Buy IGL Futures trading near day's high 454. A favorable risk to reward ratio approx 1:4.
Targets would be around 470
Stop loss 448
I am just representing my views.
For educational purpose only.
#IGL last trading session formed bearish patern,
today it has taken resistense our retracement area 390-400,
once may touch retracement level 390-92 we can sell short term tgt 380, possitionally around 370 may come.
# once break 410 and close(15min) it will move higher and high, higher level tgt 450 may see.
On July 25, 2021 Shared IGL to buy between 538 to 545 with the stop loss of 515
with breakout confirmation on 580 and today it closed above 580.
Last time also I shared the same stock on June 29, 2021 however it did not closed above 580 and returned back
Hopefully this time it may give good move
