Have given a breakout at 1hr TF Let its sustain for sometime Bullish on the scrip with Stop loss of 725/728
IOLCP Exactly bounced back from 1.618 level
I have not taken trade as tomorrow is earnings announcement
I am new to the market. would like to get some idea on the mentioned graph :)
Accumulate on every dip for 200 plus target soon
Keep stops at 200 . potential of cup and handle tgt of 275
IOLCP CMP 173 Long suggested above 180. Stop once long activated 160. Target Open. Stock has been witnessing strong buying at every correction with good volumes Stock has formed a sort of reverse H & S pattern. Stock has been hovering above the monthly pivot zone. A breakout above 180 will confirm momentum for further upside. Strong...
The stock seems to be creating some movements and showing an intention to move out of a good consolidation zone. A few sustained close above 91 and the stock can see further strength being added going ahead.