Indigo - Price Action

Updated
Interglobe Aviation approves fundraising via QIP; company to raise up to Rs 4,000 cr (From Agencies)

The day candle is suggestive of an upward movement.

Buy above 957 for 965, 975, 980, 990, 1000
Note
1000 is the 50DSMA - is the nearest MA for an acceptable QIP floor price
Trade closed: stop reached
Note
Should have stuck to my philosophy of not taking up Gap Openings
Trade active
Will re-enter with Options if it sustains 940
Order cancelled
Trade active
Note
TSL set to 1000, Buy triggered at 950
Note
TSL updated to 1020
Trade closed: target reached
TSL hit at 1040
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