When a stock breaks out with a large candle, then one should look to buy the stock on a pullback near the line of previous resistance and now new support.
The stock is Indraprastha Gas
Source: Chartalert.com
Considering this stock is part of a theme, IGL looks like good breakout play at current market prices and even below. We will evaluate if the stock starts behaving weird.
The article has been written purely for educational purpose