boughtbought india glycol at 617 stop loss 578 or if 5 SMA starts trending down.
Disc : It's not an investment advise to buy or sell
Indiaglycol
Triangle pattern Breakout in INDIAGLYCOSymmetrical triangle Breakout in India Glycol
Previously on 9th Sep stock had given breakout from its symmetrical triangle patter and now, price is coming for the retest.
If you observe todays candle, it is forming a hammer, indicating upside move in coming days.
For further Strong upside momentum price has to close above 980. All possible targets are marked on the chart. Maintain strict stop loss at 835.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:INDIAGLYCO
Humongous Breakout in India Glycol !!!!India Glycol has given breakout of double bottom pattern, this
week with a life high, this breakout have unlocked huge targets for
itself.
MACD has also shown a positive crossover.
RSI is supporting the up move which further provides confidence.
India Glycol: Long TermHas been a previous favorite and has consolidated enough. Up move is on the cards.
Target 1117
SL 910
India Glycol Came to Support ZoneIndia Glycol Inverted Head & Shoulder Formed below, After Achieving H&S Target it falls to Important Support Zone
Target 20 % Upside
INDIA GLYCOLS DAILY CHART ANALYSIS AS ON 04.01.2022INDIA GLYCOLS as per daily chart analysis stock once breaks resistance 1016 then above 1017 and target 1027. As per my view tomorrow might be a bearish day after a initial rise or gap up.
Breakout in INDIAGLYCO(LONG)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%
FY21-22 Swing Trade Idea #189: Long on INDIAGLYCOThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Accumulation zone BreakoutIndia glycol came out of accumulation zone today with strong momentum & with volume , stock retested its corona top and now ready for big move, volume candles telling the truth
India Glycol/ Green FlagIndia Glycol has been outperforming nifty and looks strong in the coming weeks also.
The stock went into forming VCP and now taking some breath and forming a Flag pattern on the daily time frame. If breaks 740 levels it is good to go for another 40% ride.
SL 661
Target 996
INDIAGLYCO: 108 DAYS OF VCP PATTERN BREAKOUT
NSE:INDIAGLYCO
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Breakout Stock IndiaGlycol !! 13 April 2021 !!* This stock now ready for fly, after breakout now pullback completed and now bounce from its important support level . Thats why i am bullish in this stock .
Kindly Let us know if you have any question .
INDIA GLYCOL Short opportunityTrading possibilities for Coming days.
This stock has shown weakness consistently over the last few days and today also it closed low. 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
