543 target NSE:IOLCP .. IOLCP huge volume,breakout expected..
Read chart well !!! Company is almost debt free. Company has delivered good profit growth of 67.35% CAGR over last 5 years. Company has a good return on equity (ROE) track record: 3 Years ROE 51.94%. IOL Chemicals & Pharmaceuticals Ltd. engages in the manufacture of organic and inorganic chemical compounds. It operates through the following geographical...
IOLCP had a massive run up and has been been on bearish trend after making all time high. This is a no touch stock right now, as the short term and mid term trend are bearish. It's making higher high and lower lows, one can start investing after the trend starts reversing to bullish. Volume has also died down, basically no interest from institutional investors....
IOL Chemicals seen strong holding the major support trend line.one can go long near to the support with stops below support zone. this analysis is for educational purpose only. we are not SEBI registered, kindly contact your financial advisor before taking trade.
IOLCP - Uptrend Above 50 Moving Average RSI - @ 59.33 which is good MACD - uptrend 1st Target - 620 Next target 630 Incase there is a fall There is good support at 596 Like & Follow :)
Stocks now break the trendline Bullish trend start according to me Target mentioned in chart
(Daily) - Change of Polarity ↕ - Symmetric triangle pattern breakout - closed above 200 MA
IOLCP, one of the favourites in Chemical sector, is awaiting volume confirmation,once it starts upward journey can give handsome return
BUY @ 610-606 SL 599 TARGET 640 680. GOOD RISK REWARD.POSITIONAL PLAY.
Current : EPS - 78.8 2020 Profit - Rs.361 Crore Current MP - Rs. 686 Forecast: EPS - 80+ 2021 Profit - Rs.425+ Crore Intrinsic value share - Rs.1200+
First Day of breakout, wait for confirmation for 1 more trading day, if sustains the support and trendline above 686 then can enter for immediate target of 730-738. Next Target – 779 Next Target – 800 RSI is comfortable Volumes are good Good Fundamentals Medium term holding can be good for this quarter atleast
#IOLCP/INR ( India Stock ) ₹IOLCP currently broke out resistance. And I am expecting minimum 50% from here. If I follow chart then Target will be 100% from here. But 50% is safe side. Entry:- below ₹680 is good entry. Targets:- ₹788/₹895/₹1078/₹1310 Stop Loss:- ₹599 Please click like button and Appreciate my hard work. Must follow me for latest crypto...
IOL chemicals very strong fundamental script. They are delivering consistent growth. Company has delivered good profit growth of 49.30% CAGR over last 5 years Buy at CMP with the stop loss of 605 for the target of 800
falling wedge breakout with volume. macd & rsi also positive.