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ParamjitMahapatro
Sep 18, 2017 4:23 AM

apcotex ind looks bullish in medium term to long term,  Long

APCOTEX INDUSTRIES LTD.BSE

Description

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,

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in short term, it is moving in a channel, in.tradingview.com/x/Ew5zckkw/,
it can come down to touch the channel support.

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bollinger band is trending upward, and price is trading above 20 ma, till now 477.9,

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going good , till now 484.95

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till now 494, price is trending up and sustaining above 20 ma,

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ascending triangle formation going on here,
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