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INDRAPRASTHA GAS LTDINDRAPRASTHA GAS LTDINDRAPRASTHA GAS LTD

INDRAPRASTHA GAS LTD

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IGL trade ideas

How to Do Swing trading in IGL ✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ $$ Important logic used: Symmetrical triangle on the resistance of monthly zones = signs of accumulation of price to make the sellers go away and break it, symmetrical triangle showed that both sellers and buyers had same strength near the resistance zones, bulls won the tug of war and thus the stock seems bullish for a while at least, swing trade can be activated here with a Risk of 4% and targets of 4% and 8% , enter the trade as per your setups and risk management only and analyze more than once and think wisely before taking the trade :) Happy trading fella ✺--------------------------- Motivational and psychological area ✺ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions, and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) ✺------------------------------------ Some info-------------------------- ✺ ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<< Thank You Have a Nice Trading Day >>>>>>
NSE:IGLLong
by Averoy_Apoorv_Analysis
2
Indraprastha Gas - Channel PatternIGL stock trapped in a channel pattern and now it's in a bearish trend, so give an entry with appropriate Stop loss Since it's a FO stock shorting, You shall prefer for intraday shorting in the intraday equity cash market or going short in the Future and option market Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
NSE:IGLShort
by PrakWorld_Traders
5
Emotions You Also Have To Deal With !Hi Friends and Traders, Thought of sharing this interesting trade that really tested my patience and invoked all sorts of thoughts (that one has to control) to win over the markets. Perfect Entry Good Risk to Reward Market was not in the mood to reward me yet :-) Went completely sideways for almost 20 days Stuck with the trade as the price was in HH , HL formation and way above my SL levels As per my analysis 140 level was crucial and breakout above that was needed to sustain at higher levels Stock attempted multiple times and my conviction grew However as time progressed , movement became more sluggish Stock started making LH , LL Swing Highs started moving lower Crucial Support Zone started being tested by SELLERS multiple times No Matter What My Initial Exceptions Were - Market was NOW indicating that It has no Steam left to give me the MOVE I expected...Expiry was 2 days away and margin requirements would HIT THE SKY. IT WAS Time to Cut The Trade - All and All a PROFITABLE TRADE (approx. 10 K Per Lot) Lots of Learnings that a starter should take from this : NEVER EXIT YOUR UNLESS YOU HIT STOP LOSS OR TARGET PROFIT DO NOT LET YOUR THOUGHTS MAKE YOU DO TRADING ERRORS DO NOT OVER ANALYSE THE TRADE ONCE YOU ENTER TRADE WHAT YOU SEE AND NOT WHAT YOU THINK CONTROL YOUR EMOTIONS (FRUSTRATION , PANIC , ANGUISH , GREED ) P.S: ROLLOVER TO JULY ON THE CARDS
NSE:IGLEducation
by FourSTechnicalAnalysis
Indraprastha Gas Ltd - IGL - Multibagger in MakingIndraprastha Gas is engaged in the business of city gas distribution presently operating in the National Capital Territory of Delhi including adjoining areas of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut (except area already authorised), Shamli, Muzaffarnagar, Karnal and Rewari. FUNDAMENTALS: > It is a Large cap company with a market cap of Rs. 37,541 Cr. Yes, today we are going to talk about a Large cap company. > The ROCE is at 30% and ROE is at 26% which is very impressive. Positive. > Stock P/E is at 30 which makes the valuation a little costlier as compared to the sector P/E at 27. > Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 12.81%, vs industry avg of 7%. > Increasing Market Share: Over the last 5 years, market share increased from 4.66% to 6.08%. > Lower than Industry Debt to Equity Ratio: Over the last 5 years, debt to equity ratio has been 0.36%, vs industry avg of 22.68%. > Higher than Industry Current Ratio: Over the last 5 years, current ratio has been 138.73%, vs industry avg of 96.17%. > It is a debt free company. This is the most important line item to investigate in any of the company balance sheet before investing. > Very robust Topline and Bottomline, continuously increasing on YOY basis. > The company have huge cash reserve, approximately 70% of it’s Net Worth. Increasing continuously. > The company has maintained its Operating Profit Margin (OPM) approximately 25% since last 5 years, that's like a super profitable company, company has also delivered good profit growth of 21.44% CAGR over last 5 years, again a positive sign. > FIIs and DIIs are heavily invested in the company, almost 40% of the total holding taken together by both the parties. TECHNICALS: > Stock was consolidating since Feb 21 and took support at 494 levels in short term. > It is looking very strong on chart now and slowly started making higher highs and higher lows. > Trading above 100 DMA and about to break 200 DMA. > It is clear from volume at the bottom that accumulation is going on in the company on regular intervals and bull run will continue for long. > This is a portfolio stock, gas distribution is going to be the business of future. It will continue running for at least 3-4 years to come. IGL is in the business of gas distribution and LIKHITHA (analysis posted earlier) is in the business of developing infrastructure for gas distribution. Related business model. FRESH BUY - AT ABOVE 549 OLD BUY - HOLD TARGET – 1600 (+300%) Risk Management Tip: Never invest more than 5% of your capital in any single stock. Happy Investing! ShareMktSchool
NSE:IGLLong
by ShareMarketSchool
2
Indraprastha Gas👉IGL just broke the triangle after so many days. 👉It is retesting and seems like it will soon form a bullish pattern. 👉All the records are up to the mark. 👉Can be the great opportunity to buy. 👉keep an eye and find some confirmation through bullish candles. Volume✔️ Finance✔️ Technicals✔️ Overview✔️ Fundamentals: ▪️ Company with no Debt. ▪️ Growth in quarterly Net Profit with increasing Profit Margin. ▪️ Annual Net Profit increasing from last 2 years. ▪️ Increasing Profit every quarter for the past 2 quarterss. 👆Follow for more alerts👆 😊Happy Trading 😊 Note:Patience is a key to success. Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
NSE:IGL
by suraj_819
3