raghavchoudhary2016

ALKYL AMINES, TRADING AT MA100!!

Long
NSE:ALKYLAMINE   ALKYL AMINES
1. MA 100 is giving a very good support for alkyl.
2. one thing to note is it is forming a cup and a handle pattern, with the neckline drawn.
3. the stock has not given any returns, from past 6 months.
4. on 1st of august, the stock broke the trend line, to give a breakout, but it was not much effective, and from that period the stock is in a range.
5. have a look on MACD, there's no big bars as much

RESISTANCE LEVELS ARE DRAWN, ONE CAN AIM FOR THE STOCK TO GO UPSIDE ALL OVER TILL 4382
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