mklives
Short

INDIGO.. take off or land?

NSE:INDIGO   INTERGLOBE AVIATIO
INDIGO broke trendline and has retested from below and has got rejected for now..
also it has broken above the falling trendline connecting from previous short term highs
right now it is the middle zone zone of both the trendlines .

see chart for info

move below 1550 can increase selling pressure on the stock.it has run from 700 to 1600s..
May 15
Comment: broke above... looks like can test the previous high..
what a crack..
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