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IGL: Back to valuation zone
INDRAPRASTHA GAS LTD
Long
IGL: Back to valuation zone
By trade_opportunities
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Updated
Mar 18, 2021
4
Feb 27, 2021
IGL is now trying to test its 200 EMA and a previous support zone which has not been tested previously.
One has to wait for bullish candle stick at support zone. The entry should not be taken before that.
All levels are mentioned on the chart and are applicable only when a bullish candlestick pattern is formed on the daily time frame.
DISC: For educational purposes only.
Mar 18, 2021
Note
Few more points away from our buying Zone. Waiting to reach at 465-470 levels.
Mar 23, 2021
Order cancelled
As the entry has not triggered. I am posting a follow-up chart. Please refer the newer one.
Chart Patterns
IGL
Trend Analysis
trade_opportunities
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