Indraprastha Gas Ltd : Fibonacci Analysis

60 0
IGL has started extending from 61.8 % retracement. Although we are little late to enter into trade but still risk and reward ratio warrant a good opportunity.

Entry Price : 1069-1075

Target 1 : 1102-1107 (CMP)

Target 2 : 1120 - 1125 (CMP)

Traget 3 : 1165 - 1170 (CMP)

Stop Loss : 1040

This is a swing trade analysis and may require a contract roll over to stay in trade.https://in.tradingview.com/chart/0ncmbJH...
Trade active
Trade active: Trade is Still Active. Keep Stop Loss Order in Place to avoid sadness.
Trade active: Trade is active
Last Price :1072

Stock has maintained the levels and risen from lows. Building up for big move.

Be Patient and Enjoy
Trade closed: target reached
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