Above TrendlineFollow the process not money
Trend is one the best friend
Plan your trade and trade your plan
IGL trade ideas
INDRAPRASTHA GAS Is good for swing if break trend lineIGL if break the trend line and price crossed 200d-MA ready to buy ,TARGET-500rs,2nd target 600RS
Disclaimer:
For educational purposes only
Negative Breakdown1. Time line : Day Candlestick pattern
2. Regression Channel: Stock was following Regression Channel earlier.
3. Condition Match : Breakdown Candle formed with large volume. Now Exiting from Regression Channel.
4. Purpose: Study or Paper trade.
5. Disclaimer: Investment in Stock market is risky. Not a sebi registered. Invest only at your risk.
60% gain at 700 bullish on igl IGL has a strong financial an growing
Sales and revenue
Fall due to negative sentimental of EV theme.
But now it's time to bounce back as it's business support and making continue ATH SALES AND REVENUE.
CNP Pattern
RS positive
For long term
Possible gain 60%
Gov stock
PSU
IGL 4HLooking good for Long Positions. Can be traded on short side if it shows rejection and market seems weak.
IGL - BUYThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
BUY - 424
SELL - 489
Indraprastha Gas/ IGL Positional Long Setup - IGL is a stock which has a decent or sluggish movement
- Less volatility which also can reduce some volatile moves in your Portfolio
- From a positional perspective keep a stop loss of 390 if you entered around 403 with me
- I think this time the retracement can be a little small and demand-driven
- Enter partially at 406-408 keep your 50% fiat to enter around 394-401
- This way you will have a top-class average and a very good entry as well
- If you find this helpful kindly support.
IGL Swing Long Setup IGL is currently trading at a filtered demand zone
- From a Mid-Term perspective I am very bullish on this
- Accumulation Zones - 380-395
- SL shouldn't be more than 2-4%
IGL : Super Bullish PatternExciting Bullish Pattern Alert! 🐂
📊 Pattern: Hut Pattern
📌 Symbol/Asset: IGL
🔍 Description: Stock is around the support. We can see huge bounce from hereon.
350-370 is the strong multi year support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
IGL a clear reversal candidatereversal shown on chart with minimal SL for 10% and 20% gains in 6 months time frame
IGL - BETTER RR RATIOTrading in demand zone. After trend line break up we can expect good risk reward ratio.
Fundamentally strong stock.
Currently underpriced - PE Ratio -16
RSI strength showing positive divergence.
Let's grab in discount sales
Looking Better - 1:3 RR RatioIGL trading in the support zone. Tried to break out trend line. Couldn't able to do that on Friday. Let us see how it moves on upcoming days.
Fundamentally strong stock.
PE Ratio - 16 - Under priced
As you see in the RSI chart , we can see the positive divergence which is a positive sign.
So, it is in a discount sales, lets grab it.
This is personal view, so do your own analysis before taking any trades.
Happy trading☺
$NSE:IGL Generate Passive Wealth. SIP when herd is fearfulNSE:IGL Generate Passive Wealth. SIP when herd is fearful
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
IGL - Weekly AnalysisIn the Weekly Chart of IGL ,
we can see that; after breakout, it has consolidated for 5 weeks on the support level of 370-380.
Also, Bullish Pinbar is created .
Enter on breaking its high with Low as SL.
Expected momentum is shown in chart.
Near Support $NSE:IGLDear Followers,
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:IGL you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:IGL
Support Level- 365-370
Entry Point- 365-370
Stop Loss Point- 340
Target Point- 400,430,460
Time Frame – 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
This Information is only for Educational Purpose.
Best regards,
Ajay Metha
Long Correction is expected to take place in INDRAPRASATH GAS!Elliott Wave Analysis:-
In Correction wave a) wave took place and for retracement b) wave and still a little more correction was pending it seems to be. and the fall is expected from there.
i am not a SEBI registered advisor.
Before taking a trade do your own analysis or consult a financial advisor.
I share chart for education purpose only. I share my trade setup.
Breakout expected from IGL If the Breakout happens with a strong candle ...then stock can rally another 10% in 4-5 days
i - ii given by IGLIGL has given an impulse wave i and correction ii . Most probably is in the midst of wave iii.
IGL - long price is at confluence of 18,50,200 day EMA
symm triangle outbreak likley
target and SL marked
Indraprastha Gas Limited - Fully Bullish
Fully Bullish unless 455 is broken. Please adhere to proper levels and use other indicators like Williams R%, EMAs and SMAs.
Disclaimer: I am not a SEBI Registered analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. This is only for educational purposes.
IGL - Weekly AnalysisIn the Weekly Chart of IGL ,
we can see that; it is at decision making point.
Enter on breaking the Candle's high with low as SL.
Possible momentums are shown in chart.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: IGL
🔍 Description: Stock is rising in a channel and there mare multiples small pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Indraprastha Gas: Breakdown or potential rise ?Hello guys I am back with another Interesting Analysis.
This time we will discuss about Indraprastha Gas Ltd. in a very easy to understand and end of the section I will reveal my personal opinion on this stock.
Current Chart Pattern:
Currently, the stock is in an uptrend, following an ascending parallel channel pattern. When we examine the daily timeframe, it's evident that the stock has been consolidating within this pattern for the past 1.5 years.
Previous Price movement:
Looking at the weekly timeframe, the stock was previously moving in a rising wedge pattern. However, in 2021, it experienced a breakdown and underwent a correction of 50%.
Current price movement.
>>Since that decline, it has initiated an uptrend movement while forming the current channel pattern.
>>Recently, the stock experienced a 15% decline again from its peak and moved outside of its parallel channel pattern.
My Commentary on "will it fall or Rise".
So, When we look at how this stock behaved in the past, we see that after big drops, it often bounced back strongly. This time, the stock has fallen below its usual support area, which seems like a normal pullback. Interestingly, it found support at Fibonacci S3 (420 level) and started rising again.
Now, Looking at its Financial data everything looks great, The company is currently undergoing its highest-ever sales and profits.
To cut the Long story short, I'm still positive about this stock, considering this level as good opportunity. But when it comes to entry it is better to wait for a strong confirmation. Ideal entry would be when it breaks the 450 level with comparatively big green engulfing candle, we can take a small stop loss at 415 level to capture atleast 25%.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note: This is for informational purposes only. Do your own research before investing.
