MGL has been a star performer and has been fueling some strong upside for the past few weeks. The charts have been steadily forming higher lows indicating possibility of heading higher. The last few days the pullbacks in this counter have been witnessing some buying interest. Yesterday the robust Q2 numbers brought in some cheer and the strong run up clearly...
NSE:IGL had gone up 4% after market open due to good Q1 earnings which was released late on Wednesday after market hours.
There is a zone at 332.85 from where we can witness profit booking which should help in achieving our first TP which is 2:1
Entry at 332.85 with SL 334.65 and first TP at 329.20
Note:
Please Consult Your Financial Advisor Before Taking Any...
Last 2 weeks, we have seen a major fall in the Index. But this counter IGL succeeded in making a higher low and will make a new weekly high tomorrow. Once a close above 312.10 will boost this stock for short term targets of 337. The 2 green lines are very strong supports, all red ones are targets/ resistance and the last blue line is the break level!!! A pure gem...
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![IGL: IGL Short Setup [Intraday]](https://s3.tradingview.com/y/Y9I7yE9u_mid.png "IGL Short Setup [Intraday]")
