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Indraprasth gas (IGL)

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

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  1. masihpatel

    masihpatel Active Member

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    Is this stock is moving out of its long consolidation? What is your view? Thank you.
     

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    masihpatel, Aug 16, 2012
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  2. sujan4bw

    sujan4bw Member

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    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
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  3. shabbir

    shabbir Administrator Staff Member

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    Best is avoid because you are planning to trade against the trend.
     
    shabbir, Aug 16, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    She is right. My views are same too.
     
    sanjay_sansanwal, Aug 16, 2012
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