AxionAjay

Triangle Pattern Breakout in 1 DTF//IGL

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NSE:IGL   INDRAPRASTHA GAS
>The good triangle pattern with strong break-out can be seen in the following chart.
>The pattern took 4 supports at the bottom and % resistances at the top!
>Todays close is strong both 1 DTF & 1 WTF.
>In day chart there is a strong support from the 20&50 Day EMA's.
>In weekly chart it has just crossed the 20 Day EMA and heading towards 50 EMA.
>Stop-Loss is fine under the green bullish candle and wait for the Volume's built-up and take the positions accordingly.

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