IGL has constructed a falling wedge on the 1-day chart in which it has made continuous lower lows and lower highs.
The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504. IGL Is Bearish below 458.
Buyers have to break and stay above 504 to increase demand pressure.
Note: Do your own research / discuss it with your advisor
The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504. IGL Is Bearish below 458.
Buyers have to break and stay above 504 to increase demand pressure.
Note: Do your own research / discuss it with your advisor
Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.