looks good for discounted buy @ current levels 480 target 651 C&H pattern break out small SL =451 closing daily closing basis, great risk to reward ration now.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
IGL Cmp 474 dated 29.10.2021 1. Bullish Candle @ support. 2. RSI Divergence. Buy for a tgt of 495-505-525-540-555 SL 450 It is just a view, pls trade at your own risk.
IGL is near in its support zone if its cross the level of 500 then it can be buy with sl of 430, target is 540, 580, 650
forming w pattern again, looks almost similar as 1st, will wait for confirmation while it create second bottom for entry, target will be completion of second arm at 535-540.
IGL is AT Major support level and from here it can be trend reversal if you see in last trading session a good bullish engulfing candle is form which good sign and if can see the RSI is already in oversold zone after a long time so from here only it may move upward for various level see the chart as i mention all the level there. Happy Trading
IGL has reduced in price by almost 23% from it's previous swing high and now is a great opportunity to buy as the stock is on weekly as well as daily trend line support enter around the price of 466 for Target 1 - 517 and Target 2 - 573. I would recommend reducing position at half at T1 as it is a good resistance and price can fall again from there, if price...
IGL should have completed correction and can move up from here. good risk reward ratio at this point of entry
IGL has broken a trendline and 50 EMA with strong candle. It will surely take support around 200 EMA i.e. at price around 425. Target is 425 with SL of 493. This view is for educational purpose.
igl is ready for bounce back currently stock is in oversold zone which produce very good chance to bought if you can see RSI fundamentally strong company from here igl can give you returns upto 50% fib retrach shows the various targets please do yours analysis before taking any position
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Will Fall... Selling Wick at Resistance won't make the stock go UP
Looks to be a triangle breakout in day chart for IGL with good risk to reward ratio IGL BUY at 525-510 target 593 SL 498
entry can be done at current levels after confirmation candle is formed this week...
Buy IGL in the range 487 to 496. Average down @ 349 to 365. SL 315. Target } 586+. IGL has intermediate S/R @ 487 to 496 with a major S/R at 349 to 365.
Market Analysis Live Challenging Stock Market Analysis Buy IGL @ 528.40 Target @ 597.00 #stockmarket #IGL #sharemarket
trade can be executed based on only trend line /support and resistance with out indicators . things to be noted : 1. formation of horizontal base support price 2. lower supporting trend line near to base support 3. keeping simple price support below trend line as stop loss on closing basis 4. targets will be every major resistance formed earlier in...