After trading within a 6- month Balance, IGL has made a good Breakout to the upside on high volumes. It has also crossed the DMA 200. It is already above the DMA 50 and DMA 100. Further, DMA 50 is nearing DMA 100 from below and it will most likely cross it shortly.
This calls for a Buy at the current price of Rs 438 and additions on minor corrections.
After the Trade is done, Monitor for continuation.
The Next High is 465 and the one Next to it is 514.
This calls for a Buy at the current price of Rs 438 and additions on minor corrections.
After the Trade is done, Monitor for continuation.
The Next High is 465 and the one Next to it is 514.