New Shorter- Term Momentum Trade Idea
IGPL
LTP ~ INR 434.95/-
Resistance At INR 499/-
Support At INR 410/- Closing Below
ROI ~ 15%
Stock is technically in a Bullish range Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and OBV
SMA ~ 30 Day SMA 408.1 Trading above 30 Day SMA since 14 days (since Feb 03, 2021)
50 Day SMA 421.6 Trading above 50 Day SMA from today