IOLCP - Falling Channel BOIOLCP is looking interesting with falling price action and rising RSI levels on daily timeframe.
One can go long here with small SL of 605 DCB
- If you go on weekly charts this falling channel will form bullish flag pattern
- If broken with volumes expect the new ATH soon in this counter
Rest all the key levels are mentioned in the chart for swing trade.
IOLCP trade ideas
IOLCP Long targetsIOLCP is making higher highs and RSI also seems to be at a decent buy indication, i.e.,low.
Yesterday there was profit booking seen in IOLCP due to which price fell low to 842.
This is a stock to be bought on dips and the dip is here.
Upside targets in 3 to 4 months of 1000/1100+ may be seen according to my knowledge and hence I am adding more quantity on monday.