IGL Hourly Chart breaking from H&S pattern 6% upside possible.IGL Hourly Chart breaking from H&S pattern 6% upside possible.
LTP - 555
Targets -590+
SL - 535
Timeframe - 1-2 Months.
Happy Investing.
IGL trade ideas
IGL breaks 2.6-year resistance—bullish momentum building ✅ The stock has recently broken above a 2.6-year-old resistance level, which had been a major hurdle since early 2021. This breakout indicates the potential for a significant upward move if the stock sustains above this level.
✅ The 8-year-old strong support trendline has been a critical foundation for the stock, consistently providing a base for upward movements. The recent bounce from this trendline further reinforces the long-term bullish trend.
✅ The stock also shows a potential double bottom pattern which is a bullish reversal signal. This pattern adds further confidence in the breakout and the potential for more upside.
✅ The RSI is currently at 68, approaching overbought territory. A continued move higher in the RSI would confirm strong bullish momentum, supporting further gains in the stock.
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : On result day trail your SL at 15Min Time Frame
IGL - On Radar for bullish biasAt strong support area
In strong accumulation
Breakout possible
Weak below 468
Possible upside 520-40
IGL BULLISH BREAKOUTIts a up flag breakout.Breakout is happened after a long consolidation with huge volume. keep stop loss on weekly closing basis.
IGL Positional LongDate : 06-03-2024
Buy IGL above 477
Target of 511-545-578-612-813
SL 402
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks to months
Please consult your financial advisor before investing
All research for educational purposes only.
Igl may reversal from hereThere are chances of igl that it may reverse from or near this level in coming days . We may see price near 454 level .It may trap some people seeing bullishness.
IglIgl is good for the target of 537 for short term.
Result ahead may it surprise.
Above macd and 60 rsi.
MACD Crossover Swing Trade - IGL📊 Script: IGL
📊 Sector: Gas Distribution
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 504
🟢 Target 🎯🏆- 535
⚠️ Stoploss ☠️🚫 - 489
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
IGL - long for 15 %fundamentals - decent valuation at current price
on higher time frame
- price is at confluence of 200,50,18 week EMA
- price forming symmetrical triangle
on daily time frame,
price is at confleunce of 200 ,18,50 day EMA while 18>50>200 day EMA (bullish indication )
price taking support twice at 200 day EMA is a positive sign
inside bar formation above 200 and 50 day EMA (18 day EMA is still acting as resistance ).18 day EMA has to be crossed up with good volume fro a rapid upmove
overall bullsih ( 7.5/10)
target and sl given
IGL ready to run!Smaller inverted Head and Shoulder breakout done, retested and follow up move came. NSE:IGL is now ready for a bigger breakouts and further upmove in coming weeks.
13 Monthly time frame breakout ideas for July MarketsI daily make educational content videos for swing / positional trading
IGL TARGET 563 STOP LOSS 489Script is monthly double bottom neckline breakout and in day raising wedge resistance line breakout with bullish engulfing. In one hour sustained above the resistance of 500. Next target is 563
BB Blast Scenario- Major Breakout and Ready for Big Gains ✅The stock is in a BB Blast scenario, breaking out strongly with volume. stock has broken above the upper Bollinger Band, indicating strong bullish momentum. Increase in volume confirms strong buying interest and bullish sentiment, supporting the breakout scenario.
✅A leading player in the natural gas distribution sector, the company has a strong presence in the Indian market. Continuous expansion and innovation provide a competitive edge.
Amazing breakout on Weekly / Daily Timeframe - IGLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
igl break out Igl breaks out after 2.5 years level. the level is 516 if breaks and sustain above level can be moved UP.
target 1- 544
target 2 - 566
sl - 487
follow risk reward
Disclaimer -
videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor.
IGL LOOKS STRONGigl looks strong on monthly chart
Looking good fro swing trade
#CHALEGA BABAAAAAAA ##
IGL LOOKS STRONGigl looks strong on monthly chart
Looking good fro swing trade
#CHALEGA BABAAAAAAA ##
IGLStock with always a strong momentum is in a breakout region. Once the stock breakout at the 478 level and sustains this week, there could be a positive uptrend for this stock with easy RR of 1.45.
