IGL trade ideas
IGL bullish flag buyIGL formed bullish flag however target seems low. this stock can be watched to see whether it's reaching the target.
IGL chart analysisIGL chart analysis on daily time frame. This stock is at good support and can bounce from here.
Please share your feedback and follow for more such charts.
Indraprastha Gas Ltd view for Intraday 4th October #IGL Indraprastha Gas Ltd view for Intraday 4th October #IGL
Buying may witness above 561
Support area 553-555. Below ignoring buying momentum for intraday
Selling may witness below 546
Resistance area 555
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
IGL - Weekly Inv H&SI believe Inv H&S formation is underway. Initially we could see 500 and then a consolidation before hitting 575
Indraprastha Gas Ltd view for Intraday 25th September #IGL Indraprastha Gas Ltd view for Intraday 25th September #IGL
Buying may witness above 554
Support area 545. Below ignoring buying momentum for intraday
Selling may witness below 545
Resistance area 554
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Indraprastha Gas Ltd-Bullish swing- Will this trend continue?
30.07.2024
Buy 553
Target 589.5
Stop Loss 517
Risk: Reward - 01:01
1. Inside candle breakout in day TF
2. Upward channel and previous resistance breakout
3. Retracement after breakout at good FVG and thus resistance turned to support
4. Oil & Gas sector is in good momentum
5. Good Volume breakout
6. Price rejection from 21 EMA NSE:IGL
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
It 50 SMA Rising. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
IGL-Breakout Of Triangle PatternTriangles tend to be bullish as they indicate the continuation of an upward trend.
IGLResisitance broken, oi analysis short covering happenung. Once it break yesterdays high can look for a buying setup.
Do your own analysis.
Review and plan for 25th July 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
SWING IDEA - INDRAPRASTHA GAS (IGL)Consider a compelling swing trade opportunity in Indraprastha Gas Limited (IGL) , a leading natural gas distribution company in India.
Reasons are listed below :
Attempt to Break Triangle Pattern : IGL is attempting to break out of a triangle pattern, indicating a potential shift in market sentiment and the beginning of a new trend.
Bullish Marubozu on Daily Timeframe : The presence of a bullish Marubozu candlestick pattern on the daily timeframe signals strong buying momentum and potential upward movement.
Broke Consolidation of 5 Months : IGL has broken out of a consolidation phase lasting 5 months, suggesting a breakout from range-bound trading and potential sustained upward movement.
50 and 200 EMA Support on Weekly Timeframe : The stock finds support at both the 50 and 200 Exponential Moving Averages (EMA) on the weekly timeframe, indicating bullish momentum and potential for trend continuation.
Constant Higher Highs : IGL consistently forms higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 515 // 585
Stoploss - weekly close below 394
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Trade in IGLTarget mentioned on chart
Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
INDRAPRASTHA GAS (Positional Trade)POSITIONAL TRADE
INDRAPRASTHA GAS
Looks Good ABOVE 510.70
SL 401.90
Targets 544.30 - 1152.40
Hold few weeks to months
Please consult your financial advisor before investing
All research is for educational purposes only.
IGL ready for a long journyWeekly candle above imoortant resistace, We can buy here, SL will be current month low, Target 1st 580 to 600 , if 600 breakout on monthly candle then we can see big targets.
IGL ready for a long journyWeekly candle above imoortant resistace, We can buy here, SL will be current month low, Target 1st 580 to 600 , if 600 breakout on monthly candle then we can see big targets.
IGL breaking outIGL breaking out of 3 year long trend-line/pennant, 2 year long cup&handle with some good volume.
TP 595/800
MACD Crossover Swing Trade - IGL📊 Script: IGL
📊 Sector: Gas Distribution
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 504
🟢 Target 🎯🏆- 535
⚠️ Stoploss ☠️🚫 - 489
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
IGL FOR SWING It is a multi-time frame breakout. A good momentum can be expected above 490 with nearest swing as SL in 1day time frame T1 is ALL TIME HIGH T2 is 30% from the breakout. One can hold it till it shows a bearish sign in 1D TF
IGL 1MONTHIT IS READY TO BREEAK OUT
WAIT FOR THE RETEST
I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
