UnknownUnicorn22711483

indigo detailed harmonic analysis

Long
NSE:INDIGO   INTERGLOBE AVIATIO
As you can see clearly that stock has completed its bullish pattern at 2281 and fell from there, now the possibility 1 is it can start consolidating and move in a range as marked with two red lines. It has actually already started going up from lower red line as last candle is already green but if this lower red line is breached direct support is at 2005, now possibility two is (for conservative investors) fresh long only when candle goes above falling yellow trendline and closes above it then indigo will make fresh highs as shown with arrow for target of 2362 approx and stock will never go above this level one can short there
good luck
invest and trade at your own risk
Order cancelled
Trade closed: target reached
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