msk_analysis

INDIGO - LONG - on verge of crossing multi year trend line

Long
msk_analysis Updated   
NSE:INDIGO   INTERGLOBE AVIATIO
If indigo on Monday is able to breakout multi-year trendline, it may end somewhere in 2300-2400 zone.
market conditions also look favourable... would be interesting to witness.
Comment:
Looks like didn't had sufficient momentum to breach and it acted like resistance ..lets wait for some more days

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