nikhilgodhani

Breakout in INDIAGLYCO(LONG)

Long
NSE:INDIAGLYCO   INDIA GLYCOL
Very good structure
Good volume in uptrend and volumes drying up during downtrend/ consolidation
Buy at CMP or wait for candle close
Support near 635-600
weak below 600

Market Cap-- ₹ 2,361 Cr
Stock P/E-- 12.5
ROCE-- 11.5 %
ROE-- 13.9 %
Free float only-- 37%
Trade active: high of 1011 now again at BO level(retest)