IGL may give Huge Breakout !! IGL is Making Hut pattern after an uptrend Possibility of Breakout is huge because its a continuation pattern We may see huge upside after breaking the resistance If stock comes down we can see support is around 370-390 level Breakout confirmation is above 480-500 Current price is around 450 Targets are around 900-950...
Demand zone Major Low sweep at 375 level Buy above 396 with SL 391 T1 418 T2 429 T3 440
The scrip is preparing for a breakout, keep this scrip in radar.
The scrip is breaking out from an inverted HnS Pattern and completed the re-test as well, Keep this scrip in radar.
Broke the strong resistance level in the 4H time frame and strong close today. the target levels are 473 and 505.
IGL (Indraprasth Gas Ltd.) Daily Chart I will Try buying IGL Above 523.50 Target Is 550+++++++++ Stop Loss is 510 This Idea for My Own Personal Please You will Trade On own Research
Indraprastha gas limited is at a very strong support level, chances of reversal are very high and institutions will definitely buying at this level. what we can do : we can buy at this level with a minimal stop loss for big targets in month or so.
Simple trend chart indicates more downside upto 490-488 with 483 -484 major support
Near breakout level, good fundamental, RSI>50
#IGL Jefferies said that City gas distribution space in fast recovery phase. Resistance: 410 & 413 & 415 Breakout: 407 LTP : 317.70 Breakdown : 398 Support : 394.55 & 390 & 385 (Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
For intraday sell after breakout invalid above 487