Indraprasth Gas Trend on upside can resume NOW.

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As seen on the chart of IGL this stock now at an important zone of support which is also a 50% retracement support, also a positive candle pattern is seen on the mentioned support area.

An outside-inside price pattern is seen on bollinger band and other stocks in the gas sector are showing strength.

Rsi Momentum indicator is also on a support area.

Cmp is 466 and support at 455 The target at 495 and 510 give a good risk reward setup.

Analyst: Abhay Bhatia

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