buying side for IGL
igl get out from regression chennel
macd +ve buying indication
price also running above 50, 200 daily moving average
recently taken support on 200 SMA
It can give box Breakout for long position....It is also in very strong uptrend
But Rsi is in overbought zone and macd also given bearish crossover.If it gives down Breakout good chance of going label of @3220 to 3180 .
But stay away from shorting because it is in very strong uptrend and it is Against the Trend
It is for only education purpose do self analysis...
At 15 july I posted the Signal of Orient cement for educational purpose and also for some interested people to trade it.
It gave a good breakout with volumes more than Volume moving average 22 on 20th July.
The stock has closed on our 1st target i.e 160 on 30 July and made a high of 162 giving a return of 8%
Now our Gates are open for 165-170-175-185++
155 would...
You should always have a plan in case the opposite happens since it will happen often.
High 3 (this can is attracting buyers/scalpers/chartist attention)
-> High of the candle is higher than H2, and H2 is higher than H1.
Volume is on average as normal.
The trading range is tight and high trading activities and price rotation found.
We have found a...
