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...
IGL correcting BC leg to CD, risky traders can go for short entry till point D. A long entry with very less SL is possible from point D.
IGL has given a break out on the daily chart We can notice a spike in the volumes as well. We can wait for the close above the resistance line to enter.
The stock has given breakout of symmetrical triangle. Above 534 it can show a good momentum upto 570.
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. THANK YOU
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. Shoot up your queries in comment section.
Simple trend chart indicates more downside upto 490-488 with 483 -484 major support
Dear trader, 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...
Dear trader, If u look at the chart of IGL (analysis based intraday only) the IGL support at 518 and Target at 528 and Stop loss at 511. 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,...
today both igl and mgl looks very good . in case of igl buy above 489.40 tgt 503 sl 484.