IOLCP trade ideas
IOLCP has made an Ending Diagonal in the Daily chartIOLCP is already halfway through the target... Target placed at the start of the Ending diagonal...
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.
SOLID MOMENTUM IN IOL CHEMICALSPLEASE SEE CHART FOR DETAILS
BUY IF SUSTAIN ABOVE : 850
TARGET 1 : 960
TARGET 2 : 1020
STOP LOSS : 815
**These are my personal observations. Please trade at your own risk.**
PHARMA INGREDIENT COMP IOL Chemicals and Pharmaceuticals LimitedPHARMA INGREDIENT COMP IOL Chemicals and Pharmaceuticals Limited - RALLY
IOLCP breakout at 1Hr TFHave given a breakout at 1hr TF
Let its sustain for sometime
Bullish on the scrip with Stop loss of 725/728
IOLCP-Long, no trade for me as tomorrow is earnings announcementI have not taken trade as tomorrow is earnings announcement
Do you think IOCLP will go high!I am new to the market. would like to get some idea on the mentioned graph :)
IOLCP - A POSSIBLE UPMOVE AHEADIOLCP
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 fundamentals
Narration Quarterly YoY growth Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18
Sales 32.92% 26.36% 43.52% 48.75% 68.06% 94.18%
Operating profit 2.95% 15.57% 27.62% 23.41% 52.35% 158.08%
Net profit 319.72% 366.32% 771.29% 474.50% 383.56% 766.82%
npm 0.35% 0.65% 1.32% 0.65% -0.01% 5.10%
Narration Annual growth Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Sales 2.30% 17.03% -31.73% 50.87% 22.44% 38.37%
Operating Profit 29.33% 7.50% -88.25% 357.33% 98.91% 21.66%
Net profit -66.60% 107.55% -2119.70% -39.94% -111.67% 493.15%
Price to earning 39.27 18.20 (2.57) (11.77) 80.10 19.59
Price -3.72% -12.71% 72.64% 132.92% -20.59% 45.09%
npm -0.68% 0.26% -17.91% 10.43% 7.55% 2.16%
Price 23.88 20.84 35.98 83.81 66.55 96.56
IOL ChemicalsThe 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.
