ParamjitMahapatro

apcotex ind looks bullish in medium term to long term,

Long
BSE:APCOTEXIND   APCOTEX INDUSTRIES LTD.
in weekly, cup and handle pattern formed , breakout happened with good volume, pattern tgt - 562, sl - 370.


in daily, price closed above upper bb(big green candle) with good volume, and bb is expanding - sign of bullishness,
Trade active:
in short term, it is moving in a channel, it can come down to touch the channel support.
Trade active:
bollinger band is trending upward, and price is trading above 20 ma, till now 477.9,
Trade active:
going good , till now 484.95
Trade active:
till now 494, price is trending up and sustaining above 20 ma,
Trade active:
ascending triangle formation going on here,
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