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Einstein15
Oct 7, 2018 10:02 AM

Elephant crushing INDIGO 

INTERGLOBE AVIATIONSE

Description

Jumbo Going down. Near lifetime lows.
without drawing -->
Comments
Tradepro_MoneyFlow
Dear Einstein, Did you fit the Elephant in to the Graph or Graph in to Elephant? Do you understand the true fundamental reason/ Bad News behind this move. Apply Volume Profile to understand why it went down.

Its not an elephant that can drag a plane from sky, there should be some problem with technology(Finacials eg: Recent hike in Petro costs) or a Bird (External economical compositions).

Educate people if possible.

Regards,
Sandeep
Einstein15
@sandeep853, You are right . Tech & Birds r bringing most of the airlines down. BIrds like Crude , ATF, INR depreciation,High Profile exits,nifty correction, Q-results,plane delivery delays etc.
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