IGL trade ideas
IGL Indraprasta Gas LtdIGL Indraprasta Gas Ltd
Start Accumulation
Its out performing Indices and its own Oil and GaS SECTOR
MY price target is Rs.685
Do exit Then
Short IGL overbought Almost up 25 % in Jan month so its overbought ,one can check the RSI and MACD for day and hourly basis.
Short @ 498-502 target 490 -485 stop loss 510.
IGL Nov Expiry retrace shortIGL bounced at 220
Cleanly broke resistance at 340
Moving along the upper Bollinger currently without touching the middle Bollinger
Have had the biggest green candle daily in the last 2 years - Clear clean uptrend
Can follow up a little more till 440/450 types before retracing to 390
Will retrace to the top of the trend line (around 390), before starting the up move again
Get the retrace move from 440 to 390
1054. 363.8 to 367 for intraday. in.hsp breakoutSL compulsory
buym if price sustain previous day high
IGL .. Going UP!!The stock can be seen making a rounding cup and also has a upward channel slope. Price target of 430 in the next 12 months
IGL CMP.337.20 ROUNDED BOTTOM REVERSAL AND VCP 2IGL LOOKS GOOD ON CHARTS ROUNDED BOTTOM REVERSAL COMING ON CHARTS MAINTAIN STOP LOSS 295
IGL - Go short with a SL of 348 and a target of 298IGL - Go short with a SL of 348 and a target of 298
IGL - Potential Bearish Head and ShouldersIGL seems to be forming a Bearish Inverse Head and Shoulders Pattern in the Daily charts with Neckline support at 295 and Shoulder resistance at 330 above which pattern is negated. Pattern Target at 240 in the short to medium term.
IGL vs MARUTI similaritiesMaruti declined sharply after it failed to sustain a bull flag breakout. Similar pattern observed on IGL.
BUY IGLBULLISH BAT POSITIONAL CALL
BUY IGL 297 SL 290 TARGET 310/320
CMP 297.45
ACTIVE CALL
DATE : 06-07-2019
