IFGL Exports IFGL Refractories Superb Results came !! I think flag breakout should come on next session and stock shud really perform well here on.. I have already mentioned my buy date and also my plan in this stock
IFGL EXPO.. Companies or say leader company in refractories sector. Chart is not bad at all.. its consolidating after a huge rally.. Rest , The chart is self explanatory and notes can help u decide.. Risk Reward Ratio favourable.
Stock Name - IFGL Refractories Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 380 #This is not Buy and Sell recommendation to any one. This is for education...
IFGL can give good returns in long-term but don't forget to place your stoploss at 235
NSE:IFGLEXPOR BSE:IFGLEXPOR Time Frame – Weekly Observations :- * Trading near fibbo 50% support zone * Taking trendline support * Consolidation & range formation possible between 240 – 300 zone *Weekly 200 SMA strong support * Dry volume seen. So Quick move may be possible * If sustain above 290 then good upside possible Resistance – 300 / 330/ 355 /...
IFGL exports is consolidating since last year and forming descending triangle pattern. Seems stock has create a good support around 240-250. Now trading on the verge of breakout level. Keep on radar for closing above 282. Can accumulate at CMP also.
Observation: 1. High Volume while moving up & going down with very less volume 2. Interesting support and pull back in 260 Price Range with good volume. 3. Bullish Sector Note: I'm just a beginner in technicals.
Weekly time frame channel breakout,looking good for quick sprut
Breakout Happened Today 11 Jan Multiple Tops CMP 337 Target 1 350 Target 2 390 Target 3 422
Broken out and consolidating now Broken out and consolidating now Broken out and consolidating now
1- Stock has been forming channel pattern and broken with good candle. 2- Almost seven touches at the top and three touches at bottom 3 - successfully retested with respect to my trendline 4- one can enter with stop loss of broken candle low 5- And the target always depends on price action , actually I don't set target, I do take exits depends on...
Weekly Breakout go long very good fundamental share
Can give a good swing because of the trendline breakout and good volumes. CMP 312 Target could be 345.
Hi fellow trader, I have marked all the points I have considered and can see accumulation volume in the trade. It is a high reward low risk trade if played well post the channel breakout. Keep your charts and mind clean! Shoot any doubts if you have. Regards, Abhishek Singh
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Enter @ CMP Put SL below red line, Strength is volume and RSI do study fundamental chart showing strength for long.Target is (as per Emotions) Happy trading.