IGL is clearly seen respecting its support line in the past.
This can be a good risk reward ratio entry, wait for formation of any bullish candlestick pattern on support line like morning star, bullish harami, bullish engulfing , hammer etc.
After completion of pattern long trade can be taken here.
Note : If support trend line breaks downside, avoid taking trade...
All of the technical indicators give possible entry and exit points. The forecasting accuracy isn't 100%
Believe in Price action.
Comment for any queries or suggestions.
Make it in the trending section so people can learn how to trade 😅.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Time frame day .
start from 14,159
1st pole 15,967
consolidation ( please check the box )
again I clone the same pole and add 100 points as a buffer now 2nd pole is completed
again I copied the box from the last box I came to know 17502 is the ultimate Breakdown level.
upper side 18416 and add 100 buffer almost 18516.
this calculation is based...