Indogulf CropSciences Ltd – Technical View• CMP: ₹112.78
• Trend: Sideways with slight bullish bias
• Structure: Price attempting higher lows, holding above short-term moving average
• Moving Average: 20 EMA (Blue) now acting as short-term support
• Support Zone: ₹108.50–₹109
• Resistance Zone: ₹114.80–₹116
• Volume: Moderate with recent spikes — signals growing participation on green candles
🎯 Action Plan
• Bullish Breakout: Above ₹116.20 (closing basis)
– Target 1: ₹121
– Target 2: ₹126
– Stop-Loss: ₹109
• Bearish Rejection: Below ₹108
– Target 1: ₹103
– Target 2: ₹99
– Stop-Loss: ₹113.50
⚠️ Disclaimer: This analysis is for educational purposes only and not a buy/sell recommendation. Always do your own research or consult a SEBI-registered advisor before making investment decisions.
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