INDIAGLYCO trade ideas
india glycol bullishMEG rates shooting up
pullback downward channel broken, continuing with uptrend
for education purpose only
indiaglyco buyindiaglycol giving breakout from horizontal channel buy at cmp sl 678
for education purpose Do your own research
Cup and Handle Pattern Breakout with huge volume spikeCup and Handle Pattern Breakout with huge volume spike
CMP 641.85
Target 840+
INDIA GLYCOndia Glycol
Daily chart
Forming CUP AND HANDLE
Good volume
bullish rsi @ 69
bullish crossover EMA
bullish crossover MACD
bullish crossover STOCHASTIC
buy cmp @ 549
sl @ 445
target @ 712
INDIA GLYCOIndia Glycol
Weekly chart
Forming Inverted head and shoulder
Good volume
bullish rsi @ 68.32
bullish crossover EMA
bullish crossover MACD
bullish crossover STOCHASTIC
buy cmp @ 549
sl @ 445
target @ 918
Weekly Cup and Handle INDIAGLYCOL - Long Term investmenton weekly timeframe handle formation is in progress.
Risky Traders can enter here as there is consolidation and upward movement seen in current week.
Enter CMP
Target: 821
SL: 398
Non Risky traders can wait for breakout in coming weeks
Go longGo for long Target 1will be trend line, Traget 2 & 3 Blue lines
Disc: Study Purpose
Telegram id: T.me/earn50kto50lakhsin5years_1
IndiaGlycol - MAR Support - 100 Dema - Fib SupportBuy around 500-505 levels
T1 - 560
T2 - 610
SL - 485
India GlycoBroken out of bullish pennant pattern and aroon crossover on weekly chart confirms bullish trend . long with tgt of 1000 in next 12-18 months can be easily attained.
INDIA GLYCOL - BULLISH PATTERN CMP 612
Target 700 plus
Stop 550
Weekly chart
Rectangular breakout / W pattern with huge volumes accompanied by all time high RS.
