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IGPL; Huge returns, strong@fundamentals, good looking chart pattern, Understandable. As per now it clearly in bull run If it cross above @640-645 the next resistance is @688-695; Short , long termit a good buy above @645 Plan according to the chart resistance & support.
IGPL has been consolidating for the past three months between 700-800 zone. It has given breakout today above 795-800.
Fundamentals- 1)A very attractive small cap company in the space of speciality chemicals. 2)Company is beating the sectoral growth rate, operating profit, sales etc YoY. 3)Numbers like Operating profit, net sales are doubling YoY @>20% 4)Aggressive expansions.. Technicals- 1)Stock is about to touch the all time high. Keynote-->Its a good stock that can be...
strong uptrend 61.8 retracement to latest swing will be a buying opportunity @ 520 target 900/1000