IGPL trade ideas
BUY IGPL PRICE @ 486 107% ROI EXPECTEDBUY IGPL PRICE @ 486 107% ROI EXPECTED
Buy1 cmp entry @486
Target 1 @1018
ROI 1 @ 107
Buy2 Pending entry @ 318
Target 2 @1018
ROI 2 @207
Our Unique Features
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1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward up to 25.
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Disclaimer This is my trading experience, it is not an invite or recommendation to trade.
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PRABHUMAYAKANNAN
IGPLIGPL is near good breakout it has retested from its 5th week low now break out of this level would be great opportunities for different levels there are certain resistan wouldce where you can book profits and book Overgo 4 pyramid and fresh entry if the volume continues to support the share then it can give good resul or we can say resistance FRESH entries can give good results at each breakout or we can say resistance
IGPL looking to break the trend. IG Petrochemicals Ltd. is the largest producer of Phthalic Anhydride (PAN), Maleic Anhydride (MA), Benzoic Acid (BA) and Diethyl Phthalate (DEP) which have application in lubricant oil additives, water treatment, perfume, paint and many more. IG Petrochemicals CMP is 502.50.
The Negative aspects of the company are declining annual net profits and MFs are decreasing stake. The Positive aspects of the company are no debt, improving cash from operations annual, FIIs are increasing stake and zero promoter pledge.
Entry can be taken after closing above 513. Targets in the stock will be 528 and 542. Long term target in the stock will be 559 and 578. Stop loss in the stock should be maintained at closing below 469.