Indraprasth Gas Trend on upside can resume NOW.
As seen on the chart of IGL this stock now at an important zone of support which is also a 50% retracement support, also a positive candle pattern is seen on the mentioned support area.
An outside-inside price pattern is seen on bollinger band and other stocks in the gas sector are showing strength.
Rsi Momentum indicator is also on a support area.
Cmp is 466 and support at 455 The target at 495 and 510 give a good risk reward setup.
Analyst: Abhay Bhatia
An outside-inside price pattern is seen on bollinger band and other stocks in the gas sector are showing strength.
Rsi Momentum indicator is also on a support area.
Cmp is 466 and support at 455 The target at 495 and 510 give a good risk reward setup.
Analyst: Abhay Bhatia
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.