IGPL This low PE stock looks great for healthy 30-40% returns in next 1 year. Rise in volumes seen on charts. Watch Out!
2.21%
35.50INR
2BINR
23.523BINR
8.274M
About I G PETROCHEMICALS LTD.
Sector
CEO
Nikunj Shyam Sunder Dhanuka
Headquarters
Mumbai
Website
Employees (FY)
809
Founded
1988
ISIN
INE204A01010
IG Petrochemicals Ltd. is a holding company, which engages in the manufacture and sale of organic chemicals. It operates under the India and Outside India geographical segments. It offers Phthalic Anhydride, Benzoic Acid, and Maleic Anhydride. The company was founded on October 18, 1988 and is headquartered in Mumbai, India.
IGPL - Breakout after 200+ daysDetailed View about this Breakout:
No.of Resistance: 3
No.of Support: 3
Consolidation Days: 200+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Ascending triangle pattern - IGPL looks good!Here's a breakdown of Daily Chart analysis go NSE:IGPL :
Pattern Description: An ascending triangle is formed, there is a combination of higher lows and a constant upper resistance level. The higher lows suggest that buyers are becoming more aggressive over time.
Buyer Aggression: The patte
Swing Trade Buy IG Petrochemicals LtdAs Per Swing trading Analysis IG Petrochemicals Ltd ( IGPL ) Looks Bullish it will try to take Support Near 405-400 Level and If its break then possibly it will test 380,
Considering This we can Buy Some Shares near 415-420 level and if its Break 400 then will add some more qty in that Range.
Targ
IGPL waiting to settle to form support to go LONGAs per my study and analysis, I find this for education purposes only that its not any buy recommendation.
I found that the trend line resistance was broken and support was taken but at the same time the pattern formed seems to be a cup and handle pattern in charts which after break out would just b
IGPL IS READY?DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or
Downtrend channel trading set up1. Chance are less to continue this downtrend channel
2. We soon can expect a breakout
3. Sure Entry is after breakout/ Early entry has it high reward for early risk
4. RR is 1:8+
5. Price is also reversing from FIB 61 golden ratio
IG Petro - Price rise in commodityPhthalic Anhydride where IGPL is the market leader prices have shot up from 90's to 120 in the last week. The stock hasnt moved in the right direction yet..but the price is close to the channel bottom.
Ideally i'd like to see the stock make a double bottom around 400 with a triple positive RSI dive
IGPL - LongIGPL - the price is at the bottom level of range which is already used to be a resistance now the RSI is showing a positive diversion.
Plan your trade as per your risk appetite.
I'm a stock market learner and not a saviour registered advisor
Breakout in IGPLBreakout in IGPL
Entry: Above 637
Targets: 815
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
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