The 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
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Note:
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...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
📊 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...
After 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...
#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...
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.
Breakout 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.
“front.page/swing-trades-ideas”
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- 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 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.
