IglThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
I am not sebi ragister!
IGL trade ideas
IGL - Elliott Wave CountIGL - Elliott Wave Count Update
As we alerted in our previous post the price declined from the 485 range so we can confirm that the market has begun wave C with the target of 250 range on the downside. however, if the price breaks above the 492 level this bearish view becomes invalid.
Please exercise caution when trading as this information is for educational purposes only.
NSE:IGL NSE:IGL1! BSE:IGL
IGL - Wave CountIGL - Elliott Wave Count
IGL appears to be completing wave 2, with an impulse wave 3 up move expected.
If the red line breaks, the view is invalid, and be cautious when the price reaches at 485 range...
Please exercise caution when trading as this information is for educational purposes only.
NSE:IGL NSE:IGL1! BSE:IGL
MultiYear Channel BreakdownAfter price following Multiyear uptrend channel finally price break lower boundary of the channel .
IGLLooking bearish on short term. Double bottom confirm if it crosses 443. Then lower side it may go to 430
Normal flat correction igl share daily create normal flat correction
wave A internal a,b,c or Wave B internal a,b,c, or Wave C internal 1,2,3,4,5
current time igl down side move wave c
igl 1d time frame buy @ 480 target@ 499, 504, 508 decending igl 1d time frame
buy @ 480 target@ 499, 504, 508
decending channel breakout
risk reward 1.5
its just a view trade @ your own risk
sl@461.60
IGLNSE:IGL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
IGL Reverse Head and Shoulders patternPrice has made Reverse Head and Shoulders pattern
We can buy at current levels (after neck line is clearly broken)
OBV can also be seen making trend.
RSI is not at over bought zone.
Stoploss : 458
TARGET:520 ,550, 570
According to head and shoulders pattern the target is 550.
(the difference between head and neckline is projected upside as target).
this is for education purpose only.
IGL at 200 Moving AverageIndraprastha Gas Limited has been one of the best performing energy stocks over the years.
The demand for its products and services will undoubtedly keep rising in near term as well as long term future.
The company has immensely strong financials and capital structure.
The stock can be studied at current levels with a target of 579.
The ideas shared are purely for educational purposes. Make sure to conduct your own research before making any financial commitment.
IGL - Bullish pennant chart pattern formation in 15 m timeframeBullish penant pattern seems to be formed in IGL price and price is near the trend line
Go long if the it breaks ou the upper channel of the pennant
First target - 487.10
Second target - 498.40
Happy Trading :)
My view on IGLIGL
showing trendline breakout above 488-89
looking tgt 500-509-515++
in very short term
KEEPING ON RADAR IGL 490 CE
IGLResistance became support here. can buy on this price level. after crossing 20 ma. it will have gud target with very low risk. Risk reward raio is great in this trade.
BUY 466
SL 447
TARGET 520
IGL IS LOOKING BEARISH Refer chart for details
Igl has hit the supply zone and there is reversal confirmation with triple top
3months timeframe has bearish cycle in the coming days
Stock name :IGL
Timeframe:2days
IGL closed above 6 months rangeIGL bounced from Demand Zone Strongly.
Also breaking out after long accumlation/consolidation near demand zone.
Good for Investment and swing too.
Above 415, targets are 435, 470, and 510, 550, 600+ in long term.
SL for swing is 315.
Investors may add more near 290-300 zone if it comes to that.
-Saptarish Trading
IGL BullishIGL Closing 489.30
BUYING REASON.
1. --> #IGL #breakout the #weekly level.
2. --> #RSI crossing 60 level.
3. --> #ADX show the #upside and +DMI #rising.
4. --> #volume is also show the #breakout #buying #volume.
igl 1d time frame buy cmp target 485,499,524.85igl 1d time frame buy cmp target 485,499,524.85
risk reward 3.2
sl 450
IGLIndraprastha Gas Limited (IGL) is one of the pioneer and leading City Gas Distribution (CGD) company in India catering to more than 1.1 million CNG vehicles,1.4 million domestic PNG customers and over 5,500 commercial & industrial customers.
Ascending Triangle Break out observed after longtime with considerable volume
recommended for long term , for short term swing trading target given in the chart
Market Cap
₹ 32,372 Cr.
Current Price
₹ 462
High / Low
₹ 464 / 335
Stock P/E
21.9
Book Value
₹ 106
Dividend Yield
2.81 %
ROCE
26.5 %
ROE
19.8 %
Face Value
₹ 2.00
Promoter holding
45.0 %
EPS last year
₹ 18.8
EPS latest quarter
₹ 3.98
Debt
₹ 98.6 Cr.
Pledged percentage
0.00 %
Net CF
₹ -15.3 Cr.
Price to Cash Flow
17.1
Free Cash Flow
₹ 561 Cr.
Debt to equity
0.01
OPM last year
24.6 %
OPM 5Year
24.8 %
Reserves
₹ 7,249 Cr.
Price to book value
4.38
Int Coverage
155
PEG Ratio
1.27
Seems its back on trackWeekly chart Analysis, stock seems to be back on track to show new highs, might dip down to support Level before going up.
IGL BREAKOUT DONEAfter 9 Months Accumulation Period , Finally Price Breaks the Accumulation Zone of 445--455 And closes above the breakout Zone. Volume Also Supporting the price which indicates sustainable breakout in price after long time.
Keep eyes on #IGL. Add your quantity when any dip seen in price or price comes down to retest the Breakout zone. Good Return Expecting in coming day's. My target will be 500/555/600+
