◾BULISH FLAG PATTERN ON WEEKLY CHARTS OF IOL CHEMICAL AND PHARMA
◾Reversal possible
◾Support @ 512
◾If breaks 512 levels on weekly basis then exit
◾Buy at cmp as well as accumulate in dips until it hold 512 levels
◾On fundamental side company has good ROCE and ROE numbers with reduction in borrowings
◾Allocate not more than 5% Capital as it is small cap And can be highly volatile
◾Reversal possible
◾Support @ 512
◾If breaks 512 levels on weekly basis then exit
◾Buy at cmp as well as accumulate in dips until it hold 512 levels
◾On fundamental side company has good ROCE and ROE numbers with reduction in borrowings
◾Allocate not more than 5% Capital as it is small cap And can be highly volatile
註釋
Today is its quaterly result...so if not comfortable take position after its quaterly results取消訂單
Quaterly results are not looking promising ...so plz avoid this trade
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