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r-ya

IGl has Created Both Flag & pole + Rounding bottom pattern

Long
INDRAPRASTHA GAS (NSE:IGL)  
r-ya  
NSE:IGL   INDRAPRASTHA GAS
Trend Analysis Chart Patterns Beyond Technical Analysis flagformation flagbullish flagandpole flagandpolepattern roundingbottom Bullish Patterns igllong IGL
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trendanalysis chartpattern beyondta flagformation flagbullish flagandpole flagandpolepattern roundingbottom bullish igllong igl
Hi guys ... As shown in the chart IGL has formed both Flag and pole + Rounding Bottom Pattern and it looks good only above 578- 580

Targets can be the 100% of the depth of the rounding bottom pattern and Target 2 will be 100% of the length of the pole ..

-- Things to remember

--- Breakout should be done with Good volumes
--- Once breakout done .. it can come back to retest the support which was once resistance ...
-- Please wait for the confirmation ... so for being Safe side buy 1-2 points above the mentioned levels



- Note : I am still a learner ... Do let me know if i miss something
- Disclaimer : - This is Just for Education purpose only
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