"BUY IGL FUTURE 2 LOTS ABOVE 425 TARGET 430/445 SL 413 "
IGL has given a breakout from a bullish flag sample which is a bullish
continuation pattern. The ’20-DEMA’ is performing as a help and
the RSI oscillator is additionally hinting
at a tremendous momentum. Indian market settled marginally decrease in the week ended November 21 amid blended international cues. Geopolitical uncertainty and UK inflation rising to 41-year excessive weighed on investor sentiment. Diis became internet consumers this week, home WPI inflation dropped to a 19-month low in
October and CPI inflation was
once largely alongside anticipated line.Mid-cap Index declined 1.3 % dragged by losses in Sun TV Network,
Mahindra & Mahindra Financial Services, Emami, Delhivery, New India
Assurance Company, Polycab India and Adani Power. However, Union Bank of India,
Exide Industries, Honeywell Automation, Hindustan Aeronautics and Castrol
India gained 5-10 % each. Among BSE Sensex stocks, Reliance
Industries lost the most in terms of marketcap followed by ITC, Bajaj Finance
and Bajaj Finserv. On the other hand, Kotak Mahindra Bank, Infosys and ICICI
Bank added most of their market cap.
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