vipulmehta817

IGL Bounces off Support

Long
NSE:IGL   INDRAPRASTHA GAS
IGL has bounced from its Trend line support from where it has bounced multiple times in the past as well. This bounce also coincides with 200DMA support. We are bullish on this stock with 560/580 as short-term swing targets.
Trade closed: target reached: Both targets met. Now it's best to wait on the sidelines and see the price play itself out before taking any further bets in this stock.

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