Reason for long 1. Market structure - bullish 2. Consolidation before the Breakout : consolidation happened 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: horizontal hence expect 1:1 target 6. Overlap with a Fibonacci level : 0.382 fib breakout for upside 7. Candlestick...
The scrip is preparing for a breakout, keep this scrip in radar.
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
IGL Buy for intraday trading if stock break the given resistence level............
Hello to everyone #IGL 👉👉Daily + Weekly chart✅ 👉 Ascending Traingle Pattern📈 👉Price Consolidating from long time📈📉 👉Breakout above 455+ Closing✅ 👉Entry after Breakout 👉After Breakout possible targets 510/530/560+🎯 👉Add to your watchlist👍
perfect vcp pattern looking good for short term with good pocket pivots note please consult your financial advisor before investing
IGL Buy for intraday trading if stock breaks the given resistance level..........
In the Daily Chart of IGL , we can see that, It will be bullish in coming week.
Reason for long a) Triangle bareakout b) head and shoulder set up c) support play d) SL compulsory
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
IGL has broken the trendline and retest done looks good buy around marked demand area with below level as stop loss for the given target. lets see..
The scrip is breaking out from an inverted HnS Pattern and completed the re-test as well, Keep this scrip in radar.
IGL to buy at current level and previous day low will be stop loss. 1:3 Risk reward will be possible.
igl forming Inverse H&S pattern on daily chart after long consolidation, which in short to medium term can outperform from here on. RSI above 70 which is perfect sign with rising volumes. as studied rsi above 60 always lead to a big movement in stock which we can see here, and i really thing the people saying rsi oversold short above it , yes the market cool from...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ Breakout area is around the previous level. So, even if it could be too far, if I considered this opportunity I would wait till ...
IGL has come out of its downtreand and is ready for 25% upmove from here