IGPL
Swing Buy Opportunity in IGPL
Ping Me 1-0-1 to associate
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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IGPL Analysis & PredictionThis is the analysis of IGPL in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About IGPL :
IG Petrochemicals Ltd. is a holding company, which engages in the manufacture and sale of organic chemicals. It operates under the India and Outside India geographical segments. It offers Phthalic Anhydride, Benzoic Acid, and Maleic Anhydride. The company was founded on October 18, 1988 and is headquartered in Mumbai, India.
IGPL waiting to settle to form support to go LONGAs per my study and analysis, I find this for education purposes only that its not any buy recommendation.
I found that the trend line resistance was broken and support was taken but at the same time the pattern formed seems to be a cup and handle pattern in charts which after break out would just burst to new highs with a time span
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Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalIG PETRO
Stock trading in a Zone from last 3 months
Now seems Darvas Box breakout coming
Buy at CMP or above 750
for targets of 790/830/900
keep 8-12months view
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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IGPLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IGPL: Trading in Uptrend ChannelStock of the Week: #IGPL
Entry Price: 618.05
SL: 456.30
Position Sizing: 15%
Reason: Trading in Upper Channel and touched the strong resistance zone. The only concern is the Bearish Pinbar pattern that emerged in the weekly chart with high volume at the resistance zone.
NSE:IGPL