IGPL waiting to settle to form support to go LONG
As per my study and analysis, I find this for education purposes only that its not any buy recommendation.
I found that the trend line resistance was broken and support was taken but at the same time the pattern formed seems to be a cup and handle pattern in charts which after break out would just burst to new highs with a time span
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Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
I found that the trend line resistance was broken and support was taken but at the same time the pattern formed seems to be a cup and handle pattern in charts which after break out would just burst to new highs with a time span
.
.
.
Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
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