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INTERGLOBE AVIATION LTD
Short
Jan 4
No more ruling the skies of the aviation sector!! - INDIGO
4
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Interglobal Aviation (INDIGO)
has shown several bearish patterns recently, indicating potential downward trends in its stock performance.
Weekly :
Bearish Engulfing Candlestick Pattern.
Daily :
Three Outside Down with very weak volume
Each candlestick pattern confirms a bearish trend, suggesting a short trade. Additionally, global factors are expected to impact the aviation sector.
Entry: 4425
Stop Loss: 4740
Target: Open/Mentioned.
Let me know if you found this interesting.
Happy trading! 😄
Vikrant_Mighty
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Candlestick Analysis
Elliott Wave
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Vikrant_Mighty
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