IGL - LONG TERM PERSPECTIVE ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
IGL trade ideas
IGL - Intraday Trade SetupIGL CMP - 483.15
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell At at Below 478 / Stop Loss 484
Target 1 - 475
Target 2 - 473
Target 3 - 470 / 460
Disclaimer: This is my view and for educational purpose only.
INDRAPRASTHA GAS 4HRConfluence of Two Strong patterns zones Daily Bat(Red colour)& 4HR Bat ZONE ..
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
IGL - Intraday / Swing Trade SetupIGL CMP – 376.95
Looking bearish . One can go for Intraday / Swing trade Setup with the following entry, exit & targets
Sell Range 385 - 375 / Stop Loss 395
Target 1 - 370
Target 2 - 365
Target 3 – 360
Target 4 - 355
Target 5 - 350
Options players can go 340 PE OCT CMP - 0.85 low investment and make easily make 100% retutns.
Note: This is my view and for educational purpose only