IGL trade ideas
IGL looks promising.Indraprastha Gas Limited looks solid for an upmove.
CMP. 403.65
TGT. 416.00
SL. 399.55
IGL LONG Stock has been corrected from a top 520 to 380 Levels due to bad result
Stock is showing strength at around 405 levels ,if this level are sustain then we can get good target of 450.
Discliamer: Invested in this stock around 402 with a stoploss of 390
IGL Swing call Hi,
I have given swing call on the basis of support and resistance
kindly like us and comment for your valuable views
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IGL BULLISH VIEWGo through Chart-
Buy above blue line.....SL = red dotted line....... tgt 1 and tgt 2 mentioned
IGL go long with 10% target ? huge Target small Stop lossHi guys this is Trader Kanishk
In this analysis of IGL we will discuss
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Indraprastha Gas Ltd. - WEEKLY CHART VIEW!!Indraprastha Gas Ltd. trading above weekly resistance zone and likely to stay positive until it stays above 400-405 zone on a closing basis.
RSI too witnessed breakout from the trend line.
Probable resistance in the medium term comes at 445-450 zone.
Keep a watch.
IGL LONG BET AS PER RSI DIVERGENCE IGL HAS BEEN IN DOWNTREND FOR SOMETIME. NOW THERE IS BULLISH RSI DIVERGENCE ON THE CHART.
IT LOOKS LIKE LONG VOLUME CANDLE CORRESPONDING TO TODAY's LOW PRICE CANDLE HAS EXHAUSTED ALL THE SUPPLY AND AFTER THAT PRICE STARTED MOVING HIGHER.
HENCE IGL LOOKS GOOD ABOVE THE TRENDLINE WITH STOP OF BELOW 381.
IGL - Setup for 24 AugBullish Harami Candle Stick Pattern. MA20 & MA50 Crossed above MA144 indicating significant uptrend.
