This is the analysis of IGPL in Weekly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management. Book your profit according to your “STOMACH”.
Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading.
About IGPL : IG Petrochemicals Ltd. is a holding company, which engages in the manufacture and sale of organic chemicals. It operates under the India and Outside India geographical segments. It offers Phthalic Anhydride, Benzoic Acid, and Maleic Anhydride. The company was founded on October 18, 1988 and is headquartered in Mumbai, India.