NeeteshJain

Indigo - All set to Detour

Long
BSE:INDIGO   INTERGLOBE AVIATION LIMITED
It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes above previous candle close.

T1-1100
T2-1140
SL- 1120
Trade active
Comment: SL 1020 (Typing error above)
Trade active: It is doing well and one can keep holding for tomorrow as well. Thanks
Trade closed: target reached: Target 1 reached. Thanks
Trade closed: target reached: Target also reached. Now, going to touch previous support. Thanks
Comment: Now, touched previous support at 1160 levels too.
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