IGLif this pattern is valid expecting target 540 to 530
it it breakes above 585 expecting new high above 600+
IGL trade ideas
IGL Bounces off SupportIGL has bounced from its Trend line support from where it has bounced multiple times in the past as well. This bounce also coincides with 200DMA support. We are bullish on this stock with 560/580 as short-term swing targets.
IGL swing trade idea#IGL Swing buy in the range of 545-548 for the targets of 560, 570+ with SL below 536. #SWING #POSITIONAL
IGL - Head & Shoulder setup Good setup for up move
Formed Head & Shoulder
Moving average of 55 also supporting for trustable move
Indraprashtha Gas Ltd - Cup and Handle ContinuationCup and Handle Continuation. Wait for a breakout with volume confirmation
IGL Breakout buying side for IGL
igl get out from regression chennel
macd +ve buying indication
price also running above 50, 200 daily moving average
recently taken support on 200 SMA
IGL longThe stock is about to break its upper resistance zone at 560-565. Once it crosses it targets will be 600 and 623 as shown in chart.
IGL -- Finally moving to ATH ???IGL looking strong on charts
Breakout done and expecting 580 as initial targets.
Target 1: 580
Target 2: 620 - 650
SL: 540
Price action with support resistance breakout trade EDUCATIONAL553 is resistance On hourly if it break 553,
T1- 560, T2-580 for short term.
With refernce to RSI and Ema 50 and Ema 60, if nifty is in positive side buy for atleast 5% stop loss will be last swing.
IGLStock market trader. I'm Not SEBI Registered and the services i'm providing for the educational purpose only. Trade on your own risk and consult your financial adviser.
[POSITIONAL] IGL LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
Elliot Wave Projection of IGLThis is the projection of IGL using Elliott wave analysis. All levels mentioned in chart.
#IGL Cash : Looks good above 541.10#IGL CASH -Positional for 3-4 days
12.08.2021
Looks good above 541.10
stoploss 528
Target 554/568
Cmp 536.65
#IGL bullish harmonic updated Bullish Bat Pattern
(Long Term Invested in CASH- Add in parts
PRZ-515.
Add 30% near 520
Add 30% near 515
Support 500
CMP:535 @ August 6,2021
LONG IGLSwing trader mush include this trade in the portfolio.
with a stoploss of 508 for the target of 5-10%
igl - buyBuy from cmp to 508
easy target 535
Disclaimer : This is my personal analysis for study purpose not intended for trading
GAS EXHAUSTED!!Seems so. Everything on the chart. However this is my take- not a trading recommendation. Do your own analysis before jumping into action.
