NSE:IGL INDRAPRASTHA GAS
The stock has an splendid move in last few months. Lately there has been some momentum divergence in the stock, & on the are diverging with price. Though divergence is does not indicate any trend change, but it has to hold on to important supports to maintain its trend up. Furthermore the candle reassures a probable detour in the coming week. 504 is an important levels, as long as the stock trades above it the levels of 535 – 560 may be probable however giving up the support may attract correction in the stock till 495 – 480 levels.