vyas1394

IGL intraday and positional

NSE:IGL   INDRAPRASTHA GAS
IGL
IGL took support at the upward channel faced first pullback and currently halting at 38%retracement of the upmove
it is forming a good head and shoulders pattern in 5min chart
but buying volume is greater then selling volume on H&S formation.
5min close above 541.75 can trigger long and if 544 is also breached then I will hold for 2 to 3 days.
5min close below 537.6 can trigger intrdaya short with a target of 532
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