IGL 1dtfLook like a downside opportunity of targets 380 and then 362 and set the stop loss of 402 if closes above on it.
IGL trade ideas
IGL Long. Target 490-494.Fundamentally, this scrip is very strong and very good long term investment. Macro scenarios are in favour as energy will be in high demand in future. The October gas price review came as positive for city distribution companies, market was expecting 100% hike in LNG, but got 40%, which is good for IGL, MGL, GUJGAS.
Technically, on daily chart it made Tombstone Pattern, highly volatile signal. Expect fast movement next week. On a weekly chart it has made flag pattern and RSI has also cooled down. Expect a very big move next week on the upside. It wouldn't be a surprise if scrip achieves 25% up move in a week.
Disclaimer: This is for knowledge sharing. Consult your financial advisor before investing.
Note: RBI governor commentary is highly positive for Indian market, and in global turmoil, ENERGY and UTILITIES going to shine. This is one of the favourite pick for high returns.
IGL breakout@todayIGL break out @ today 27 sep 2022
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target price for IGL
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IGL - FLAG & POLE PATTERNIGL - FLAG & POLE PATTERN ,GOOD FUNDAMENTALS
Got corrected due to market crash, can hold till lth if market supports.
IGLIGL made flag pattern on daily charts & breaking out of it with decent volumes.
Could be bought with mentioned stoploss & targets.
IGL IGL - Pole & pennant breakout
Beautiful chart structure here makes an immediate target near 465 levels.
One can go long with a SL of 418.
igl bullish breakoutits a bullish fla gbreakout...upcoming days will be rocking for igl..if you are option trader yu may easil get good amount of money by taking option of 450 ce next month..probably till this week we may get the target but for a safe side we should go for a next month..
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IGL Intraday Short opportunity IGL good intraday shorting opportunity must close the candle. for more confirmation wait for hammer candle
IGL forming flag and poleNarrow range candles for pas 3 days
forming flag and pole in daily charts
can give good RR
IGL_DailyIndraprastha Gas Limited is an Indian natural gas distribution company that supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in Delhi-NCR including neighbouring cities like Noida.
Looks Good.
For Educational purpose.
IGLLook at the powerful blast in #IGL, i recommended above 365 now today touched down 426 ! RSI is looking Good above 60 and Choppiness is below 40 thats the good point for the IGl.
it has breakout level above 411 also today gave for intraday purpose and touched high of 426.
Triangle Pattern Breakout in 1 DTF//IGL>The good triangle pattern with strong break-out can be seen in the following chart.
>The pattern took 4 supports at the bottom and % resistances at the top!
>Todays close is strong both 1 DTF & 1 WTF.
>In day chart there is a strong support from the 20&50 Day EMA's.
>In weekly chart it has just crossed the 20 Day EMA and heading towards 50 EMA.
>Stop-Loss is fine under the green bullish candle and wait for the Volume's built-up and take the positions accordingly.
igl.............................................................igl,,,,,.....................................................................................................
IGL forming Head and Shoulder IGL is forming head and shoulders pattern at fifteen minutes time frame if it retest the neckline level tommorow then it can give a fall of 3-4% for this week.
IGL forming Head and Shoulder patternIGL is forming H&S pattern at fifteen minutes time trame and it also broke the neckline of it's support and if it retest the neckline it can give a fall of 7-8% in coming days.
IGl-A Swing Trade.This is a analysis of stock named IGL. It's a swing trade. We can see a good reversal pattern been formed in 15 mins time frame.
* Pattern Name- Inverse Head and Shoulder pattern.
Inverse head and shoulders pattern is an reversal pattern formed after a down trend.
* How To Trade Inverse Head And Shoulder Pattern- Wait for the Neckline breakout of the head and shoulders pattern for the confirmation. Then one can enter into a trade.
* Stoploss- Generally a logical stoploss for this classical reversal pattern is below the right shoulder.
* Target- The target is decided by the length of the head of this pattern.
DISCLAIMER: This is my personal analysis and this is been shown with the motive of knowledge spreading or for educational purposes, kindly take a ln advice from your FINANCIAL ADVISOR before jumping into trade. I won't be liable for the losses or profits u made.
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mid time frame igl is looking good...you can put some amount in igl...mid term is looking so good..as per your risk
IGLIGL made cup n handle pattern on an hourly charts with decent volumes.
Could be bought with mentioned stoploss & targets.
IGLEducational Purpose Only
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IGL ChartAbove chart is a daily chart of IGL.
Double bottom pattern with higher low is visible.
Breaking above 400 will active the trade.
Potential target 430.
downtrend , reverse H&S patternAs we can see a clear down trend , and there's formation of a head and shoulder pattern .
If the price breaks out (upper side of the neckline) the neckline ,then there can be buy opportunity.
Market has already retested .
