IGL - Symmetrical Triangle Breakout ViewIGL :
Symmetrical Triangle Breakout Done
Long above 547 and add in dips till 535 with SL 520
570 seems feasible
IGL trade ideas
IGL Daily Analysis CMP 542.5 buy for Target 560-575- 590 - 600+IGL Daily Analysis CMP 542.5 buy for Target 560-575- 590 - 600+
ad some more if get @ 525-535
Sl below 500
IGL Chart is looking good Igl the gas sector stock is looking good on chart and it's making flag and pole pattern
good opportunity
Opportunity in IGLIGL the gas sector stock
Good stock to buy for positional as well as swing trade
It's just a ABC correction
Now its making flag and pole pattern which is high probability break ought trade
IGL No trading zone between 481.20 – 530.00
Buy above 530 n Sell n below 481.20
•Simple price action analysis
IGL: Wave C unfoldingIt seems that after Impulse down we are now in a corrective phase which is unfolding as Zigzag. We have completed Waves A & B so far and Wave B retracement is around 0.618. So now we might be going for Wave C which can extends 100% of Wave A. This gives a logical target around 540-545 levels.
IGL to take long entryIGL stock to take long entry above 515 for the target price of 570 with the SL of 475. Today at closing day bullish engulfing candles have been seen & expected to touch as per defined target. This is for your educational ideas only.
IGLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IGL: Back to valuation zoneIGL is now trying to test its 200 EMA and a previous support zone which has not been tested previously.
One has to wait for bullish candle stick at support zone. The entry should not be taken before that.
All levels are mentioned on the chart and are applicable only when a bullish candlestick pattern is formed on the daily time frame.
DISC: For educational purposes only.
