Traderanit

IGPL: Trading in Uptrend Channel

Long
NSE:IGPL   IG PETROCHEMICAL
Stock of the Week: #IGPL
Entry Price: 618.05
SL: 456.30
Position Sizing: 15%
Reason: Trading in Upper Channel and touched the strong resistance zone. The only concern is the Bearish Pinbar pattern that emerged in the weekly chart with high volume at the resistance zone.
IGPL

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