Thursday, 20 August 2020

#IGL On verge of BO #StockToWatch

 IGL - On Verge of Breakout

  • Price Volume Action Observed 
  • On verge of BO of consolidation box
  • Price up 3.87% with 3.5x volumes 
  • RSI Trending 
  • ADX Signal Strength Good 
  • MACD Crossover positive 
  • Just below convergence of 50 DEMA (414) and 200 DEMA (418)
Stock will do well if prices sustain above 
418 with decent volumes can give decent upside.

Caution: Price near resistance zone 

For Educational Purpose Only 

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