It has taken v.stong support at 396 and move ahead. Increasing delivery volume indicating a reversal of price from the bottom. RSI has turned from oversold range and MACD crossover will confirm the same. Expect a retracement target of 475, 500, 525 in the near term.
Hello sir. I think all the retracements are done and there was a resistance at 560lvls. Today it has broke that level too and closed above 560. So can we now expect a good upward from here? What would your stop loss be at this time and target?
I'm eager for this stock as I've been holding this since march @565. Was bullish on this as Glycols had merged with Clarient for it's ethonal plant.