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Analysis: #NYSE $IGC

Case 426 #IndiaGlobalizationCapital Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#IGC 1/4
Chart 1
Daily Chart: #Momentum has been building since late Mar. 2020, yesterday's (Aug 12) explosive up move carried forward into today with price attempting to gain a foothold above #Fib. 0786 at 3.24 and Oct. 2018 #pivot at .....

IGC 2/4
..... 4.05. A close above the latter targets 6.74. Further up 2 important balance points (these are far more delicate and reactive than normal pivots) at 8.33 and 11.61.

IGC 3/4
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