Einstein15

IGL Trendline Breakout

NSE:IGL   INDRAPRASTHA GAS
IGL             has been moving in an uptrend for a month in a STAIRCASE pattern.Nice bifurcation of sup/resistance levels in 3 triangles.
Currently testing the black trend line again, awaiting a breakdown/reversal.
Great presentation!
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Einstein15 TOP pratik7590
@pratik7590, :) Thank you.
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it's a breakdown @Einstein15
Now what's next
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Einstein15 TOP coolappleamit
@coolappleamit, Yes. it did broke the trendline, now one look for break or bounce at support/resistance on whatever timeframe one trades on.Since there are 10s of ways to trade breakouts, depending of ones personal taste.
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Loved the analysis and ur picture of the feet:)
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Einstein15 TOP RaviYendru
@RaviYendru, Thanks Ravi !! :)
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