IGL forming flag and poleNarrow range candles for pas 3 days
forming flag and pole in daily charts
can give good RR
IGL trade ideas
IGL_DailyIndraprastha Gas Limited is an Indian natural gas distribution company that supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in Delhi-NCR including neighbouring cities like Noida.
Looks Good.
For Educational purpose.
IGLLook at the powerful blast in #IGL, i recommended above 365 now today touched down 426 ! RSI is looking Good above 60 and Choppiness is below 40 thats the good point for the IGl.
it has breakout level above 411 also today gave for intraday purpose and touched high of 426.
Triangle Pattern Breakout in 1 DTF//IGL>The good triangle pattern with strong break-out can be seen in the following chart.
>The pattern took 4 supports at the bottom and % resistances at the top!
>Todays close is strong both 1 DTF & 1 WTF.
>In day chart there is a strong support from the 20&50 Day EMA's.
>In weekly chart it has just crossed the 20 Day EMA and heading towards 50 EMA.
>Stop-Loss is fine under the green bullish candle and wait for the Volume's built-up and take the positions accordingly.
igl.............................................................igl,,,,,.....................................................................................................
IGL forming Head and Shoulder IGL is forming head and shoulders pattern at fifteen minutes time frame if it retest the neckline level tommorow then it can give a fall of 3-4% for this week.
IGL forming Head and Shoulder patternIGL is forming H&S pattern at fifteen minutes time trame and it also broke the neckline of it's support and if it retest the neckline it can give a fall of 7-8% in coming days.
IGl-A Swing Trade.This is a analysis of stock named IGL. It's a swing trade. We can see a good reversal pattern been formed in 15 mins time frame.
* Pattern Name- Inverse Head and Shoulder pattern.
Inverse head and shoulders pattern is an reversal pattern formed after a down trend.
* How To Trade Inverse Head And Shoulder Pattern- Wait for the Neckline breakout of the head and shoulders pattern for the confirmation. Then one can enter into a trade.
* Stoploss- Generally a logical stoploss for this classical reversal pattern is below the right shoulder.
* Target- The target is decided by the length of the head of this pattern.
DISCLAIMER: This is my personal analysis and this is been shown with the motive of knowledge spreading or for educational purposes, kindly take a ln advice from your FINANCIAL ADVISOR before jumping into trade. I won't be liable for the losses or profits u made.
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mid time frame igl is looking good...you can put some amount in igl...mid term is looking so good..as per your risk
IGLIGL made cup n handle pattern on an hourly charts with decent volumes.
Could be bought with mentioned stoploss & targets.
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IGL ChartAbove chart is a daily chart of IGL.
Double bottom pattern with higher low is visible.
Breaking above 400 will active the trade.
Potential target 430.
downtrend , reverse H&S patternAs we can see a clear down trend , and there's formation of a head and shoulder pattern .
If the price breaks out (upper side of the neckline) the neckline ,then there can be buy opportunity.
Market has already retested .
IGLNSE:IGL
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IGL - READY FOR 3RD WAVE - ELLIOT WAVE ANALYSISIGL has finished it's ending diagonal. Taken retracement from Fib ratio.
It is now ready for 3rd wave. (This stock is for LONGTERM)
-Definitely not SEBI - Registered. So this is only for educational purpose.
IGL Simple Trendline & Market Structure BreakIgl has broken its trendline along with the structure & has come to its Supply Zone, look for Shorts
Igl best intradayGood positional or intraday.... Its just my view nothing else if you will earn can comment me
IGL Next Support 340IGL expect down fall Next support 336 to 340
Technically this stock now trade @ 380 may fall upto 340 10% correction pending
IGL + RSI DIVERGENCE & AT WEEKLY SUPPORTIGL is at support at weekly chart.
and in Daily chart there is an + RSI Divergence .
Buy IGL @ CMP with SL 378
Buy IGL cmp 455 stop loss 440 target 505This is a contra call on IGL . stock is available at the previous support level . with less risk reward is very favorable. keep strict stop loss. in such type of trades where we take decision opposite of stock trend . we should allocate less capital to such trades and stop loss is must .
igl buy ideastock has made a harmonic pattern and seems to take a u turn towards upside. So, keeping a stoploss at 450 on weekly close basis a good and decent price will be gettable in medium term view.
Always use stop loss when you trade.
