Flag and Pole in Styrenix what was the old INEOS Styrolution
Overall the pattern shows that a convergence is happening at this level
When we look at the stock over a long period of time, what I realise is that the patterns are repetitive and it has not participated in the bull market as much as the other stocks.
Looking at the shareholding pattern also we can understand that the no.l of shareholders in this counter are only 45,000 which means only savvy and old timers what knew this counter and IPO investors are there rather than catching the frenzy of FNO and traders and mass allotments.
When we look at the stock over a long period of time, what I realise is that the patterns are repetitive and it has not participated in the bull market as much as the other stocks.
Looking at the shareholding pattern also we can understand that the no.l of shareholders in this counter are only 45,000 which means only savvy and old timers what knew this counter and IPO investors are there rather than catching the frenzy of FNO and traders and mass allotments.
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