IGPL is bottoming outBouncing from major gann level
Bouncing from prev resistance/ major level
good volumes
IG Petrochemicals Ltd.
No trades
Trade ideas
IGPl in Rangbound ConsolationPossible Targets according to Support/resistance (Rangebound) as shown .
BUY IGPL PRICE @ 486 107% ROI EXPECTEDBUY IGPL PRICE @ 486 107% ROI EXPECTED
Buy1 cmp entry @486
Target 1 @1018
ROI 1 @ 107
Buy2 Pending entry @ 318
Target 2 @1018
ROI 2 @207
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PRABHUMAYAKANNAN
IGPLIGPL is near good breakout it has retested from its 5th week low now break out of this level would be great opportunities for different levels there are certain resistan wouldce where you can book profits and book Overgo 4 pyramid and fresh entry if the volume continues to support the share then it can give good resul or we can say resistance FRESH entries can give good results at each breakout or we can say resistance
IG Petrochemical 52 Week Breakout IG Petrochemical 52 Week Breakout
Buy For swing trading
Buy Above 570 or wait for retest if stock come back to support zone
Stop loss 475
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IGPL Long on WeeklyBuying opportunity on IGPL weekly Timeframe.
Buy after a breakout from resistance level. Can wait for retest.
Volume is surging & Price is Above 200 EMA
Good buy for swing trading.
IGPL looking to break the trend. IG Petrochemicals Ltd. is the largest producer of Phthalic Anhydride (PAN), Maleic Anhydride (MA), Benzoic Acid (BA) and Diethyl Phthalate (DEP) which have application in lubricant oil additives, water treatment, perfume, paint and many more. IG Petrochemicals CMP is 502.50.
The Negative aspects of the company are declining annual net profits and MFs are decreasing stake. The Positive aspects of the company are no debt, improving cash from operations annual, FIIs are increasing stake and zero promoter pledge.
Entry can be taken after closing above 513. Targets in the stock will be 528 and 542. Long term target in the stock will be 559 and 578. Stop loss in the stock should be maintained at closing below 469.
IGPLLooks good almost in all the timeframes and it's a fundamentally good stock as well.
Safe entry would be above 520 and might face little resistance around 550 levels and it's overall pattern is good
IGPLIGPL for SWING TRADE
entry in green zone only, seems good for Long from here.. Target, SL clearly given in chart
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
getting bullishclosing above 200 ema, showing bullishness.
bullish cross over and can see demand zone
Reacting from weekly supply zoneSell Below 700 for the target of 655 with stop loss at 722.
Disclaimer:- This is only for educational purposes please do your own analysis before investing your hard-earned money.
IG Petrochemicals Add Near SupportIG petro is near weekly support. Add now with SL below 402 Target 451-471-503-700
Buy IG Petrochemical : CMP 765, CBSL 679, Targets 820-840-860
* Swing Trading
* Flag Breakout
* Fundamentally good Company
* Highest Monthly Close
* Good Volumes
