BUY IONEXCHANG PRICE @ 531 28% ROI EXPECTED
Buy1 cmp entry @531
Target 1 @686
ROI 1 @28
Buy2 Pending entry @428
Target 2 @686
ROI 2 @60
Our Unique Features
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1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward...
Ion Exchange (India) Ltd has given a breakout on daily timeframe with strong volume buildup
Company has delivered good profit growth of 37.4% CAGR over last 5 years.
Company has a good return on equity (ROE) track record: 3 Years ROE 28.5%.
Debt to Equity - 0.07
Higher high higher low from begining
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc
STOP LOSS AND TARGETS IN CHART
FUNDAMENTALS
Market Cap
₹ 8,469 Cr.
Current Price
₹ 577
High / Low
₹ 610 / 194
Stock P/E
42.2
Book Value
₹ 56.8
Dividend Yield
0.23 %
ROCE
33.8 %
ROE
26.2 %
Face Value
₹ 1.00
Promoter holding
26.9 %
EPS last year
₹ 13.4
EPS latest quarter
₹ 2.27
Debt
₹ 59.2 Cr.
Pledged percentage
0.00 %
Net CF
₹ 6.28...
Stop losss 534
Entry CMP or choice
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Stock made a double bottom at 1625 and now giving a breakout from pole and flag pattern on weekly basis.
One can initiate longs here and add aggressively after closing above 2100 on weekly basis.
Stock has potential to touch 2600 and 3000 levels. I have 12-18 months timeframe in my mind.
Stock trend is intact until a weekly close below 1500, which is 50%...
