IGL from 940-942 highs is very choppy -looks to form a pattern to lowest price 910-912 zone.
Scenario-1: 910-912 is the support zone- any move below 910-912 on sustained basis shall put IGL into more downside pressure
Scenario-2: Going above 925 on a sustained basis with strict stops below 910 for target 940-942 zone & later above 942 for the 950-960 zone.
Previous Update-- Kissing at the top@960
Can attract you to bulls camp
IGL Train left the station at 825.
Sorry for the typo mistake in above update-- it is 925 instead of 825.
Close to our 2nd target zone of 950-960!
Target 950-960 reached -first it reached 940 then a fall holding above 910 & push to 950-960 zone
Wow - Never came down!!! Touched highs of 1030 from 920 low's
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ