Long IGL RR 1:4Details in the chart
SL on daily closing basis
Disclaimer
Do consult your own financial advisor before taking up the trade.
IGL
IGL Clear Breakdown following a 3month 2nd BaseEvident Chart, super Bearish
Downside Risk Open to 345 - 330.
Sell on Every Rise, 380 was breakdown level
3 Months of range market - Buy on supportPrice trading inside a range for the last 3 months and it is expected to continue in this month also, as price reached the support last month and moved up to the trend line it is expected to reject here and once crosses the trend line it will head to the resistance level at the top.
Good positional buy in cash !!!
IGL Fresh Break Down may lead Fresh Downside RallyMajor Support Level Break Down
RSI was not above to cross above 60 Level
Closing RSI Below 40 can increase the downside momentum
Rising ADX Crossing above 20 and -DMI took support at 20 indicates that trend may take strength now
Price Action = Formed Lower Swing High and Lower Swing Low
Most Recent Swing high is very near to the Major Support Level
HOW I SAVED MY MONEYTHERE WAS RESISTANCE ,
AS SIMPLE AS IT SOUNDS
.
YES , I DONT USE ROCKET SCIENCE TO MAKE MONEY
IGL Gartley Harmonic Chart Pattern !!TREND ANALYSIS & TRADE SETUP !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 10-12 times
IGL SWING SELL [VT LEVELS, DIVERGENCE]IGL REVERSED FROM ITS RESISTANCE - 423.05
BEARISH DIVERGENCE
SHORT IGL ON TRENDLINE BREAK DOWN (BLUE COLORED)
TARGET - 395.5
IGL is Running in SR Trendline (Strong Breakout Trade)Indraprastha Gas Limited : Natural Gas Distribution Company ( NSE:IGL ) is Making SR Trendline Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
IGL MAY GIVE BREAKOUT FROM RECTANGLE PATTERNIGL HAS BEEN IN RECTANGLE ZONE SINCE 07 JUL 20. LOOKING AT THE MOMENTUM, IT MAY BREAKOUT IN COMING SESSION. BUY ABOVE 423 FOR SAFE BET
IGL Trade Setup & Chart Pattern !!TREND ANALYSIS & TRADE SETUP !
WAVE COUNTING !!
HEAD & SHOULDER CHART PATTERN !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
IGLTook breakout beautifully, buy in pullback or safe players buy above 405(Intraday).
Please do your analysis.
IGL Swing call Hi,
I have given swing call on the basis of support and resistance
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