Now the stock is ready to move upwards. As per expected pattern will be rounding cup pattern and it will be early entry at 1580. RSI also show bullish diversion and then strong movement from bottom.
Cup pattern brrakout High volume on breakout RSI shows strength and crossed 60 Stock is ready to break 52 week high Target upside min. 30% SL weekly breakout candle low or 8% whichever is close.
Stocks reverse from 200 EMA on 1 hr. Timeframe. RSI strong with double bottom on 40. Cup and handle pattern breakout.
Double bottom pattern seen near demand zone. Neckline of W- pattern broken and closed above neckline. RSI turning from oversold to neutral, good opportunity and good Risk rewards at current price.
IGL to buy at current level and previous day low will be stop loss. 1:3 Risk reward will be possible.