunger.. " Feed according to your hunger"
One of those successful retail stocks from 2020 which made a lot of noise and money for many people..but for those that entered late it was among the mosst hated ones. The stock could've potentially bottomed out. Also like Mark Minervini's 50/80 rule..this stock did significantly correct. Long above 380 and double up above the 200EMA (395)..If like me you like...
Now keep eye on 405 on daily close basics if give close with increasing good volumes then can see big ip love 500+ Only for education parpose
midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; trendline is not broken yet, if you are intrested in investmet, go for it with small risk, more possibility is there to breakout.
Chart patterns on the past has shown good support as can be seen, one can go long upon ceossing near resistance level for 360 and 400.
As can be seen in chart, stock has shown good recovery in the past from the support level twice. Now also there is good sign to gain the momentum to reach 360 and then 400. One can keep watch on stock after crossing the near resistance level.
Long Candidate With Strong Weekly Candle with Volume. Since price bounced already better to buy upon retracement at 385. or after strong closing above 514. Short to Long term traders accumulate more at 294 /289. More view in the charts.
Green candle coming right at the end of AB=CD pattern and also at the channel bottom.....