MasterTrader1949X

Indraprastha Gas Ltd

Long
NSE:IGL   INDRAPRASTHA GAS
Fundamentals:-
Debt is less than reserves.
Dividend giving stock.
ROCE & ROE Good.
Piotroski Score is 7 (Good Score).
current Price is below Intrinsic value.
Promoters holding is Good & No promoters pledged.

Technical:-
Expecting a Triangle Breakdown. Triangle is marked in Skyblue colour.
Demand Zone is marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is just below 200 Weekly EMA (White Line).
200 Monthly EMA is way below (Yellow Line).
Price is expected to bounce from Demand Zones.


Buy 340 - 295 - 225
Stoploss 190
Swing Tgt 390 - 440
Positional Tgt 500 - 585
Long Term Tgt 800 - 1000


This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.

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