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Bouncing Off 200 days Moving Average through a VCP

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IOL CHEMICALS&PHAR (NSE:IOLCP)  
rbasker  
NSE:IOLCP   IOL CHEMICALS&PHAR
Chart Patterns VCP iolchemicals
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chartpattern vcp iolchemicals
IOL CP had fallen below 200 days moving average where it found a demand zone. The stock is now bouncing above 200 days Moving Average by way of a VCP. If the up coming results is good, the stock can give a good short term rally.
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