INDRAPRASTHA GAS LTD
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The IGL stock is at good entry point currently.

564
A picture says a thousand words. Well, I have have tried to depict everything i need to say about this stock onto the chart.
To summarize it, we are currently near 61.8% retracement of the impulsive wave we saw in the stock between Mar.2022 till May 2023.A new impulse wave from here (wave 3) is expected to begin that should take the stock towards the 600 mark in the near future.

Note*- this chart is for educational purpose only.
Nota
SL trailed to 385

Penafian

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