IGL trade ideas
IGL - RETEST AFTER BREAKOUT - BUYING LEVELI had already shared a the idea, look at the link given below to know why this is a high probable swing trade.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
IGL is near another breakoutAfter today's breakout, It is in the bullish momentum. It has faced a resistance at 514.10 . I think, it may break this resistance tomorrow and it can proceed higher.
IGL Breakout on DailyIGL has given breakout on daily chart with good volume rise. Nearing all time high. weekly highest close is 511.30. sustaining above 500 level could take this to new highs potential upside is at 655.
RSI is at 68 on weekly.
CUP&Handle can be seen on Weekly and Daily Charts.
IGL - Long Break out at 52 weeks highHi Swing Traders,
IGL is making a decent price structure with Gap-filling with pull back. Possible breakout tomorrow. Check out the above chart for more.
I hope you will benefit from this knowledge
-MetaVish
IGL - Accummulation - Get ready to enterA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Positional Pick*Rounding Base formation in IGL .More conviction when breakout the trend line closing basis.
*Added in your watch list and wait for for breakout.
*I will update chart when breakout done.
IGL can give another attempt to break out IGL is entering in a strong resistance / trendline again. Watch it out for break out and can test the all time high levels again. For educational purpose.
IGL may give the next breakout about 510IGL has been consolidating in the 480-500 Range for last few weeks and it has very well shown the strong support in the 480 range .
if IGL moves above 510 on CLB with good volumes then a it would be a good candidate for a long position above 510 with SL @ 480
#Please consult your RA or Investment/portfolio advisor before taking any trade and do follow correct position sizing and Risk Management
IGL triangle breakdown and Reversal from Demand ZoneIn IGL we saw a symmetrical triangle breakdown and Reversal from Demand Zone, now it can enter in triangle again.. Targets- 492,504,521, SL- Below 470
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
IGL - Breakdown and Gap filling possibilityIGL:
Gap Filling Possibility and Support Breaking
Sell Below 468.5 with a SL 471
igl - buy on dipsBuy from cmp 482.8 to 481.5
tg 510/520
sl yours
Disclaimer : This is my personal analysis for study purpose not intended for trading
BUY At 490 // TGT 520 & 535 // SL 470IGL Create Symmetrical triangle Pattern
Now Work on Technical Pattern wait for only breakout up and down side?
my view braking up range
IGLBUY 487.00
Stop loss 475.00
Target 503.00
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only .
warning :- do not jump directly or do not copy my trades
DO your analysis properly
IGLVCP Pattern is forming. There is 74% reduction in volatility compare to 1st week. Buy above 495 with SL 464
IGL Long ideaAfter Good amount of consolidation IGL near Tringle Breakout
Looks good above 487 if give resistance Zone breakout
For Safe Entry can wait price to break 490 level
View Negates below 470 levels
IGL - How to avoid false breakout??The stock is in a clear cut indication of consolidation. It has given some false breakouts.
How to avoid false breakout??
No spike in volume
Breakouts only happened after 3pm
After gap up opening, it couldn't sustain above the levels
Entry was not given by the stock as the price never crossed the high of the 15min breakout candle
When and where can entry be taken??
Upside : once their is a volume spike after breakout, entry can be taken when the the price crosses the high of the 15min breakout candle
Downside : once their is a volume spike after breakdown, entry can be taken when the the price crosses the low of the 15min breakout candle
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
IGL breakout to new highs all charts are self explanatory
disclaimer : views above are only gor study purpose only
