IGL - Price Action Analysis and Observations
* CMP 392.00
* Trendline resistance breakout with volumes slowly increasing
* Multiple touches on the trendline
* Gap zone 403 might be filled first
* An hourly close above 405 would be sufficient to reach 440-445
* Once 440 is reached we will see how the candles react and then decide
whether it will reach 480-500
* SL could be below 360 on hourly closing basis
Thanks.
Regards
Bull Man