INDGN - 1 Month Consolidation / Downtrend

Indegene Ltd


1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (December, 2024) and in a downtrend since (November, 2024). Now, It has given a Consolidation/Downtrend breakout & Closed strong in Daily Time Frame.
3) The stock may find it's next set of resistance around the price (636 and 660) in short term.
4) Recommendation - Strong Buy.
Beyond Technical AnalysisbreakoutsignalbuyopportunityChart Patternsconsolidation-breakoutDouble BottomdowntrendbreakmomentumbreakoutorderblockrangebreakoutTrend Analysis

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