Symmetrical triangle Breakout in India Glycol
Previously on 9th Sep stock had given breakout from its symmetrical triangle patter and now, price is coming for the retest.
If you observe todays candle, it is forming a hammer, indicating upside move in coming days.
For further Strong upside momentum price has to close above 980. All possible targets are marked on the chart. Maintain strict stop loss at 835.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
INDIAGLYCO
Previously on 9th Sep stock had given breakout from its symmetrical triangle patter and now, price is coming for the retest.
If you observe todays candle, it is forming a hammer, indicating upside move in coming days.
For further Strong upside momentum price has to close above 980. All possible targets are marked on the chart. Maintain strict stop loss at 835.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
INDIAGLYCO