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.