IOLCP - Downtrend - Short term target 382 , may be 302 as well

IOLCP had a massive run up and has been been on bearish trend after making all time high. This is a no touch stock right now, as the short term and mid term trend are bearish. It's making higher high and lower lows, one can start investing after the trend starts reversing to bullish. Volume has also died down, basically no interest from institutional investors. Don't try catching a falling knife. You can keep shorting the stocks until trend changes. I see target 382 coming and may be 302 as well.

Trade closed: target reached:

Target 382 achieved on 15 Feb

Comment:

302 on the cards soon.