Targets hit: Intraday Sell IGL 441. Target 437, 434 and 428. SL 445. Book complete profits.
Share price 422.
Sell on Opening range breakout on downside in 5 mins candle. Stop few points below opening range high.
Re-enter short position on reversals at VWAP indicator or on reversal after fresh swing highs on 5mins charts.
Exit trades on stoploss. Exit if stock trades above VWAP for a long time or if stock breaks VWAP with strong volumes.
Book profits when there is 45 mins rally on downside.
Book profits when RSI (9) is below 20.
Re-enter on reverse ABCD pattern.
Watch this video before you enter your trade.
I am Admin, Gale.in. I am into investing and trading for last 10 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at firstname.lastname@example.org for stock queries. Have a wonderful time at Gale.in.