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india glycol looks bullish in long term,
INDIA GLYCOLS LTD
Long
india glycol looks bullish in long term,
By ParamjitMahapatro
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Updated
Oct 12, 2017
8
Oct 8, 2017
In monthly, it has given a multi year breakout, one should buy at every dip here.
tgt1 - 380, tgt2 - 540
Oct 12, 2017
Trade active
going good, till now 334.70
Nov 3, 2017
Trade active
1st tgt achieved here.
Nov 17, 2017
Trade active
till now 393.25
Dec 8, 2017
Trade active
first tgt done here
Dec 8, 2017
Note
at cmp - 431.65, hidden bullish divergence formed in daily,
Dec 22, 2017
Trade active
after few weeks of consolidation, price closed above upper BB with good volume, and BB is starting to expand - sign of bullishness.
Jan 11, 2018
Trade closed: target reached
final tgt of 540 achieved here, cheers.
Jan 11, 2018
Note
now, look out for horizontal resistance breakout.
breakout
Bullish Patterns
Trend Analysis
uptrend
ParamjitMahapatro
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