As noted in the latest video update for the week ended 22-Dec, detected in the latest scan for the week (detailed commentary and full scan results available in the signature below), IPL represents a potential bearish opportunity should momentum continue and newer lows be made past the current position. Stop loss for the trade would be: (i) above the swing high...
UPL CMP 632 TGT 740 +++ SL 600 TIMEFRAME <6M RR > 3 Return >15% +++ Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
#IPL NSE:IPL CMP: 263 TP: 300 SL: 245 TF: <6m RR > ~2.4 times Return > ~15% NSE:IPL UPL FACT PIIND BESTAGRO BHARATRAS DEEPAKFERT SHARDACROP SUMICHEM KILPEST Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher...
Educational Purpose Only. It's only My View on IPL chart analysis.
IPL has been in a nice uptrend making higher highs and higher lows. It has pulled back at the lower end of the parallel channel and showing signs of supportive price action. We may see a bounce off this support level of $2.20 - $2.35 zone for added confirmation that bulls may be taking over and take it higher. MACD is also about to cross which may be a sign that...
Those familiar with IPL will already know they produce explosives, fertiliser & industrial chemicals for Mining & the Ag Industries. You would also likely be aware that the price has been channelling sideways since March 2020. Finally, the price appears to be making a break to the upside, so I like how IPL looks right here; for those who a little more cautious you...
My position on Inter Pipeline is still neutral on the short term. I personally closed with profit before the trading halt. I'm expecting a fair amount of volatility this week due to the takeover offer. Fib based extension Resistance / Support lines are listed on this chart. I don't see heading past $29 or below $23 on the bounce personally until more definitive...
Imperial we might be looking for a short on this one on the coming weeks
Here's my buy set-up $IPL Incitec Pivot Ltd based on a consistent bullish trend, price testing support, higher high candle although somewhat red at the moment. Price is oversold and the chart looks ok overall for a reasonable probability it heads north. As always, this could go against my call, hence stop loss in place to minimize loss. Admittedly there is a bit...
Pretty self explanatory but here goes... Neckline of a massive head and shoulders pattern has been broken. A re-test of the neckline (187.00-190.00) will be the place to enter a short for a very large move down. I repeat...very large... Target1: R150.00 (conservative) Target2: R140.00 (aggressive) Target3: R100.00 (Ultra-aggressive)