INDIAGLYCO trade ideas
INDIAGLYCO looking bearishINDIAGLYCO create descending triangle pattern on 30m time frame,,,
if there is a strong break-down happened, then find short selling opportunity,,
always wait for a confirmation on this type of setup...
intraday analysis for 5 June..
Double Top: India GlycolsNSE:INDIAGLYCO is forming the Double Top pattern. Pattern will be completed after the neckline breakout.
Will the pattern complete, or will there be failure?
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
INDIAGLYCO - Triangle Breakout + Bounce from 20EMA - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Symmetical triangle pattern breakout with volume breakoutGood volume breakout, keep a look for retest or enter.
INDIAGLYCONote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
INDIA GLYCOLS - keep an eye for symmetrical triangle breakout 📊 Script: INDIAGLYCO (INDIA GLYCOLS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals
📊 Industry: Chemicals & Petrochemicals
Key highlights: 💡⚡
📈 There is crossover in MACD as well as in double moving averages and stock is trading towards upper band of BB last but not least RSI is around 62.
📈 One can take swing trade after stock give breakout of symmetrical triangle.
⚠️ Keep an eye on INDIAGLYCO .
⚠️ It is near at its resistance zone which is around 915.
⚠️ Script is going to give symmetrical triangle breakout.
⏱️ BUY ABOVE AROUND 915
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
INDIA GLYCOL : TIGHT RANGEAfter Few WRC Moving in a Tight Range - Setting Up nicely
TGT - 930 & 1000+
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
INDIA GLYCOLS-ASCENDING TRIANGLE BREAKOUT DAILY TIME FRAME .Swing Trade -India Glycols Ascending Triangle Breakout Daily Time Frame-Expect a 5-7 % Return on This Stock. Plan Your Trade .Only Education Purpose.
#INDIAGLYCO - Short term breakout#INDIAGLYCO - Short term breakout
CMP - 1088.70
Can be looked in the range of 1015 to 1060
OR
Only Above 1115
Next Levels can be expected 1220 & 1420
View will be negated below 865
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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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_Target 1450+Those interested in taking positional trades can enter India glycol for target of 1450+ in 1-2 months.
Breakout in INDIAGLYCOBreakout in INDIAGLYCO in both Daily and Weekly timeframes. One can enter above 1100 for targets of around 1450 and 1800.
DISCLAIMER: The ideas are only for educational purpose. I am not SEBI registered.
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Good for Long idea. Good ConsolidationNSE:INDIAGLYCO
CMP : 996
Long consolidation between 762 to 1009
Now stock is ready to fly
Closing above 1434 may Good upmove.
Indiaglycol best price to buyAt multimonth support on weekly chart. After immediate target is 900 With 2nd tarety 1020
INDIANGLCO LONG(BO AND RESTET)BO of 800 then railed up to 1011, now again at retested BO level
Good volume in uptrend and volumes drying up during downtrend/ consolidation
Buy at CMP or above 893
Support near 800-730
Market Cap-- ₹ 2,361 Cr
Stock P/E-- 12.5
ROCE-- 11.5 %
ROE-- 13.9 %
Free float only-- 37%
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
KEEP A HAWKEYE ON INDIA GLYCOLINDIA GLYCOL- Daily Timeframe.
As we can see from the chart India Glycol is currently trading at its near resistance which is been tested multiple times. If it closes above the resistance one can take entry for the mentioned targets keeping the stop loss below the previous swing low.
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.
India glycol bullishbounced from 150sma
59 days box breakout possible, 2nd time in a row!
for education purposes only
