India Glycol has formed a cup and handle pattern near major support levels and could breakout anytime from CMP: 606.35.
There is also 50 simple moving average which should act as a support
Risky traders can accumulate at this levels or wait for a breakout signal on the handle
Target 1: 656
Target 2: 680
Stop Loss: 568
There is also 50 simple moving average which should act as a support
Risky traders can accumulate at this levels or wait for a breakout signal on the handle
Target 1: 656
Target 2: 680
Stop Loss: 568
Comment:
Target 1 - Reached
Comment:
Target 2 Hit