These are swing ideas which you can add your watchlist and analysis for yourself !
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IGL - Elliott Wave Count Update
As we alerted in our previous post the price declined from the 485 range so we can confirm that the market has begun wave C with the target of 250 range on the downside. however, if the price breaks above the 492 level this bearish view becomes invalid.
Please exercise caution when trading as this information is for educational...
IGL - Elliott Wave Count
IGL appears to be completing wave 2, with an impulse wave 3 up move expected.
If the red line breaks, the view is invalid, and be cautious when the price reaches at 485 range...
Please exercise caution when trading as this information is for educational purposes only.
NSE:IGL NSE:IGL1! BSE:IGL
igl share daily create normal flat correction
wave A internal a,b,c or Wave B internal a,b,c, or Wave C internal 1,2,3,4,5
current time igl down side move wave c
NSE:IGL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss,...
Price has made Reverse Head and Shoulders pattern
We can buy at current levels (after neck line is clearly broken)
OBV can also be seen making trend.
RSI is not at over bought zone.
Stoploss : 458
TARGET:520 ,550, 570
According to head and shoulders pattern the target is 550.
(the difference between head and neckline is projected upside as target).
this is for...
Indraprastha Gas Limited has been one of the best performing energy stocks over the years.
The demand for its products and services will undoubtedly keep rising in near term as well as long term future.
The company has immensely strong financials and capital structure.
The stock can be studied at current levels with a target of 579.
The ideas shared are purely for...
Bullish penant pattern seems to be formed in IGL price and price is near the trend line
Go long if the it breaks ou the upper channel of the pennant
First target - 487.10
Second target - 498.40
Happy Trading :)
Resistance became support here. can buy on this price level. after crossing 20 ma. it will have gud target with very low risk. Risk reward raio is great in this trade.
BUY 466
SL 447
TARGET 520
Refer chart for details
Igl has hit the supply zone and there is reversal confirmation with triple top
3months timeframe has bearish cycle in the coming days
Stock name :IGL
Timeframe:2days
IGL bounced from Demand Zone Strongly.
Also breaking out after long accumlation/consolidation near demand zone.
Good for Investment and swing too.
Above 415, targets are 435, 470, and 510, 550, 600+ in long term.
SL for swing is 315.
Investors may add more near 290-300 zone if it comes to that.
-Saptarish Trading
IGL Closing 489.30
BUYING REASON.
1. --> #IGL #breakout the #weekly level.
2. --> #RSI crossing 60 level.
3. --> #ADX show the #upside and +DMI #rising.
4. --> #volume is also show the #breakout #buying #volume.
