cjgp14j

IGL Reverse Head and Shoulders pattern

Long
NSE:IGL   INDRAPRASTHA GAS
Price has made Reverse Head and Shoulders pattern
We can buy at current levels (after neck line is clearly broken)
OBV can also be seen making trend.
RSI is not at over bought zone.
Stoploss : 458
TARGET:520 ,550, 570
According to head and shoulders pattern the target is 550.
(the difference between head and neckline is projected upside as target).
this is for education purpose only.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.