1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Indraprasth gas (IGL)

Discussion in 'Technical Analysis' started by masihpatel, Aug 16, 2012.

Tags:
  1. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    Is this stock is moving out of its long consolidation? What is your view? Thank you.
     

    Attached Files:

    masihpatel, Aug 16, 2012
    Share #1
  2. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Though there is reversal yet the volume is low. Can take position once volume increases.
    Check the volume at 270 - 280 levels.
     
    Last edited: Aug 16, 2012
    sujan4bw, Aug 16, 2012
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Best is avoid because you are planning to trade against the trend.
     
    shabbir, Aug 16, 2012
    Share #3
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    She is right. My views are same too.
     
    sanjay_sansanwal, Aug 16, 2012
    Share #4