igl , looks good as per channel !!!IGL in the channel + flag looks good as taken support today ,
can follow on twitter for real time updates .
do your own analysis before any follow up .
thanks. :)
IGL trade ideas
IGLMy Favourite pattern for Intraday Trading.. ( Check out my prev post of IGL ) With this strategy...
Most profitable pattern...
Buy and Sell ... Levels mentioned in chart..... Do your own analysis...
.......
Comment Your Views.... Up or Down ??
.......
Thank You,
Vishwajeet Sharma
Prev Post Idea...
Most Profitable patternMy Favourite pattern for Intraday Trading..
Most profitable pattern...
Buy and Sell ... Levels mentioned in chart.....
.......
Comment Your Views.... Up or Down ??
.......
Thank You,
Vishwajeet Sharma
IGL Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
igl eodbrn 500 is the only round nummber many confluences for going long bias.
good with 475 sl once cross 500
IGL - Short Setup - Selling MomentumDeveloping Price Action in IGL is indicating a buildup of momentum on downside.
Initiate sell.
Target : 390
Stop Loss : 465
Indraprastha Gas Ltd. - DAILYIndraprastha Gas Ltd.
The stock is taking support at 100 SMA in the daily chart and likely to see short term bounce until 440-445 zone is protected on the downside.
Technical parameters look neutral to positive as of now. The next resistance is 460 & then 480.
If prices break the support one, it can move down to 398.
Keep a Watch!!
IGL Short Trade Setup Big Breakdown Coming Trading SeasonSell June Future Positional
Below ~ 450, Stop ~ 465, Target ~ 340, Lot Size ~ 1375
IGL Daily Analysis 01 April 2020S/R Marked on the chart.
Smart Money
Marked Up price out of range on
15 Jan 2020
offloaded to weak hand on
07 Feb 2020
13 Feb 2020
18 Feb 2020
Fake Move on 13 Mar 2020 as following candles are down with abv average Vol.
01 April 2020
Closed below 200 DEMA with less Vol suggests Smart money not interested for now.
IGL.. bulls bye byeIGL has most likely forming a gravestone doji or an evening star pattern on weekly charts.
weekly close below 458 will be bearish for the stock
SL 500
IGL Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
IGLTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
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