DrPrashantVerma

InterGlobe Aviation-1-Go long-Mide Term View

Long
NSE:INDIGO   INTERGLOBE AVIATIO
InterGlobe Aviation: CMP:4075; RSI: 69.62
Script is availabel at very reasonable price. As per Elliot wave analysis the script is middle of 3rd wave pattern formation, which will strech to the first target of Rs: 4246 & before heading for consolidation.
Target 1: 4246 (2 W) ; Target 2: 4745 (2.5M)
Accumulation Zone: 3950-4000 ; Stop Loss: 3880
Trade active:
InterGlobe Aviation: CMP:4366 @ 18/05/2024,
First move of 5% has swiftly achieved in 10 days of the recommendation, stay invested Target 2 of Rs 4725, will be achieved by this month end. The Charts looks strong and up-move is on, their is no sign of fatigue on chart. This script should surpass target 2 and march towards 5K.
✅For more of such ideas. Like & boost the ideas and follow to never miss a new idea!✅
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.