rvmohankumar

INDIA GLYCOL Short opportunity

Short
NSE:INDIAGLYCO   INDIA GLYCOL
Trading possibilities for Coming week.

This stock has shown weakness consistently over the last few weeks and today also it has closed low hitting lower circuit. It still has bearish Momentum left and can go further down. You can trade this for intraday and also for few days in the coming week.

Look for selling at the levels marked in red and / or whenever you see a Bearish candle pattern forming. The targets and stop loss are subsequent levels down and up.
Other important levels are as marked in the setup.
You can download this Indicator from trading view to get the accurate levels in the premarket itself and see how the stock trades respecting those levels.

Happy and safe Trading
Comment: More thank 14% Fall in 2 days