Indian Acrylics- Approaching ATH | Positional/Investment Idea
Highlights:
Indian Acrylics Ltd is a mega petrochemical project & the largest producer of acrylic fiber. The product range of the company includes Staple fabric, Normal Bright Staple fiber, Semi Dull lustre Staple Fibre, Normal Bright Staple Fibre (Non-Shrinkable), Normal Bright Staple (Shrinkable), Acrylic tow, Acrylic top, etc.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
- Approaching the All-Time High
- Breakout done
- Massive Volume expansion
- Bullish market structure
- Use an appropriate Risk-Reward ratio as per your strategy.
Indian Acrylics Ltd is a mega petrochemical project & the largest producer of acrylic fiber. The product range of the company includes Staple fabric, Normal Bright Staple fiber, Semi Dull lustre Staple Fibre, Normal Bright Staple Fibre (Non-Shrinkable), Normal Bright Staple (Shrinkable), Acrylic tow, Acrylic top, etc.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
