IGL trade ideas
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.
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.
What do you see in IGL?What do you see in IGL? Any break out above resistance would be great for Bulls. So keep an eye out for confirmation and don't forget your Stop Loss
Bullish chart Closing above 339 is important for having a target of 421 in intermediate term. Support at 301
#IGL, #1yearFor the Long term investment purpose
I have found the intrinsic value for IGL @217.70 but the current price is above this rate. we just have to do wait and watch.
There is a very strong support level @313.85-300 if price break and global cues not support to energy sector so we have to wait until below best entry (Demand) level
Best demand level found @ 222.10-210, Stoploss@ 204.50
IndraPrastha Gas @ Weekly Supply zone + Bearish Butterfly CMP 3IndraPrastha Gas @ Weekly Supply zone + Bearish Butterfly CMP 330
Good Shorting levels 340-350 SL 365 ( daily time frame candle closing basis)
Targets - 320- 310- 302- 294 - 283+
IGLIGL -
Daily TF - Broken upwards price channel.
Has reached ALL TIME HIGH resistance levels.
on 4 HR TF also channel break has occurred with small retracement.
Ideal buy will be around 342 - 343 levels for target of 350 levels.
Sl will be 340.
Sell on reversal This one is moving up for last push , One can look for short selling in Future on reversal in sight
