Topic: ICSA India Limited looks good on charts
| Forum Home > Analysis, Strategy & Tips > ICSA India Limited looks good on charts | ||
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khokho Member Posts: 4 |
ICSA India Limited looks good on the charts. It is threatening to move over its long term (200 days) MA. Chaikin AD oscillator and Accumulation Distribution lines are having positive divergence for more than 5 weeks now showing bullishness. Chaikin AD oscillator is very near zero and is moving up. MACD too is having positive divergence.
If it opens with a gap today and the gap is not breached the stock may rise. However a strict stoploss needs to be maintained as it is a high beta stock. | |
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khokho Member Posts: 4 |
It rose more than 8 percent today. There is still lots of upside left. | |
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