Fundamentally, this scrip is very strong and very good long term investment. Macro scenarios are in favour as energy will be in high demand in future. The October gas price review came as positive for city distribution companies, market was expecting 100% hike in LNG, but got 40%, which is good for IGL, MGL, GUJGAS. Technically, on daily chart it made Tombstone...
its a bullish fla gbreakout...upcoming days will be rocking for igl..if you are option trader yu may easil get good amount of money by taking option of 450 ce next month..probably till this week we may get the target but for a safe side we should go for a next month.. THANKS keep learning and earning stay connected TRADE_BEARS_BULLS learn once earn forever
Indraprastha 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.
Good positional or intraday.... Its just my view nothing else if you will earn can comment me
ENTRY: 2.167 (average) SL: 2.00 TP: 2.33 - ADX>20. - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Rebounded off monthly CPR from 15 Mar 2022 with increasing volume. - Breakout today with above average volume.
last ek month se kisi bhi indices ne good perform nhi kiya hai. kaafi saare shares apne support ko bhi hold nhi kr paa rhe hai. for more info watch the video.
IGL expect down fall Next support 336 to 340 Technically this stock now trade @ 380 may fall upto 340 10% correction pending
This 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 .
The logic and levels are listed on chart. IGL has broken support and now retesting it, Bear candle at resistance will be very short opportunity.
IGL (Indraprasth Gas Ltd.) Daily Chart I will Try buying IGL Above 523.50 Target Is 550+++++++++ Stop Loss is 510 This Idea for My Own Personal Please You will Trade On own Research
IGL is moving up from the long term channel support and seems to continue in the ascending triangle. Initial target - 580 (top of the ascending triangle) Triangle breakout target - 680 SL - 496
Indraprastha gas limited is at a very strong support level, chances of reversal are very high and institutions will definitely buying at this level. what we can do : we can buy at this level with a minimal stop loss for big targets in month or so.
IGL respecting its support line looking good for short term buy.. wait for formition of any bulishcandlestick pattern. buy @ 543, SL 520, T1 552, T2 567
IGL 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...
Price bouncing back from previous support zone as well as trendline breakout with good volume. Can be bought with a short-term target of 580 and above. #IGL #LONG
Indraprastha Gas Limited is one of India's leading natural gas distribution companies. IGL supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in the Indian state of Delhi. IGL was incorporated in 1998, to take over and operate the Delhi City Gas Distribution Project from GAIL for laying a network of gas...
IGL correcting BC leg to CD, risky traders can go for short entry till point D. A long entry with very less SL is possible from point D.