Description
⋅ Prices kissed 910-912 zone as per update- IGL-Kissing at the top@960- Amazing!.
IGL from 940-942 highs is very choppy -looks to form a wedge pattern to lowest price 910-912 zone.
Trading Strategy
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
Trade active
⋅ 10:05 Hrs 18th Jan2017
Last price@828
IGL Train left the station at 825.
Trade active
⋅ 11:15 Hrs 18th Jan2017
Last Price@934
Sorry for the typo mistake in above update-- it is 925 instead of 825.
Trade closed: target reached
⋅ 14:20 Hrs 20th Jan2017
Last High@948
Close to our 2nd target zone of 950-960!
Trade closed: target reached
⋅ 11:43 Hrs 30th Jan2017
Target 950-960 reached -first it reached 940 then a fall holding above 910 & push to 950-960 zone
Trade closed: target reached
⋅ 21:45 Hrs 11th May2017
Last Price@1011
Wow - Never came down!!! Touched highs of 1030 from 920 low's