IGL - Accummulation - Get ready to enter Long

INDRAPRASTHA GASNSE

Description

⋅ Dec 27, 2020 5:14 PM

A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........

Note:

Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking

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Happy Trading!!

Comments

rajarao.d

⋅ Dec 28, 2020 3:16 PM

I HAVE SOME CASH NOW , CAN I BUY NOW OR WAIT FOR CORRECTION
UR CHART IS LOOKING GOOD ON IGL, BROTHER PL REPLY

FAHEEMSAM

⋅ Dec 28, 2020 5:34 PM

@rajarao.d, I am not any sebi registered advicer. But what i did is entered with half quantity. once the uptrend is confirmed, will put the rest of the money. You can follow this advice or not. but if loss, i am not resposible. But i am pretty confident with the study, so i recommend the above mentioned method to enter