IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio.
We expect to see a pick up in second half earnings for IPL, which will help support the share price.
Traders will note the high low formation at $2.35 and may wish to run a stop loss below this level.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2021/06/IPL-1-1024x485.png)