IGL looks like it has possibly started its next leg to up move, as per wave count, minor degree wave 3 should unfold, at 624 to 666. On the way down 558 would be a crucial support now.
Key Levels are Mentioned on chart
Macd in daily positive crossover and Uptick and...
Indraprastha Gas Limited is one of India's leading natural gas distribution companies. IGL supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in the Indian state of Delhi.
IGL was incorporated in 1998, to take over and operate the Delhi City Gas Distribution Project from GAIL for laying a network of gas...
Price is trading in a range and it is getting ready to breakout from the dARVAS box.
AS you see in the chart, RSI is keep on rising and the price isn't supporting the same, that forms a positive divergence.
Note: Not a SEBI registered, education purpose only.
Sl - 480
Clear and simple chart.
Have been in consolidation pattern for almost 3 months at all time high and now making a perfect price action pattern at the top makes it a high probable trade.
Volumes have also increased at this level, which itself is a very positive sign.
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If u look at the chart of IGL (analysis based intraday only) the IGL Buy at 506 and Target at 515
Best Buy at 503.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see...
All the key levels are mentioned in chart with Stop-loss and Targets
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
If u look at the chart of IGL (analysis based intraday only) the IGL support at 518 and Target at 528 and Stop loss
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms,...