IOLCP now 414 looks good inverted head & shoulder break hi Investor's,
Can consider this script for investment now at 414.
short term target 480 and long term target 52 week's high.
Keep stop loss as per your risk appetite.
Nice head and shoulder pattern break out on chart.
volume supported price action can be considered.
Trading in range and investment target are also in range.
Stoploss as mentioned on chart as green line from there 10 points below for safer side.
IOLCP trade ideas
IOLCP CMP 465.Stock give a sharp rally in 2020 then consolidating contiteusly from three years.Now its going to bottom out after making a best Base area. Now we can see a strong resistance at 510-520 if it breakout this then we can see a strong upmove 9 ema is higher than 20 ema on weekly timeframe with a confirmation of upper bollinger band breakout. Best risk and reward setup.Add to your wachlist.
IOLCP Showing Change in Structure can go towards 52 Week HighNSE:IOLCP
......................................................................................................................
......................................................................................................................
The Company’s turnover
increased to ₹ 2,133 crore in
FY24 from ₹ 983 crore in FY18
at a CAGR of 13.77%
......................................................................................................................
......................................................................................................................
The share of regulated
market sale has increased
to ₹ 300 crore in FY24 from
₹100 crore in FY18
......................................................................................................................
......................................................................................................................
Increased contribution
of non-Ibuprofen drugs
from ₹35 crore in FY18
to ₹431 crore in FY24,
showing a steady upward
trend over the years
......................................................................................................................
......................................................................................................................
Added more than 10
products since 2017 in
APIs and chemical segments.
The Company has
recently commenced a new
plant of Acetic Anhydride
......................................................................................................................
......................................................................................................................
• The Indian API market is expected to grow at a
CAGR of 13.7% over the four years.
• India hosts 500 API manufacturers, contributing
approximately 8% to the global API Industry.
• As the largest supplier of generic medicines,
India manufactures around 60,000 different
generic brands across 60 therapeutic categories.
• In FY24 India saw a 4.12% increase in the total
imports of bulk drugs and intermediates,
amounting to ₹ 37,721.88 crore, compared to ₹
36,229.15 crore in FY23.
• Indian medicines are preferred worldwide due to
their combination of low price and high quality,
earning India the title of "pharmacy of the
world."
......................................................................................................................
......................................................................................................................
Positive factors
• Strongly improving operating performance, resulting in growth of more than 15% in total operating income and sustained
EBIDTA margin of more than 20%, on a sustained.
• Diversifying product portfolio and reducing dependency on its main product Ibuprofen and ethyl acetate to below 65% in the
overall revenue.
• Improving total debt to gross cash accruals (TD/GCA) and TD to profit before interest, lease rentals, depreciation, and taxation
(TD/PBILDT) to below unity.
......................................................................................................................
......................................................................................................................
Established market position and diversified product offering
The company was incorporated, 1986 with the commencement of business in chemical segment.
In 2000, the company started
production of Ibuprofen.
IOLCPL is one of the largest manufacturers of Ibuprofen with significant global share and the company
is backward integrated for manufacturing Ibuprofen.
IOLCPL has a market presence across more than 50 countries with sales
contribution from exports forming around 28% of total sales in FY24 (PY: 29%).
The company’s overseas customers are spread
across Switzerland, Bangladesh, Spain, Indonesia, Hungary, United Kingdom, Nepal, China, Turkey and Japan, among others.
The company is one of the largest manufacturers of Ibuprofen (capacity of 12000 MTPA) and has the second largest manufacturing
capacity (12000MTPA) for Iso Butyl Benzene (key raw material for Ibuprofen)
BUY IOLCP PRICE @ 441 114% ROI EXPECTEDBUY IOLCP PRICE @ 441 114% ROI EXPECTED
Buy1 cmp entry @441
Target 1 @871
ROI 1 @114
Buy2 Pending entry @311
Target 2 @871
ROI 2 @179
Our Unique Features
—————————————————————
1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward up to 25.
Note Please leave comments for any query.
Disclaimer This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
PRABHUMAYAKANNAN
HH-HL FORMATION IN IOL. Target-Mid-TermEntry: Add half qty at CMP & rest buy on retest around 541-542 level.
Targets and Stop Loss are mentioned on the chart.
View Invalid below 433 WCB.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
IOLCPBreakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements.
3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement.
4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction.
5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions.
6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target.
7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets.
8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors.
9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades.
10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management.
11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy.
12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements.
Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.
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.
Request: Please support by Like, follow, comment, share and boost.
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.
You can follow me in social media through links given below-
Iolcp hidden bullish divergence and classic bullish divergenceIolcp fundamentally strong company
Now stock is in one side looking hidden bullish divergence and in other sight stock looking classic bullish divdrgence .both are in one stock in one time is good sign to buying signal
I am not sebi registered
IOL Chemicals & Pharmaceuticals Ltd IOL Chemicals & Pharmaceuticals Ltd is a leading pharmaceutical (APIs) company and is a significant player in the specialty chemicals space. It serves the domestic and export market. It is the largest player of Ibuprofen (pain killer) globally with a worldwide market share of 35%.
Firstly, let's start with the concept of Elliott Wave Theory. This theory is a method of technical analysis that attempts to identify recurring patterns in the stock market, based on the idea that stock prices move in waves. There are five waves in an uptrend and three waves in a downtrend, and these waves are labeled 1, 2, 3, 4, and 5 for an uptrend, and A, B, and C for a downtrend. The wave 2 that is being referred to in this statement is part of a larger uptrend, and typically represents a pullback or correction in the stock price, following an initial upward movement in wave 1.
When a stock has completed its retracement of wave 2, it is believed to be ready for a new upward movement in wave 3. Wave 3 is typically the strongest and longest wave in an uptrend, and often sees the largest price gains for investors. It is important to note that while Elliott Wave Theory is a popular tool used by technical analysts, it is not foolproof and cannot predict the future movements of a stock with absolute certainty.
It appears that the chemical sector is expected to experience a bullish trend in the near future. This may be due to a variety of factors, such as positive earnings reports from key companies in the sector, or increased demand for chemical products due to economic growth or other industry-specific factors. However, it's important to note that predicting sector performance can be difficult, and investors should always conduct thorough research and analysis before making investment decisions.
This seems from the chart that the stock has completed its retracement of wave 2 and will go in wave 3 now...! This chart is dedicated for investor community. It seems now the sector of chemical will be on focus. Additionally, the chart suggests that the chemical sector is expected to perform well in the near future. However, as with all investment decisions, it's important for investors to conduct their own research and analysis before making any decisions.
Thank you for following me...!
Weekly Chart - IOL Chemicals PharmaThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy