ParamjitMahapatro

india glycol looks bullish in long term,

Long
NSE:INDIAGLYCO   INDIA GLYCOL
In monthly, it has given a multi year breakout, one should buy at every dip here.

tgt1 - 380, tgt2 - 540
Trade active:
going good, till now 334.70
Trade active:
1st tgt achieved here.
Trade active:
till now 393.25
Trade active:
first tgt done here
Comment:
at cmp - 431.65, hidden bullish divergence formed in daily,
Trade active:
after few weeks of consolidation, price closed above upper BB with good volume, and BB is starting to expand - sign of bullishness.
Trade closed: target reached:
final tgt of 540 achieved here, cheers.
Comment:
now, look out for horizontal resistance breakout.
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