A formation of Bullish Triangular wave can be seen on the charts of IGL. One should buy the stock at cmp keeping a stop loss of 486 and look for the target of 430/460 & above. The final confirmation of the pattern is above 430. only aggressive traders should buy on cmp while the safe players should wait for the closing above 430.
Note
typo - Target : 530/560 instead of 430/460Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.