AbhishekHSinghCMT

Indigo- Look Where it turned from 907-908

NSE:INDIGO   INTERGLOBE AVIATIO
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5
Markets are not able to decide here as well where it wants to head. From previous update -907 was an important level for me & look Indigo just turned from close proximity of 907 -Made a high@908 & Had a fall till 890.

On a daily chart (indecisive candle)- yesterday's candle had a small difference between open & close & having long wicks on upside & moderate on downside such candles are known as Indecisive Candles.

Likely we want 907-908 zone to be taken out with big bull candle-that shall be a good clue for Indigo to fly to its destination of 950-1000


Trade active: 10:35 Hrs 23rd Sep2016

Hmm - Big Bull candle is coming
Trade active: 13:50 Hrs 23rd Sep2016

Trading at 933- Which mode is this?
Trade active: 19:30 Hrs 26th Sep2016

Indigo on the flight mode makes day high@950
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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Comments

Looks like a close above 920 today even after the retracement from high
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Yes - Given a clue that it wants to head up now let us see its future course
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Thank you Abhishek....
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Welcome
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