IGIL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

4.2

⚡ Intraday Trade Outlook for IGIL

IGIL presents a strong short-term momentum setup and is shaping up as a high-conviction intraday candidate today — with technical indicators signaling bullish strength and some room to run.

📊 Technical Pulse

RSI: 60.6 — bullish, but not overbought yet. Indicates ongoing buying interest.

MACD: 7.71 — strong positive momentum; potentially accelerating.

Price above 50 DMA (₹386) and near 200 DMA (₹413) — bullish trend, watch for 200 DMA resistance.

Volume (4L) < Avg Vol (10L) — needs a push, but can surge with breakout.

Strong ROCE (68%) and ROE (54.4%) — signs of fundamental quality for trading and holding.

✅ Buy Zone (Fresh Entry Today)

Ideal entry around ₹404–₹408, especially if price pulls back briefly with consolidation and MACD remains positive.

💰 Profit-Taking Targets

Primary Target: ₹416–₹420 zone — near the 200 DMA.

Extended Target: ₹425–₹428, if volume picks up and RSI pushes toward 65–70 intraday.

🚫 Stop-Loss Zone

₹398–₹400 — below this, the trade loses momentum. Exit quickly if breached with volume.

🚪 Already Holding Intraday?

If holding from ₹406–₹408 range

Price rejection near ₹420 with declining RSI? Consider partial exit.

Strong volume spike with RSI rising beyond 63? Hold for ₹425+ and trail stop.

Sudden dip to ₹400 with rising sell volume? Time to cut and reassess.

IGIL’s setup favors bulls — especially if volume kicks in midday. Want to chart its price action against sector peers or layer in moving averages for multi-timeframe view? I’ve got your radar covered.

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