IGL Fresh Break Down may lead Fresh Downside Rally Short

INDRAPRASTHA GASNSE

Description

⋅ Oct 12, 2020 4:51 AM

Major Support Level Break Down

RSI was not above to cross above 60 Level

Closing RSI Below 40 can increase the downside momentum

Rising ADX Crossing above 20 and -DMI took support at 20 indicates that trend may take strength now

Price Action = Formed Lower Swing High and Lower Swing Low

Most Recent Swing high is very near to the Major Support Level

Comments

amarjain312

⋅ Oct 13, 2020 11:19 AM

Sir next strong support igl kaha pa milanga
Or Gspl pa

Atul_Tirole

⋅ Oct 13, 2020 12:05 PM

@amarjain312, MAJOR SUPPORT ZONE 280-300 IS VERY STRONG

GSPL : Currently 177 is support but if it closed below 177 then next major support is 145.