akshaylaad7

Indigo Paints-Descending Traingle/Parallel Channel

Long
NSE:INDIGOPNTS   INDIGO PAINTS LTD
Indigo Paints is moving inside parallel channel & has formed descending triangle with its base on monthly support.

Just let it form green candle in daily timeframe just above the support.

We can expect its big movement-
T 1 - 2390
T 2 - 2500
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.