padiyara

Indigo Break out from the resistance, next resistance 975 &1090

Long
NSE:INDIGO   INTERGLOBE AVIATIO
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12
This was posted on feb 18, with a DB support at 811
Comment: The original post was on 18 FEb, right at the bottom.
Comment: 1063 made an early resistance.
Comment: Well, 1094 was the resistance last week, showing strength to move higher.
Comment: going higher
Comment: The low 1215 was approx: 55 DMA was a strong support.
89DMA approx: 1197 now, will be a strong support for long. stock is having a potential to move higher. I believe that we are in wave 3 and 1.618 time wave 1 is resisting now around 1340. on breaking the all time top1395, it an move to 1700 level.

Comments

Hai Sir,
Could you please check what is happening to Ashok Leyland..?? Still seems to be bearish??
Reply
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