INDIGO: Bullish Triangle Breakout
After a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave.
One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the target of 1880/1960/2020
One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the target of 1880/1960/2020
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com
INSTAGRAM-
instagram.com/mansh_25
TWITTER-
twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
tradingsutra.com
waveutra.com
INSTAGRAM-
instagram.com/mansh_25
TWITTER-
twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.