INDIA Glycols-On the Verge of BreakoutBUY Range
545-555 (accumulate Till 500 if falls)
Target
580
610
630
650
SL below 495
CBSL
INDIAGLYCO trade ideas
INDIAGLYCO looks poised for good breakoutINDIAGLYCO forming symmetric triangle!! Seems poised for a good breakout from symmetric pattern
India Glycol Positional BuyBuy India Glycol at 560
4-5 days view
Target price of 590-610-620
No stoploss
Purely Technical view
india glycol looks bullish in long term, In monthly, it has given a multi year breakout, one should buy at every dip here.
tgt1 - 380, tgt2 - 540
INDIAGLYCOToday's up move seems to be a decisive one after price having spent considerable time in the 130-135 range. Will there be a follow-up in the days to come ?
Looks like there's more upside here, to me.
Triangle breakout..The stock has witnessed a breakout from a symmetrical triangle formation. Target on the upside is Rs 165 and stop loss @ Rs 127 on a closing basis.
INDIAGYCOINDIAGYCO Strong for longterm but now its7 tops and also formed reversal pattern in candlestick pattern so it can reverse from cmp so be alert. exit if you buy for small term or for small gain and enter above only when stock close above 150 with high volume.
