IGL is now trying to test its 200 EMA and a previous support zone which has not been tested previously. One has to wait for bullish candle stick at support zone. The entry should not be taken before that. All levels are mentioned on the chart and are applicable only when a bullish candlestick pattern is formed on the daily time frame. DISC: For educational...
IGL chart analysis for intraday and swing trading
IGL chart analysis for intraday and swing trading
1. In IGL the prior trend was an Uptrend. 2. Double Top Pattern formed. 3. The confirmation line has been broken. An opportunity for a Short Trade can be seen here till the next support level.
In the daily chart, MGL has generated a runaway gap. Short term target will be 1200 and it will go 1500 for sure in 5 to 6 months. Make long position guys, we will definitely achieve our target.
Igl is coming at week low, its the Perfect Price Level to buy. Accumulate to ur portfolio for long term. Hedge Ur Gas Cylinder with this Share. Wait for the Price ! to come ! Thanks
Levels are in the graph it self, breaked support. Taken retest. Now entry only
Seems like a nice setup for #IGL Targets 551 / 557 / 561 #nse #bse #nifty #index #sensex #StockMarket #stock #banknifty #trading #tips #option #equity #stockstowatch
NSE:IGL as long as stay above 534 it can touch 600+ so trade for long only till it above 534 , below that one can short.
I had already shared a the idea, look at the link given below to know why this is a high probable swing trade. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...
only buy at retest
After today's breakout, It is in the bullish momentum. It has faced a resistance at 514.10 . I think, it may break this resistance tomorrow and it can proceed higher.
Hi Swing Traders, IGL is making a decent price structure with Gap-filling with pull back. Possible breakout tomorrow. Check out the above chart for more. I hope you will benefit from this knowledge -MetaVish