Good Structure observed in Indramedco For movement play buy above 96 SL below 65 Target 112-121 good support near 75-72 volumes picking up in uptrend and dry up in consolidation
Fundamentals:-- Market Cap-- ₹ 809 Cr. ROCE-- 20.5 % ROE-- 17.4 % Company is almost debt free Mcap FF (Cr.)--- 395.97
Please maintain SL closing basis as this is small cap stock Risk 1-3% of your capital(so plan position sizing base on this) My trading view ideas past accuracy around 73%(Please maintain your SL)
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Closing not given above 96 (my position at 96.9) Need to close above 96
@RoopaNaveen, that i don't know but still no weakness seen in this stock
put your sl near 80(closing basis, SL is only thing we can control in market also posted strong result so we may see good rise in short term )
mvrs9987
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Hi Sir, could you please check the current situation, still hold.