Amit_Ghosh
Long

Indigo Support Theta Decay Idea

NSE:INDIGO   INTERGLOBE AVIATIO
Indigo is at its support!

As there is no geo             political tension as of now and as today' s crude inventory report suggests of un-changed situation of lower oil             prices in longer term which is beneficial for the investor sentiment.

Our take profit is at the level of 61.8% based on Fibonacci lines.

Tomorrow's theta decay idea is to sell Indigo August 1150 PE at 3.40. With 600 as lot size potential profit is 2040.
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