IGL trade ideas
Indraprastha Gas LtdFundamentals:-
Debt is less than reserves.
Dividend giving stock.
ROCE & ROE Good.
Piotroski Score is 7 (Good Score).
current Price is below Intrinsic value.
Promoters holding is Good & No promoters pledged.
Technical:-
Expecting a Triangle Breakdown. Triangle is marked in Skyblue colour.
Demand Zone is marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is just below 200 Weekly EMA (White Line).
200 Monthly EMA is way below (Yellow Line).
Price is expected to bounce from Demand Zones.
Buy 340 - 295 - 225
Stoploss 190
Swing Tgt 390 - 440
Positional Tgt 500 - 585
Long Term Tgt 800 - 1000
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Negative Breakdown1. Time line : Day Candlestick pattern
2. Regression Channel: Stock was following Regression Channel earlier.
3. Condition Match : Breakdown Candle formed with large volume. Now Exiting from Regression Channel.
4. Purpose: Study or Paper trade.
5. Disclaimer: Investment in Stock market is risky. Not a sebi registered. Invest only at your risk.
60% gain at 700 bullish on igl IGL has a strong financial an growing
Sales and revenue
Fall due to negative sentimental of EV theme.
But now it's time to bounce back as it's business support and making continue ATH SALES AND REVENUE.
CNP Pattern
RS positive
For long term
Possible gain 60%
Gov stock
PSU
Indraprastha Gas/ IGL Positional Long Setup - IGL is a stock which has a decent or sluggish movement
- Less volatility which also can reduce some volatile moves in your Portfolio
- From a positional perspective keep a stop loss of 390 if you entered around 403 with me
- I think this time the retracement can be a little small and demand-driven
- Enter partially at 406-408 keep your 50% fiat to enter around 394-401
- This way you will have a top-class average and a very good entry as well
- If you find this helpful kindly support.
IGL : Super Bullish PatternExciting Bullish Pattern Alert! 🐂
📊 Pattern: Hut Pattern
📌 Symbol/Asset: IGL
🔍 Description: Stock is around the support. We can see huge bounce from hereon.
350-370 is the strong multi year support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Looking Better - 1:3 RR RatioIGL trading in the support zone. Tried to break out trend line. Couldn't able to do that on Friday. Let us see how it moves on upcoming days.
Fundamentally strong stock.
PE Ratio - 16 - Under priced
As you see in the RSI chart , we can see the positive divergence which is a positive sign.
So, it is in a discount sales, lets grab it.
This is personal view, so do your own analysis before taking any trades.
Happy trading☺
Near Support $NSE:IGLDear Followers,
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:IGL you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:IGL
Support Level- 365-370
Entry Point- 365-370
Stop Loss Point- 340
Target Point- 400,430,460
Time Frame – 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
This Information is only for Educational Purpose.
Best regards,
Ajay Metha
Indraprastha Gas Limited - Fully Bullish
Fully Bullish unless 455 is broken. Please adhere to proper levels and use other indicators like Williams R%, EMAs and SMAs.
Disclaimer: I am not a SEBI Registered analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. This is only for educational purposes.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: IGL
🔍 Description: Stock is rising in a channel and there mare multiples small pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.