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Indraprasthagas

Gas Sector Gathers Steam: IGL & MGL's Future Open Interest JumpsIGL ● The stock has undergone a consolidation phase, formed an Ascending Triangle pattern. ● Following a breakout, it surged to an all-time high near ₹570 before experiencing a decline. ● Currently, a Rounding Top pattern has emerged, and after a gap down, the price is testing its trendline support. ● Importantly, there has been a notable increase in future open interest of about 25%, indicating that investors are eager to purchase at more favorable price levels. MGL ● After encountering resistance around the ₹1550 level, the stock price dropped to ₹1200. ● From this support level, it made a strong recovery, breaking through resistance to achieve an all-time high close to ₹1990. ● However, selling pressure has led to a pullback to the previous breakout level. ● Like IGL, MGL has also experienced a significant rise in future open interest of approximately 16%. ● This trend suggests that investors are interested in accumulating shares at a lower price.
NSE:IGLLong
by GoodluckCapital
Indraprastha Gas/ IGL Positional Long Setup - 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 around 394-401 - This way you will have a top-class average and a very good entry as well - If you find this helpful kindly support.
NSE:IGLLong
by VKtradesimbalance
Two Fundamentals Ideas: EIL and IGL EIL : Engineers India Ltd (# NSE:ENGINERSIN ): CMP: 83.25 DVM (Durability - Valuation - Momentum) score: 60-43-68. Consensus Price target for 1 year: 100 (19% upside). Reasons: 1. Engineers India Ltd.'s Revenue was higher than average estimate 2 times in past 3 years 2. EPS is expected to grow by 4.2% in FY23 3. The consensus recommendation from 5 analysts for Engineers India Ltd. is STRONG BUY IGL : Indraprasthe Gas ( NSE:IGL ): CMP: 416 DVM (Durability - Valuation - Momentum) score: 60-40-57. Consensus Price target for 1 year: 500 (20% upside). Reasons: 1. EPS is expected to grow by 12.2% in FY23 2. The consensus recommendation from 30 analysts for Indraprastha Gas Ltd. is BUY 3. Only concern: Indraprastha Gas Ltd.'s Revenue was lower than average estimate 2 times in past 3 years
NSE:IGLLong
by pradipandsuvra
IGL: On the verge of breaking outIGL - Since Nov 28, the stock has seen some consolidation at current levels - 21 day EMA and 63 day EMA are at 430 and 415 respectively - Once above the red resistance zone, the stock can potentially move towards 480 / 502 levels Depending on your risk appetite and time horizon, you can use the 21 day EMA or 63 day EMA as SL Take care & safe trading...!!! Like and share if you find the analysis helpful Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:IGLLong
by indiamarketoutlook
IGL near a break out of inverted head and shoulder pattern.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 after the break out of the pattern. 3 point confirmation. 1. Consolidation near break out level. 2. Bullish moving averages crossover on weekly time frame. 3. Retest of 20 DMA level. The markets are in a bull run and the stock can follow the trend once it starts trading above 446 levels. Targets :- 471, 510 Stop loss :- 438 Wait for the price action near the levels before entering the trade. Intraday and swing trades can be initiated in the stock once the level 446 is crossed convincingly.
NSE:IGL
by Mambotrade
Flag and pole formation in IGL. 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 highs. A swing or intraday trades can be initiated after the break out of the flag. The view on the stock is bullish and only take a trade on the break out of the flag. Target :- 440, 460, 471 Stop loss :- 415 Stock will follow the index, keep a look at the oil and gas index too.
NSE:IGLLong
by Mambotrade
1
INDRAPRASTHA GAS - Now Its Reverse Pall and Flag PatternINDRAPRASTHA GAS - Now Its Reverse Pall and Flag Pattern AM SHARING MY VIEW ON IGL (INDRAPRASTHA GAS). Its Consider After GOOD BREAKDOWN WITH VOLUME IN Reverse Pall and Flag Pattern , SELL :- Below 350-48 SL :- 380-85 for Short term AND Long Term *** Target *** 1st :- 328-25, 2nd :- 305-300 (Stong Support) SO Trail Your SL after 300 (March 2022 Result Positive Compare to last year) 3rd :- 285-80 Very less Chance But IF All 3 target done and than after any Negative Chart Pattern here than after, LONG Term SHORT LAST TARGET :- 245-50 Just sharing my view on INDRAPRASTHA GAS . Its for Learning Purpose . "Passion with Chart, Know with Heartbin"
NSE:IGLShort
by HKCompany
Simple Trade Setup | IGL | 12-10-2021 [INTRADAY]NSE:IGL Observations: 1) On 1 day time frame, we can see that now it is at very critical level range. It is make it or break it, now. If it took support then we can see good reversal for uptrend. But if it fails then the down move continue. Please refer below chart : 1 day Time Frame. 2) On 1 hour time frame, we can see hidden bullish divergence as price is made lower low but RSI made higher low. Please refer below chart : 1 hour Time Frame. ------------------------------------- Trade Setup for Date 12-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:IGL
by Trading_hawk
4
🔥 IGL. What You Are Getting By this view ,Tell us in comment.NSE:IGL let's make this analysis a bit interactive. As per this technical analysis #igl share at support if we can find reversal at this levels then igl share might fly from here. Tell us in comment what you are getting from this view. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:IGLEducation
by linesandlevels
2
Simple Trade Setup | IGL | 04-10-2021 [INTRADAY]NSE:IGL Observations: 1) On Daily time frame it has closed above 200DMA which is placed at 529.62 level. Please refer below chart : Daily Time Frame. 2) On Daily time frame, it made morning star candlestick pattern. For positional long trade for short/mid term, one can take positon on breakout of 535 level for target of 558,571,590 with SL of 520. Please refer below chart : Daily Time Frame. ------------------------------------- Trade Setup for Date 04-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:IGL
by Trading_hawk
Indraprastha Gas Trade ideaBrokerage targets 2021-07-07 Prabhudas Lilladher Buy 561 662 2021-07-07 ICICI Direct Hold 550 595 IGL underperformed the broader index by 20% over last one year, as restricted vehicular movement during pandemic hit FY21 CNG volumes by 22.5%YoY (CNG accounts for ~70% of IGL’s overall FY21 volumes). However, we expect CNG sales to rise going ahead given 1) receding pandemic concerns, 2) expanding vaccination coverage, 3) continued preference for personal mobility, 4) favorable fuel economics (CNG ~70% cheaper to petrol) and 5) introduction of 1,000 new CNG buses in Delhi will drive 23% CAGR volume and earnings over FY21-23E
NSE:IGL
by swingtrade_secrets
1