CAN INDIAN AIRLINES’ DEFY THE ECONOMIC PRINCIPLES?
BACKGROUND
A lot is being talked about the launch of Akasa Air and the potential relaunch of Jet Airways. And why not, the Indian airline industry is witnessing something good in the form of the launch of what potentially has the capacity to be one of the great airlines.
I have been fortunate enough to have worked...
It's been trading in range since inception and now the range is only of 10 points, any move above 85 will trigger a huge upside in the stock.
On a smaller timeframe, any move above 76 will push it towards 82 and then 82 to 85 levels will be very crucial for the upside, One can initiate longs above 76 in smaller quantity and add more above 85 with SL of 65
There is strong resistance of 2051, stock two times rejected from this level.
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Indigo share break the resistance and then now it is in the correction mode.
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So for tomorrow you can buy this trade once it goes above 2051, for the target of 2140.
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Note: There is also a news that domestic airlines will be restart from Monday so we can see this news effect on this...
So usually airlines are the worst stocks to invest in, we all have seen the Billionaire meme, how to become a millionaire? Be a Billionaire and buy an airlines company. he he..
Anyway. So, I observed that Indigo has fallen quite a lot. Also, its exactly at the support. there were interestingly two supports, one blue line which is the Corona Times channel and...
INDIGO looks bullish, has been in a consolidation for a long time, it broke darvis box, now trading above major resistances looks good for a positional trade, entry 1965, stop loss 1746, first target 2294
So do look at my Indigo (Interglobe Aviation) idea, already made good money in FNO on 1700 CE and then 1720 CE... Now it’s at 1750 ish... A huge Bearish candle was made on Friday, I am assuming someone booked solid profit. But stock settled quite quickly. I am optimist for an 1800 + level soon. Obviously when it will reach 1800+ level, then the great news channels...
HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
Hello Everyone,
Happy Sunday! Hope you all are ready for tomorrow :)
As we all know, the lockdown is extended till 17th May 2020, and this is going to put all the plans on hold for aviation sector. Additionally, looking at the Indigo chart pattern, I find it bearish as it isn't breaking 1080 target from long time now.
Here are my targets:
If it breaks 981...
As the price of Interglobe Aviation has been significantly corrected, I think it’s a golden time to buy the stock at current levels.
My idea to buy the stock is for only investment and not for trading purpose. Invest only if you can hold the stock for a minimum period of 3-5 years.
As far as fundamentals are concerned Interglobe Aviation have strong fundamentals...
IndiGo will operate a daily non-stop flight between Bengaluru and Hong Kong, which will be airline's 15th international destination, from December 11.
As the Business expansion is coming into the picture, more investors will participate in the coming days.
Expecting a bullish movement till 1000 - 1100 levels in the coming days / months.
Read more...
Hello All,
Congrats! Channels helped us to get 400+ points in Indigo as suggested in last idea. Aviation stocks got badly hit & all were searching for safe landing since June 2018.
Last Idea - Pilots Never Tell_ Plane will crash but channels do --You can click the idea to check the details
Aviation Stocks since June 2018
Jet Airways slipped from 400 to...
Based on my "xMRSI-Progresser" predictive trading methodologies, its going to be a GREEN candle on 26-Sep-2018 for INDIGO
Buy Above(5Min candle close): 854.9 for targets -
T1: 861.3
T2: 865.2
T3: 869.2
SL: 848.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
