Chart Study : INDIA GLYCOLS
India Glycols has made a high volume break out on charts.
If bulls continue to support this break out which will be indicated by stock moving and trading above 147 with volumes,
it will easily run upto 169 - 178 with in days.
We will use a risk reward ratio of 1:2 for this trade.
NEXT : Nifty Outlook for 6th April 2010
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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