ISGEC looks Strong positive.. Please refer the levels for more Info Please consult your financial advisor before investing All research for educational purposes only.
Cup and handle with shakeout is the best setup one could find in the market now this particular share gave a pullback looking good for long
IGSEC looks good for resistance rest of 825/835 If this can hold above 835, then we get to see ATH test
buy only above 525 target 555 585 605 stoploss 485
Reason for long a) Channel breakout b) price and volume spurt c) Vwap support SL compulsory duration 1 week
Reason for long a) consolidation breakout and pull back when formed reversal bull candle near 500 is good entry point with 30 pt as SSL b) trendline breakout SL compulsory duration 6 months for 20% upside possibility
A few times got down from that line.Now the line has been broken in a very good way.
Given trendline breakout . given decent bounce back from support , best buy around 620-630 . tgt 720/840
This analysis is done purely on basis of price action and chart patterns. The analysis is done on weekly TF hence it can take couple of days to couple of weeks to reach the target. Logic, SL and Target is shown in image itself. Also important levels are marked in the chart and one can see how price has respected those levels. To understand how rounding bottom...
Beautiful chart and super company with strong funds. Stop Loss: 275 Target: 500+ Time frame: 1 year. It can give quick returns after breakout, atleast 20-25%