{"id":5766,"date":"2024-06-24T15:38:01","date_gmt":"2024-06-24T10:38:01","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5766"},"modified":"2024-06-24T15:38:17","modified_gmt":"2024-06-24T10:38:17","slug":"tgl-bossing-the-glass-sector","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/tgl-bossing-the-glass-sector\/","title":{"rendered":"TGL bossing the glass sector"},"content":{"rendered":"\n

Tariq Glass Industries Limited<\/strong> (TGL) is eagerly<\/strong> trying to break the 120<\/strong> area of monthly<\/strong> resistance. See it\u2019s just<\/strong> created a monthly lower wick (104)<\/strong> and then again come back<\/strong> to the range.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

In Weekly<\/strong> time frame TGL,<\/strong> is in range. But overall trend is bullish.<\/strong> These red <\/strong>lines are my channel<\/strong>.<\/p>\n\n\n\n

Which is showing higher high<\/strong> and higher low<\/strong> market structure<\/strong>.<\/p>\n\n\n\n

Accumulation from 117 ~ 108<\/strong>. If take more dip (that) then 104.<\/strong><\/p>\n\n\n\n

TGL<\/strong> has edge over their competitors. Sales<\/strong> are increasing and different business<\/strong> model.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

In Daily <\/strong>time frame, Stock<\/strong> has little gap<\/strong> up opening. It might<\/strong> fill the gapor not<\/strong> nothing is certain.<\/p>\n\n\n\n

One could take half<\/strong> position and hold <\/strong>half as a cash<\/strong>. Once you get <\/strong>chance from down<\/strong> move add more<\/strong> quantity.<\/p>\n\n\n\n

If it closes below 100 trend<\/strong> would change<\/strong>.<\/p>\n\n\n\n

Reminder, 127<\/strong> is 52 week high <\/strong>area.<\/p>\n\n\n\n

Selling would be witnessed <\/strong>and if sustained<\/strong> above 125 area<\/strong>, next good <\/strong>area for sellers are<\/p>\n\n\n\n

 129 – 132 – 135.  <\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Tariq Glass Industries Limited (TGL) is eagerly trying to break the 120 area of monthly resistance. See it\u2019s just created a monthly lower wick (104) and then again come back to the range.<\/p>\n","protected":false},"author":13,"featured_media":5781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[197],"class_list":["post-5766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-tgl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/06\/TGL-TECHNICAL-ANALYSIS-24-JUNE-2024-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/06\/TGL-TECHNICAL-ANALYSIS-24-JUNE-2024-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/06\/TGL-TECHNICAL-ANALYSIS-24-JUNE-2024-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/06\/TGL-TECHNICAL-ANALYSIS-24-JUNE-2024.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5766"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/5781"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}