IGL - Bullish Reversal From 78.6% Retracement
Stock has already done 61.8% retracement and RSI(2) is 3.35 , It will Pullback at the 78.6%(524.40) and same Price band shown by Harmonic PRZ.
If It will break the above level and close below the 515, Then downward trend might be continue up to 500.
NOTE: Any Long/Short trade have to follow strict SL for reversal.
If It will break the above level and close below the 515, Then downward trend might be continue up to 500.
NOTE: Any Long/Short trade have to follow strict SL for reversal.
Trade active
Reversal candle Confirmed .. you can go with long /shortTrade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.