ZenMehta

Indigo rallied , now SHORT ???

Short
NSE:INDIGO   INTERGLOBE AVIATIO
Indigo rallied more than 200 points last week from 1530 to 1745 . Faced major resistance at 1745-1750 . Now we can expect some correction or bearish trend from monday as RSI is showing BEARISH DIVERGENCE . If breaks the channel , we can go SHORT for the target of 1680 and target 2 for 1650 .