IOLCP for Swing/Positional IOLCP Prediction for Swing/ Posional Trading
First breakout at Entry 1 level. Trendline breakout at Entry 2 and this entry 2 was retested . There is a resistance 531-539 level. You can enter in trade at Entry 3 level above 540. It can again come to 485-500 level or 465-468 level and will give upmove. You can also enter into the trade in these levels also or you can entry at any of the above levels according to your experience.
SLs- according to your entry and RRR
Targets- 531,540,570,589,641,690,744,735,845,895,945,1000,1050,1100,..
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Can anyone tell me which chat patterns are shown up here?
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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Happy trading.
About IOLCP –
IOL Chemicals & Pharmaceuticals Ltd. engages in the manufacture of organic and inorganic chemical compounds. It operates through the following geographical segments: India and Rest of the World. The company was founded on September 28, 1986 and is headquartered in Ludhiana, India.
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