Indigo: Expecting A Bounce

Notes on the chart.
Have a look at posts in the comment section, may be they can help.
Trade safe.

Hit like/comment.


Comment: It gave nice BO pullback entry on 5m chart, a late entry is possible above 1058 supply with stop at today's low.
Comment: I am splitting the target for intraday.. 1066/1079
Comment: managing stops.
Comment: Sold partial@ 1064
Comment: There can be a buying opportunity tomorrow also because stock is very volatile.

Conducive market conditions may push the stock higher.

1043-1050 area was a good support today and resistance was near 1060.

Let's see what happens tomorrow 👍
Comment: Entire position Sold at 1070
Comment: Gave a nice buying opportunity I discussed yesterday and boom..boom bounce :)
Comment: If it gets back to 1062 before 1079 I ll think over it again.
Comment: May be its a channel

Comment: 1079 hit now.
Great to read your comments. I have also taken positions for overnight here.I see the last minutes people have been bullish and holding stocks, so seems like tomorrow might be a good day for this. :)
Bravetotrade angelrishi
@angelrishi, A little respite in nifty and it will take off.. Let's hope for the best.
Good analysis bro. Even I also have similar view. It has fallen much so expecting for a bounce back.
Bravetotrade rakeshgupta
@rakeshgupta, That's good.
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