IGL trade ideas
Trend continuation Trend continuation entry point should be 406 and stop loss will be 402 book profit 412
#IGL CASH - LOOKS GOOD AROUND 405-407 SL 395#IGL CASH - POSITIONAL CALL
20.08.2020
LOOKS GOOD AROUND 405-407
STOPLOSS 395
TARGET 428/448/500
CMP 410.3
SWING TRADE #8 IGLStock ( NSE:IGL ) looks bullish ,
important levels are
entry range : 400-406
stop loss : 380-390
target : 435-450
demand zone === support area
supply zone === resistance area
Disclaimer:
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material and is not any recommendation to trade based on my idea, put your money on risk. Trade based on your risk appetite if it meets your analysis else avoid it.
IGL, Possible up move? CMP=410.30
50DEMA- 413.8
200DEMA-417.04
Today it crosses its 20days EMA and touched its 50days EMA with good volumes. it couldn't sustain above its 50dema. which is the first resistance in its upwards journey. good consolidation in the range of 385-390. now if up move sustains then we can see a good up move till 438 which is multiple time support and resistance line, also the Fibonacci retracement level (61.8). Both RSI and MACD are indicating bullishness. I publish carts of only scripts in which I am invested, this is only for study and knowledge sharing. this is not any kind of recommendation to buy.
S&R line is at price of 436 with small circles.
LongThe trade is based on significant demand zone, channel breakout and retest, and Fibonacci Retracement.
Positional Buy
Entry above : 398
Stop Loss: 334
Target 435/460/520
Duration: 20-30 trading sessions
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
IGL FOR LONGIGL: Stock fell, settled and made its base. Now Standing on the support of 10 SMA. It has also given a DOJI. Buy above 395.60 target-Open SL-391
IGLDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Indraprastha Gas Ltd - WEEKLY CHART VIEW!!Indraprastha Gas Ltd. is trading below weekly resistance zone.
It is likely to stay weak until it stays below 400-410 zone.
Technical parameters looks weak as of now.
Next important support comes at 350 level.
Keep a watch.
THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP.
CONTACT ME!!
IGL- Falling Wedge breakout.It has broken the Falling Wedge upwards. Very Bullish, target on the chart
INDRAPRASTHA GAS IGL looking good for Positional TradingConsolidation seen in IGL, most awaited uptred jorney is pending Above 401 , stock might make a move to475.
Stop Loss : 380
IF CLOSE ABOVE ABOVE 401 and Sustain then we can go for long...
T1=410
T2=435 BOOK YOUR PROFITS HERE
T3=475
STOPLOSS=380
IGL bullish look for restest of 384-386 levels for best entry . SL -375 . short term positional target - 453
IGL #INDRAPRASTHA GAS BUY LEVEL FOR 11/08Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction. Also leave the trade if it does not triggered in first 2hr as this is momentum based trade
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Indraprastha Gas Ltd. - WEEKLY VIEW!!Indraprastha Gas Ltd. witnessed breakdown and likely to stay weak until it stays below 400-410 zone.
Technical parameters looks weak as of now.
Next important support comes at 350 level.
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
CHECK LINKS IN MY SIGNATURE FOR WELL-RESEARCHED CALLS!!
INDRAPRASTHA GASAbove 390 , stock might make a move to 400.
Stop Loss : 386
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
IGL Elliott Wave Theory PerspectiveDo not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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