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IGLMARKET OUTLOOKSTOCK OUTLOOK

IGL Outlook for the Week (May 13, 2024 – May 17, 2024)

IGL
IGL
IGL closed the previous week on a negative note losing 8.48%.

Technically, IGL share price will see immediate support at 427.00 and immediate resistance would be seen at 466.70.

If IGL share price closes below immediate support of 427.00, then sharp breakdown can be seen. IGL share price will see major support at 408.00 for the week.

On the positive side, immediate resistance will be seen at 466.70. Closing above 466.70, IGL share price will see a sharp breakout. Major resistance for IGL share price will be seen at 487.40 for the week.

Trading range for IGL share price for this week should be between 387.30 on down side and 506.40 on up side.

IGL Previous Week High: 468.4

IGL Previous Week Low: 428.7

IGL Previous Week Range: 39.7 Points

IGL share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 506.40
Resistance 2 487.40
Resistance 1 466.70
Support 1 427.00
Support 2 408.00
Support 3 387.30
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