Igl best intradayGood positional or intraday.... Its just my view nothing else if you will earn can comment me
IGL trade ideas
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 .
IGLIGL looks like it has possibly started its next leg to up move, as per wave count, minor degree wave 3 should unfold, at 624 to 666. On the way down 558 would be a crucial support now.
Impulse Started
Key Levels are Mentioned on chart
Macd in daily positive crossover and Uptick and also above zero line
Macd in hourly positive crossover and Uptick and also above zero line
Rsi in daily above 60 uptick
Rsi in hourly above 60 and uptick
Ungali setup
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
IGLNSE:IGL
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
IGL (LONG)Good volume seen
following trendline upwards
took support at 200 EMA
immediate resistance at 510
Buy near 500 or safe to buy one crosses 510 and retested 510 as support
TGT 530 - 553 - 572 - 583
SL 484
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
IGLNSE:IGL
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
IGL - Bullish Reversal From 78.6% Retracement Stock has already done 61.8% retracement and RSI(2) is 3.35 , It will Pullback at the 78.6%(524.40) and same Price band shown by Harmonic PRZ.
If It will break the above level and close below the 515, Then downward trend might be continue up to 500.
NOTE: Any Long/Short trade have to follow strict SL for reversal.
