As expected , IGPL gave a good breakout today from the Neckline with good volume. Considering the results announcement next week, expect to continue the run to reach 52wk high of 550 before results. First Target 550..
Good news for the company with Anti-Dumping on Phthalic Anhydride could propel this stock much higher going ahead.. Long above 562. SL below 520. Open target as with anti dumping can propel the price up quite a bit... Note: Result is on 24th (Monday) so look out for that maybe before making a decision.
I have personally invested heavily today for medium term. Portfolio allocation is 25%. I am expecting bumper results in this quarter. Fundamentally good script and good growth opportunities opened up after recent CAPEX. Looking for 600 plus at least.
Days ahead of its earnings, IGPL seems to be on the verge of a breakout by crossing the neckline. Expecting the momentum to continue towards 52 week high around result day. Further upside will depends on quality of results.
It is currently at the resistance. If it bounces back, look to go long. CMP 417
My past idea of TN Petro was fantastic, hoping this will be too. See, its breaking July 17 resistance with heavy volumes in daily TF. Also, you will cup and handle breakout. Multiple confluence, that's it.
After forming double top on daily chart, but stock is moving towards higher with volume. 500 level acts as good resistance, wait for a clear breakout on weekly chart.
IGPL ready for a quick ride towards 424 Crossed 386 with strength! Weekly View
IGPL has changed its long term downtrend to uptrend with good strength
#IGPL breaking out on above average volumes. seems like a shakeout of week hands on low volumes..
IG Petrochemicals Ltd. is engaged in the manufacture and sale of organic chemicals like Phthalic Anhydride used in industries like plastics, paints, construction and transportation It was consolidating from many days today it came out of this with big volume . all the level are drawn T1 159 for intraday . T2 and T3 for positional . buy around 151. Any...
DOLLY KHANNA INCREASED STAKE AS PER ANNUAL REPORT 2017-2018