igl , looks good as per channel !!!IGL in the channel + flag looks good as taken support today ,
can follow on twitter for real time updates .
do your own analysis before any follow up .
thanks. :)
IGL
IGLMy Favourite pattern for Intraday Trading.. ( Check out my prev post of IGL ) With this strategy...
Most profitable pattern...
Buy and Sell ... Levels mentioned in chart..... Do your own analysis...
.......
Comment Your Views.... Up or Down ??
.......
Thank You,
Vishwajeet Sharma
Prev Post Idea...
Most Profitable patternMy Favourite pattern for Intraday Trading..
Most profitable pattern...
Buy and Sell ... Levels mentioned in chart.....
.......
Comment Your Views.... Up or Down ??
.......
Thank You,
Vishwajeet Sharma
IGL Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
IGL - Short Setup - Selling MomentumDeveloping Price Action in IGL is indicating a buildup of momentum on downside.
Initiate sell.
Target : 390
Stop Loss : 465
IGL Daily Analysis 01 April 2020S/R Marked on the chart.
Smart Money
Marked Up price out of range on
15 Jan 2020
offloaded to weak hand on
07 Feb 2020
13 Feb 2020
18 Feb 2020
Fake Move on 13 Mar 2020 as following candles are down with abv average Vol.
01 April 2020
Closed below 200 DEMA with less Vol suggests Smart money not interested for now.
IGL Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
IGL weekly chart looks A1 for life high and highIGL weekly chart looks excellent to make life high and higher high...
Buy for long term with stoploss of 395...
Happy trading...
Thank you,
Vishwajeet Sharma
IGL BuyIGL Buy above yellow line target 480...As per fib 78 percent line...if its sustain and close above 480...its bullish...
Sustain below yellow line...short it....
IGL Long above 470 SL of 455 Target 490 510 Upside openIchimoku cloud cross over plus resistance breakout.
IGL : Tie IGL
If it breaks current level ( channel mid line) then it will turn bearish, bull have to put lot of effort to keep it in their territory.
504 is an important levels, as long as the stock trades above itThe stock has an splendid move in last few months. Lately there has been some momentum divergence in the stock, RSI & MACD on the daily charts are diverging with price. Though divergence is does not indicate any trend change, but it has to hold on to important supports to maintain its trend up. Furthermore the bearish engulfing candle reassures a probable detour in the coming week. 504 is an important levels, as long as the stock trades above it the levels of 535 – 560 may be probable however giving up the support may attract correction in the stock till 495 – 480 levels.
