IGL breakout from falling wedge IGL has been contracting its movement in falling wedge pattern in 60 mins chart. waiting for the breakout.
IGL trade ideas
IGLIt has bounced from it support and way back broken another resistance, and is now heading towards 463.
Its a long with a sl of 442.50 for a target of 454 and 463.
IGL Long Above 455 . 15 Min Analysis On Higher time frame its in Up Trend .
On Daily Support Levels .
15 Min Showing Strong RSI Divergence .
For Aggressive Buy Above 450 With Sl of 442 , Target :-460
For Conventional :- buy above 455 , sl :- 439 , target :- 469-474
IGL in Chaneel#IGL : In this chart, the green color channel refer day and blue color refer 1hr channel and Harmonic (Gartley Pattern)
As per the Daily channel pattern, it is the bottom of the channel. Now it is testing 6th time. so it is a weaker high probability is it will break the channel.
1hr show it the bottom of the channel and formed a Gartley pattern. chance to move upside. And when it is brokes LH then trend will move upside range.
IGL ShortDeep Crab formed and It fell. Sell was around 501.25 with SL 511.3 Target:495.9,492.15,488.4
Resistance at 498ish.
IGL about to complete head and Shoulder patternIGL is just completing head and shoulder pattern, good contender for short.target given on the chart.
