IOLCP – Multi-Year Breakout Setup Forming? | Inverse H&S in Foc
Analysis:
IOL Chem & Pharma is showing signs of life after years of consolidation. A potential inverse Head & Shoulders pattern is forming with a neckline around ₹90–91.
📍 Key Levels:
✅ ₹91 – Breakout level on daily close
⚡ ₹111 – Multi-year breakout confirmation
🛡️ SL: ₹75 (below recent structure)
Volume confirmation is critical for breakout sustainability. RSI is nearing bullish territory, supporting possible upside.
🎯 Breakout Target (on confirmation): ₹135–₹150 zone
📌 Watchlist stock – Needs confirmation. Stay alert for price action around ₹91–₹111.
IOL Chem & Pharma is showing signs of life after years of consolidation. A potential inverse Head & Shoulders pattern is forming with a neckline around ₹90–91.
📍 Key Levels:
✅ ₹91 – Breakout level on daily close
⚡ ₹111 – Multi-year breakout confirmation
🛡️ SL: ₹75 (below recent structure)
Volume confirmation is critical for breakout sustainability. RSI is nearing bullish territory, supporting possible upside.
🎯 Breakout Target (on confirmation): ₹135–₹150 zone
📌 Watchlist stock – Needs confirmation. Stay alert for price action around ₹91–₹111.
交易進行
111- lets wait for retest...and follow up交易結束：目標達成
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