IGL in an uptrend Long

INDRAPRASTHA GASNSE

Description

⋅ Sep 30, 2021 10:00 AM

IGL is moving up from the long term channel support and seems to continue in the ascending triangle.
Initial target - 580 (top of the ascending triangle)
Triangle breakout target - 680
SL - 496

Chart Patterns IGL

Comments

rajeshrid

⋅ Oct 2, 2021 10:48 AM

nice one

sudheer2scorpio

⋅ Oct 8, 2021 4:53 AM

is it ok to enter current level?

KumarMitesh

⋅ Oct 8, 2021 6:56 PM

@sudheer2scorpio, Yes.. but keep a very strict SL. If it continues going down, the entire pattern will be invalidated.