Indraprastha Gas Ltd.
The stock prices are making Higher Highs And Higher Lows from the past 3 months and taking support from the trendline and the support zone.
RSI is weak and represents a downtrend.
However, I am expecting to see a bounce-back until 440-450 zone is protected on the downside. The resistance on the upper side is 505 on the daily chart.
Otherwise, if the prices break the support zone with volume, the next support is 405.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
The stock prices are making Higher Highs And Higher Lows from the past 3 months and taking support from the trendline and the support zone.
RSI is weak and represents a downtrend.
However, I am expecting to see a bounce-back until 440-450 zone is protected on the downside. The resistance on the upper side is 505 on the daily chart.
Otherwise, if the prices break the support zone with volume, the next support is 405.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500