TGL Tariq Glass short term analysis 18th Jan. 2021

Further Advance

Our Pivot: 82.80

Our Preference: Start buying from current price and average it out till 88.80 with strict stop loss of 82.80 and profit target at 100.00 with extension towards 106 and 110.

Alternate Scenario: Downward penetration of 82.80 will call for 78.00.

NOTE: TGL have given bullish breakout of its triangle on daily chart.

Chart with supports & resistances: