IGL trade ideas
Short and positional BuyTriple top formation
Buy- @ 425
Strict SL - @ 410
Short term target @430
If it breaks red resistance line (very strong line) then target - 480 -500 -520
Note : Must exit between 510-520 (Final target)
IGL SHORT continuationIGL showing the steady downtrend.
we can ride this down trend until it close above the downtrend line.
i suggested short IGL at 408.
regards
your humble trader
kiran
IGL SHORT continuationIGL short is given few days back.
now continue this trade for further down.
Ride the trend.
MY REVIEW ON IT
SELL HOLD
IGL Clear Break Out | Target 480 | 18% Upside in Short termDisclaimer: This is just for educational purpose only
Caution: Long above 400 /// Short Below 395IGL is having heavy deliverable quantity, but Technical indicators are BEARISH.
SO long only if it breaks 400 & sustains. Short below 395!
Levels as per chart
HAHAHAHAHA LET'S GO
JAI HIND!!
IGL - AB=CDIGL has AB=CD pattern along with RSI positive divergence. Can be bought at CMP or wait till 378.50 PRZ... Targets on chart
weekly support Weekly support area and Harmonics PRZ both are there.. let s see how pirce react here
can we go long here .........observe Price action there in smaller time frame
IGL ::: LONGDATE: 05 AUG 2020
INSTRUMENT: IGL
TIME FRAME: DAY
TIME FRAME FOR CONFIRMATION: 3 Hrs.
PRICE ACTION END OF DAY:
CMP: 393.70
BUY ABOVE: 394.58
SL: 393.84
TARGETS: 396.36 / 397.18
FOR POSITIONAL TRADERS:
BUY ABOVE: 395
SL: 380
TARGET(S): 432, 440, 463, 500
MY ANALYSIS:
IGL HAS BEEN FALLING SINCE 04 JUNE 2020. IGL HAS FORMED A PRESSURE CANDLE ON DAY TIME FRAME. SO INITIATING A POSITIONAL RISK TRADE WITH A VERY SMALL SL.
RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
IGLNSE:IGL
IT HAS FINALLY BROKEN ITS SUPPORT AND THE DOWNWARD JOURNEY CONTINUES.......
SL - 397
TARGET - 385 AND 370
TRAIL YOUR STOP LOSSES AND TRADE ACCORDING TO YOUR LEVELS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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