Friday, May 26, 2017

WEEKLY STOCK FUTURE TRADING TIP


YESTERDAY’S RECOMMENDATION UPDATE:
MINDTREE hit tgt 548 made HIGH of 547.90
toatal intrady profit 18960

BUY IGL At 1030 TGT 1060/1090 SL 1000

After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1030 as the stock is managing to sustain above the level of 1000.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 1030. as the stock is sustaining above its 50&22 days moving averages with the RSI of 54,  One may get the targets of 1060,1090 in the stock with the stop loss of 1000. Primary trend of the IGL  is bullish. Long term Support level seen on  charts at 909 AT 200 EMA .
DAILY CHART FOR IGL

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