IGL POSITIONAL SHORT CMP 310 SL 323 TARGET 275-265I think IGL is a positional short with target of around 275.
IGL trade ideas
IGL || SHORT || INTRADAYSell 307.5 SL 309
Targets 305, 303, 300
OR
IGL AUG 305/300 PE (8.10/6.40)
Targets 10/11/12
IGL weekely charting!!! Last 2 weeks, we have seen a major fall in the Index. But this counter IGL succeeded in making a higher low and will make a new weekly high tomorrow. Once a close above 312.10 will boost this stock for short term targets of 337. The 2 green lines are very strong supports, all red ones are targets/ resistance and the last blue line is the break level!!! A pure gem stock for investment aswell.
HUGE Possibility of UpMoveSWING Setup: Can move to 320/345. Overall trend is up we can see bounce on support zone or on trend line. Do wait for levels to come down and touch them. Entry can be done between 302-305.
VIEW INTACT.
SWING UP for 320/345SWING Setup: Can move to 320/345. Overall trend is up we can see bounce on support zone or on trend line. Do wait for levels to come down and touch them. Entry can be done between 302-305.
iglanother hns in formation
neckline 296
200 dma 288
one can short at cmp with 312 sl for neckline target and below(if breakdown comes)
once necline breaks 10% fall easily achievable
Hourly up trendPrice staying above 321 can be good buy for 330/342. Hourly looks good can also trade channel of 320-317.
IGL LOOKING POSITIVE FOR INTRADAY AND POSITONALIGL LOOKING STRONG ON CHARTS , RSI IS SHOWING POSITIVE DEVIATION . IN PREFER LONG POSITION FOR BOTH INTRADAY AS WELL POSITIONAL
Intraday call for 15/07/2019
BUY : IGL
CMP: 312.80 - 313.20
SL: 308.90
Target : 314.30 , 317.30
SAI TECHNICAL ANALYSIS
IGLPlain channel chart... Resistance seems strong at current levels.
Let's wait and watch (and see how monk does)...
IGL IB long PDHTaking support from small trendline
Highest Put OI at 330
Cruder shot up
Formed IB yesterday
long on PDH with PDL as SL
IGL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
IGL - AB=CD At Support.At Support Of Trend Line.
200 EMA Support.
Fibonacci Support.
RSI Divergence.
Potential AB=CD...
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
