IVP Looking Bullish For Short TermEducation Purpose Only
Strong Breakout with Good Volume...
Technically Strong..
Fundamentally Strong... Good Revenue , Net Profit Increasing Consistently , Book Value is Good...
Holding for Short Term Only...
IVP trade ideas
IVP ( Cup & Handle 8 year b/o at weekly chart)1. Cup & Handle 8 year b/o
2. fibo 50% support
3.break out and retest from 230
IVP - Major Resistance May breakout N8QIVP - Major Resistance May breakout N8Q
1) May further breakout after consolidation
2) Resistance is being tested after long time.
3) Doji's shows Confusion, but HH HL may still work here.
IVP Ltd: Restesting of Inverse H&S on WTFIVP Ltd is offering good risk reward setup. Seems stock is retesting its inverse head & shoulder breakout zone. Keep on radar.
IVP w sahpe + H-volume
buy above 180
trg 190 , 200, 210
sl in paid
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Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
IVP LTD. trading above resistance⚡⚡MID TERM TARGETS:
✅✅✅
Target 1 : 145
Target 2: 155
Target 3: 166
STOP LOSS: Trail stop loss along trend line
Time: 140 DAYS
LONG TERM TARGET:
✅✅✅
Target 1: 240
STOP LOSS: Trail stop loss along trend line
Time: 340 DAYS
A New 52 week high , An opportunity to enterIVP Limited is engaged in the business of manufacturing foundry chemicals, It was originally a part of the Tata group but later got acquired by the Allana group which is an integral part today.
Stock price reached new highs on hope a good quarter , which created a Darvas box formation , the trade can be considered for a short term with strict stop loss
#IVPTGC
CCI HTF >100
Watch for retracement
with a strength candle close
CCI-D >100 if a strength candle is received
