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WaveTalks
Sep 23, 2016 1:36 AM

Indigo- Look Where it turned from 907-908  

INTERGLOBE AVIATIONSE

Description

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

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