AnkitSalgia

Indigo near resistance, Good Selling Opportunity

Short
AnkitSalgia Updated   
BSE:INDIGO   INTERGLOBE AVIATION LIMITED
Indigo has very well behaved in between these support and resistance, recently it got rejected by 1623 resistance line and forming long shadow candle (pointing to reversal).

Open Short Target 1460, SL1650 (should close above).

If your idea matches mine open short, I will keep you posted as price moves.
Please, take a second and support my effort by hitting the "LIKE" button, thats the only fee from You!
Trade active:
Short position is still Active as the SL 1650 is not triggered.
Trade closed: stop reached

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.