YESTERDAY’S
RECOMMENDATION UPDATE:
ioc HIT
TGT 415
TOTAL PROFIT: 18000 IN JUST 2 LOT
buy igl above 1030 tgt 1050/1065 sl 1000
Primary trend of the IGL is bullish and after giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1036 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 58, one may expect the targets of 1050/1075 in the stock if it manages to sustain above the immediate support level of 1000.first resistance level seen on charts at 1054.
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