Indraprasthagas
IGL intraday and positionalNSE:IGL
IGL took support at the upward channel faced first pullback and currently halting at 38%retracement of the upmove
it is forming a good head and shoulders pattern in 5min chart
but buying volume is greater then selling volume on H&S formation.
5min close above 541.75 can trigger long and if 544 is also breached then I will hold for 2 to 3 days.
5min close below 537.6 can trigger intrdaya short with a target of 532
[GENIE IDEAS] INDRAPRASATHA GAS BOOM*TRIANGLE BREAKOUTS.MULTI TIME FRAME ANALYSIS I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. bye
#36 journal of my posts(GENIE IDEAS): Iam a breakout trader.I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on indraprastha gas, ubl , tcs ,exide, tata power.
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DISCLAIMER: THIS POST IS A JOURNAL POST. I HAVE LINKED MY PREVIOUS POSTS WHICH ARE STILL ACTIVE YOU CAN CHECK IF YOU WANT:)
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
SWING TRADE #8 IGLStock ( NSE:IGL ) looks bullish ,
important levels are
entry range : 400-406
stop loss : 380-390
target : 435-450
demand zone === support area
supply zone === resistance area
Disclaimer:
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material and is not any recommendation to trade based on my idea, put your money on risk. Trade based on your risk appetite if it meets your analysis else avoid it.
INDRAPRASTHA GAS IGL looking good for Positional TradingConsolidation seen in IGL, most awaited uptred jorney is pending Above 401 , stock might make a move to475.
Stop Loss : 380
IF CLOSE ABOVE ABOVE 401 and Sustain then we can go for long...
T1=410
T2=435 BOOK YOUR PROFITS HERE
T3=475
STOPLOSS=380
IGL - Bearish breakout in IGLNote: This is for educational purpose only.
Usually whenever there is a breakout (bullish/ bearish), the rally is strong. Reason being, a build up near support shows no more buying pressure coming in. In IGL, breakout is done with strong volume. Expecting further downfall.
IGL Long positional trade setup !Breakout done Today there is an analysis of IGL indraprastha gas limited.
we can go for a long positional trade by putting s small stop loss.
Buy IGL and go for a longer positional
But
After watching the full video till end
After confirmation of trend change
After following all the steps told in this video.
This is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
Buy IGL !! Go for a long positional trade.Hii this is trader Kanishk
Today there is an analysis of IGL indraprastha gas limited.
we can go for a long positional trade by putting s small stop loss.
Buy IGL and go for a longer positional
But
After watching the full video till end
After confirmation of trend change
After following all the steps told in this video.
This is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.