Discover and read the best of Twitter Threads about #IOLCP
Most recents (12)
Hi Nishant, I wrote a detailed thread on why I think it can fail. While any setup can fail, but obviously some are more failure prone and some are less.
We were taught to measure base in 2 ways - depth and duration. These are the key factors which differentiates a (1/n)
We were taught to measure base in 2 ways - depth and duration. These are the key factors which differentiates a (1/n)
flat base kind of setup from larger bases like CNH and W Bottom, VCP as pattern etc.
According to WON, a base can qualify for a flat base if it is 4 week long and upto 15% deep. But WON himself says that Flat Bases are weak bases - they work better when they emerge as a (2/n)
According to WON, a base can qualify for a flat base if it is 4 week long and upto 15% deep. But WON himself says that Flat Bases are weak bases - they work better when they emerge as a (2/n)
base on base kind of thing.
Why Flat Bases are weak - think upon it. The answer lies in the Wyckoff's Law of Cause and Effect. Larger the cause, bigger the effect it will produce.
When I started reading WON's book - something which attracted my attention was - the book (3/n)
Why Flat Bases are weak - think upon it. The answer lies in the Wyckoff's Law of Cause and Effect. Larger the cause, bigger the effect it will produce.
When I started reading WON's book - something which attracted my attention was - the book (3/n)
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.
#Volume #Climax is something that I have observed.
In this thread🧵, I am sharing a #trading strategy that I am using based on this.
Like❤️and Retweet🔄 for wider reach.
#Volume #Climax is something that I have observed.
In this thread🧵, I am sharing a #trading strategy that I am using based on this.
Like❤️and Retweet🔄 for wider reach.
What is this Volume Climax?
You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
Now one to observe in Metropolis chart is after that volume spurt candle, the uptrend had paused.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
#IOLCP - Short Term Swing Trading Opportunity !
CMP – 644.40 (9/8/2021)
(Must read Thread Thread for #TA learners)
@caniravkaria @Arpit1223 Fundamental Views Invited.
CMP – 644.40 (9/8/2021)
(Must read Thread Thread for #TA learners)
@caniravkaria @Arpit1223 Fundamental Views Invited.
1⃣
#IOLCP manufactures & sells bulk drugs & organic -inorganic chemical compounds in India & internationally.
Company offers APIs such as ibuprofen, metformin hydrochloride, lamotrigine, fenofibrate & clopidogrel bi sulphate.
It also provides specialty industrial chemicals.
#IOLCP manufactures & sells bulk drugs & organic -inorganic chemical compounds in India & internationally.
Company offers APIs such as ibuprofen, metformin hydrochloride, lamotrigine, fenofibrate & clopidogrel bi sulphate.
It also provides specialty industrial chemicals.
2⃣
After a massive run from March 2020 to December 2020, #IOLCP has gone into consolidation phase.
#TechnicalAnalysis #IOLCP #StockMarket #Trading #SwingTrading
After a massive run from March 2020 to December 2020, #IOLCP has gone into consolidation phase.
#TechnicalAnalysis #IOLCP #StockMarket #Trading #SwingTrading
Stocks for 25/08/20 Intraday
#AXISBANK
#BANDHANBNK
#JSWSTEEL
#CHOLAFIN
#BPCL
#TVSMOTOR
#AMBUJACEM
#SRTRANSFIN
#TATACONSUM
#VOLTAS
#IOLCP
#CUMMINSIND
Based on NR7, Volatility and Volume concepts
#AXISBANK
#BANDHANBNK
#JSWSTEEL
#CHOLAFIN
#BPCL
#TVSMOTOR
#AMBUJACEM
#SRTRANSFIN
#TATACONSUM
#VOLTAS
#IOLCP
#CUMMINSIND
Based on NR7, Volatility and Volume concepts
Results of the Day : 2/12 stocks gave tradeable moves
1/2 : #JSWSTEEL : PROFIT : +2.6R
Price wicked at previous session high multiple times and finally gave a bearish engulfing strong candle with Volume.
Exit was done after price went to support and gave bullish candles
1/2 : #JSWSTEEL : PROFIT : +2.6R
Price wicked at previous session high multiple times and finally gave a bearish engulfing strong candle with Volume.
Exit was done after price went to support and gave bullish candles
2/2 : #TVSMOTOR : PROFIT : +2.4R
Similar reasons to JSWSTEEL, price wicked at previous session high resistance and formed Long wick candle and a Bearish engulfing candle
Final Exit was at HTF Support where Price started forming Bullish candles
Kindly❤️ / Retweet if it's Useful
Similar reasons to JSWSTEEL, price wicked at previous session high resistance and formed Long wick candle and a Bearish engulfing candle
Final Exit was at HTF Support where Price started forming Bullish candles
Kindly❤️ / Retweet if it's Useful
Stocks for 18/08/20 Intraday
#SUNPHARMA
#CONCOR
#TATACONSUM
#TITAN
#TCS
#UPL
#GRANULES
#DIVISLAB
#IOLCP
#DRREDDY
Based on NR7, Volume and Volatility concepts
#SUNPHARMA
#CONCOR
#TATACONSUM
#TITAN
#TCS
#UPL
#GRANULES
#DIVISLAB
#IOLCP
#DRREDDY
Based on NR7, Volume and Volatility concepts
Results of the Day : Very Good Day for me.
4/10 Stocks gave tradeable moves.
1/4 : #TITAN
Price broke previous session's resistance with Volume and Good VWAP Structure. Got out of the trade since momentum was getting weak.
+3.7R profits booked
4/10 Stocks gave tradeable moves.
1/4 : #TITAN
Price broke previous session's resistance with Volume and Good VWAP Structure. Got out of the trade since momentum was getting weak.
+3.7R profits booked
Stocks for 06/08/20 Intraday
#BPCL
#HDFC
#CHOLAFIN
#CIPLA
#UJJIVAN
#APOLLOHOSP
#IOLCP
#MINDTREE
#BAJAJ_AUTO
#SIEMENS
#AMARAJABAT
Based on NR7, Volume and Volatility
#BPCL
#HDFC
#CHOLAFIN
#CIPLA
#UJJIVAN
#APOLLOHOSP
#IOLCP
#MINDTREE
#BAJAJ_AUTO
#SIEMENS
#AMARAJABAT
Based on NR7, Volume and Volatility
3/11 Stocks gave tradeable moves today. A/D was Bullish at 2:1 which defined the bias for the day.
1/3 : #BPCL
Bullish start defined by wicks and presence of Wide range Buy candles, which broke the previous resistance
+1.5R booked till the next level of resistance.
1/3 : #BPCL
Bullish start defined by wicks and presence of Wide range Buy candles, which broke the previous resistance
+1.5R booked till the next level of resistance.
2/3 : #CHOLAFIN
Start of day saw bearish moves but formed Double bottom at Support. Entry was taken when
- price formed wide range Bullish candle
- with Volume and
- closed above VWAP
+1R profits booked because of wicks at High Volume at resistance. Check Pinned Tip #1 !
Start of day saw bearish moves but formed Double bottom at Support. Entry was taken when
- price formed wide range Bullish candle
- with Volume and
- closed above VWAP
+1R profits booked because of wicks at High Volume at resistance. Check Pinned Tip #1 !
Constructive move today. Pattern in the unfolding. Don't go after the outcome, love the process followed to get the results.
Burnol?
Really complex APIs, formulations, branded segments, home diagnostics and whatnot. If growth in API happens, should cross all-time high. The stock corrected 30% even after the best Nos. Debt-free. repaid the debt of 100 Cr in last 5 yrs
expresspharma.in/latest-updates…
Really complex APIs, formulations, branded segments, home diagnostics and whatnot. If growth in API happens, should cross all-time high. The stock corrected 30% even after the best Nos. Debt-free. repaid the debt of 100 Cr in last 5 yrs
expresspharma.in/latest-updates…
Invested by looking at the complexity of API they make, believe me, I am a chemist.
Few silent features: 80% US market share in Loratidine API that's amazing. Other APIs doing well are Montelukast, Atorvastatin, Rosuvastatin, all complex.
Few silent features: 80% US market share in Loratidine API that's amazing. Other APIs doing well are Montelukast, Atorvastatin, Rosuvastatin, all complex.
3 Diabetic APIs under development. API Sales Revenue during the year 2020-21 grew by 14.74 percent at Rs. 473.95 crores with an impressive growth of 28 percent in Domestic and 10 percent in Exports.
#IOLCP List of products
APIs in market: Ibuprofen, Metformin, Clopidogrel, Fenofibrate, Lamotrigine & Ursodeoxycholic
Acid
APIs in the pipeline: Pantoprazole, Gabapentin, Losartan, Domperidone, Fexofenadine, Pregabalin, Quetiapine
APIs in market: Ibuprofen, Metformin, Clopidogrel, Fenofibrate, Lamotrigine & Ursodeoxycholic
Acid
APIs in the pipeline: Pantoprazole, Gabapentin, Losartan, Domperidone, Fexofenadine, Pregabalin, Quetiapine
Chemicals & Solvents: Ethyl acetate, Isobutyl benzene, Monochloroacetic acid, Acetyl chloride
Chemicals in the pipeline: Sorbitol and Acetonitrile
Ethyl acetate being green solvent, 2019 global sale valued at $3.3 billion, massive opportunity for scale, Capex ongoing
Chemicals in the pipeline: Sorbitol and Acetonitrile
Ethyl acetate being green solvent, 2019 global sale valued at $3.3 billion, massive opportunity for scale, Capex ongoing
One can easily guess that #IOLCP is trying to establish a whole supply chain (backward & forward integration) of products by looking at their current product portfolio
This can lead to Value addition and margin expansion
One chemical commodity is transformed into another
This can lead to Value addition and margin expansion
One chemical commodity is transformed into another
API molecules are made by connecting fragments/intermediates. This joining process-synthesis takes place in the presence of ´solvent´. When India is taking a giant leap in manufacturing APIs, it needs thousands of liters of solvent
Listing some commonly used solvents here
Listing some commonly used solvents here
Ethanol, Methanol
Toluene, Xylene
Acetone
THF, DMF, DMSO
Dioxane
Acetonitrile
DCM
Ethyl acetate
Diethyl Ether
Cyclohexane
Acetic acid
Find out companies who make them or which solvents are being imported
India needs ´Atmanirbhar´ supply chain for becoming competitive
Toluene, Xylene
Acetone
THF, DMF, DMSO
Dioxane
Acetonitrile
DCM
Ethyl acetate
Diethyl Ether
Cyclohexane
Acetic acid
Find out companies who make them or which solvents are being imported
India needs ´Atmanirbhar´ supply chain for becoming competitive
Surprised to know that India is import dependant on Acetic acid. About 75% is made from methanol. The biological route accounts for only about 10% of world production, for the production of vinegar as many food purity laws require vinegar used in foods to be of biological origin
New Position: #IOLCP
Long @ 395 & @ 410
#Shakeout
2 Long Positions back to back
Total Risk 1.2% on portfolio
Long @ 395 & @ 410
#Shakeout
2 Long Positions back to back
Total Risk 1.2% on portfolio
Booked another 1/3 in #IOLCP
Generated 5R from this quantity.
Up 25% from entry price in 7 days. Approaching untested BRN @ 500. Holding remaining 1/3rd in the stock.
Generated 5R from this quantity.
Up 25% from entry price in 7 days. Approaching untested BRN @ 500. Holding remaining 1/3rd in the stock.
IOL Chemical CMP 255
✍️ Ibuprofen price increased from $15 to $18. Management expects it to touch $20
✍️ Recently, Dept. of pharmaceuticals has clarified that no ban has been proposed on export of APIs & formulations in the wake of coronavirus outbreak
✍️ Ibuprofen price increased from $15 to $18. Management expects it to touch $20
✍️ Recently, Dept. of pharmaceuticals has clarified that no ban has been proposed on export of APIs & formulations in the wake of coronavirus outbreak
✍️ IOLCP is having 30% World Mkt Share of Ibuprofen
✍️ 1 Ibuprofen manufacturer which has 15% world Mkt Share is in Hubei province & it is in complete shutdown due to coronavirus outbreak
✍️ Ibuprofen demand increased due to Supply Constraint
✍️ Co. is having 6 months Inventory
✍️ 1 Ibuprofen manufacturer which has 15% world Mkt Share is in Hubei province & it is in complete shutdown due to coronavirus outbreak
✍️ Ibuprofen demand increased due to Supply Constraint
✍️ Co. is having 6 months Inventory
✍️ IOLCP is a leader in India for #Ibuprofen.
✍️ Two cos in India which manufacture Ibuprofen (#IOLCP & #Solara)
✍️ Co is not increasing Ibuprofen prices in Indian Mkt
✍️ Co has already started getting Ibuprofen orders at $18
✍️ Currently Ibuprofen capacity utilization is 80%
✍️ Two cos in India which manufacture Ibuprofen (#IOLCP & #Solara)
✍️ Co is not increasing Ibuprofen prices in Indian Mkt
✍️ Co has already started getting Ibuprofen orders at $18
✍️ Currently Ibuprofen capacity utilization is 80%
