LKP Spade, Weekly Pick - Buy Indo Count Industries Ltd For Target Rs. 307

27/09/2021 11:04:53 AM | Source: LKP Securities Ltd

LKP Spade, Weekly Pick - Buy Indo Count Industries Ltd For Target Rs. 307 - LKP Securities

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* Stock has given breakout from its Cup and handle pattern which is consider to be a bullish continuation pattern by nature.

* Prices also trading above ichimoku clouds which shows immediate trend is up.

* Momentum indicator MACD is ranging above base line which consider to be positive territory.

Indo Count Industries Ltd (BUY @ BUY Rs. 285-287 @ Stop Loss Below Rs. 270 CB Target Rs. 307 Duration 1 Week

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LKP Spade, Weekly Pick - Buy Indo Count Industries Ltd For Target Rs. 307 - LKP Securities

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