Indigo short till 1554 if coming down to 1576

Updated
Indigo could make a retracement and our target is 1554

Watch if indigo comes down to 1576, then can short
Note
We are in the trade
Trade closed manually
Kotak did not stay below 1576 for more than 2 hours. So this trade is closed.
Note
The calculation and interpretation was correct. it went after some time .
indigoTrend Analysis

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