TradZoo

After Correction of breakout IGL ready for target of 505+

Long
NSE:IGL   INDRAPRASTHA GAS
After the breakout of the neckline at 429, its completed correction move and again ready to move towards its immediate target at 485. We can get good risk-reward in this trade. Downside 429 is acting as support so we can set this as a stop loss for this position.

Possible Trade:
Buy IGL above 449.50
Stop loss 429
Target 485 505+

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