bought 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
Symmetrical 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...
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.
Has been a previous favorite and has consolidated enough. Up move is on the cards. Target 1117 SL 910
India Glycol Inverted Head & Shoulder Formed below, After Achieving H&S Target it falls to Important Support Zone Target 20 % Upside
INDIA 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.
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%
This 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...
India 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 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
SUPPLY & DEMAND ZONE
NSE:INDIAGLYCO Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
* 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 .
Trading 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...
Bought India Glycol at 293 SL 279.