- IGL is a stock which has a decent or sluggish movement - Less volatility which also can reduce some volatile moves in your Portfolio - From a positional perspective keep a stop loss of 390 if you entered around 403 with me - I think this time the retracement can be a little small and demand-driven - Enter partially at 406-408 keep your 50% fiat to enter...
IGL is currently trading at a filtered demand zone - From a Mid-Term perspective I am very bullish on this - Accumulation Zones - 380-395 - SL shouldn't be more than 2-4%
IGL has constructed a falling wedge on the 1-day chart in which it has made continuous lower lows and lower highs. The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504 . IGL Is Bearish below 458 . Buyers have to break and stay above 504 to increase...
IGL Daily Chart shows new Upmove breakout with 10% upside in next 20-30 days LTP 479 SL 470 Target 545+ Timeframe 20-30 Days
#IGL (Daily) CMP 506 Flag pattern with Huge Volumes Support- 490 Resistance- 525/535/550
Long IGL above 435 levels for the target price of 455-460 . All important levels has been marked on the charts. 5 star Trading setup analysis: 1- Star- RSI taken well support at 40 levels sharp V turn. 2- Star- Resistance BO with very strong bullish candle & trading at support level. 3-Star-- After the second BO of marked resistance area well confirmation and...
intra breakout buy near 443 for target 449+ for option trade - march series 450ce can be taken diaclaimer - trade @ own risk
IGL is looking good for a break out trade as it has been forming an inverted head and shoulder pattern and consolidating near the break out levels. On the daily time frame, the stock has given a lower wick rejection after testing 20 DMA. The stock on the weekly time frame has given a bullish moving averages cross over and good targets can be booked in the stock...
Inverted Head and Shoulders formation observed in IGL Target 507 Anticipating a good breakout next week.
Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
IGL has formed a flag and pole pattern on the daily time frame. Nifty oil and gas index has been trading around the recent high and IGL stock can give a good moment following the index. There is bullish moving average cross over on the daily time frame. 3 point confirmation. 1. Flag and pole pattern. 2. Bullish cross over. 3. Index trading near the recent...
fibo level 78.6 @ 428-29 breaking this level can lead to targets 432, 439 & above keeping stop of 421 disclaimer - trade @ own risk
Buy IGL above 422 for trading purpose for target 432-445-460 With sl at 414 For long term by above 422 for target 515-600 Stop loss at 398 NSE:IGL NSE:IGL1!
IGL has created a very good 'Flagpole Pennant pattern on daily basis. There was sharp upmove observed from the levels of 350 -440 (8 aug - 16 Aug). After that the stock has been consolidating only from last 10 sessions and the range is getting smaller and smaller creating a pennant. What Is a Pennant? - A pennant is a type of continuation pattern. - When...
NSE:IGL FLAG PATTERN Breakout given with good volume, One can go long with stoploss - 405 Short term target - 440, 465 Flag pattern target - 478, 497
NSE:IGL #IGL symmetrical triangle, BO may show good momentum. Happy LEarning !!
Bullish Treditional Reversal Divergence.And waiting for positive supertrend.
Buy IGL at cmp (530) for a target of 602, horizon: 7-14 days. Trading near support level and 200 DEMA. Looks good for long. RR is very good.