Current - Uptrend Trend reversal - Head and shoulder expected but if the candle closes above 575 then we can see the trend to resume its direction (up). Found support at 1hr timeframe with Bullish RSI divergence. I expect the stock to move up to at least 572 before moving down Traget - 572
go long with 0.75 with risk and rr of atleast 1:2 go long with 0.75 with risk and rr of atleast 1:2 go long with 0.75 with risk and rr of atleast 1:2 go long with 0.75 with risk and rr of atleast 1:2
IGL : Looks Strong for breakout Long above 595.5 with Support at 580 and 575
IGL 15 min time frame analysis Traders can go for swing trade for this one . See the movement and Go long and follow proper stop loss *We are not SEBI registered This is only for educational purpose. Please consult your advisor before making any trade or investment
INDRAPRASTHA GAS (IGL) IS MAKING FLAG AND POLE PATTERN The flag and pole pattern is a bullish pattern . Pole represents the trendy market and Flag represents the consolidation in a tight range. Flag patterns have five main characteristics: 1. The preceding trend 2. The consolidation channel 3. The volume pattern 4. A breakout 5. A confirmation where price moves...
On July 25, 2021 Shared IGL to buy between 538 to 545 with the stop loss of 515 with breakout confirmation on 580 and today it closed above 580. Last time also I shared the same stock on June 29, 2021 however it did not closed above 580 and returned back Hopefully this time it may give good move
The chart analyse candles pattern , resistance breakout with volume , ascending triangle and moving average support. Advice : Entry will be retest level (if any) with restrict stop loss
down ward channel break trend reversal down ward channel break trend reversal down ward channel break trend reversal
Shorf below BOS if goes up there should be a long opportunities
well, not in mood to explain but here's the breakout take trade accordinly
Target:- 706 Stoploss:- 575 Duration:- 3 to 5 Weeks ✅ The stock has already breakout through the resistance line and showing a bullish candle and it is a Ascending Triangle where support line is in upslope and resistance line is in horizontal position. Which is proper indication of upside move, so we can buy this at market order. Use proper stoploss and...
if this pattern is valid expecting target 540 to 530 it it breakes above 585 expecting new high above 600+
debt free company . IGL is treding in bracket I hope it will give break out soon .
IGL 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 buy in the range of 545-548 for the targets of 560, 570+ with SL below 536. #SWING #POSITIONAL
Good setup for up move Formed Head & Shoulder Moving average of 55 also supporting for trustable move