Indigo reversing from the support line. One can be long for a target of 50 points.
Indigo is taking support at its swing low. The trend is upward. Though RSI is showing Class B Bearish divergence, I have a long bias as the trend is up and because of the Indian Election favourable exit poll.
The following all the sign of down break out but the price is still in the channel. Gap has been seen in the value area. The price spike also still in the channel. Volume raised with price fall. The Gap has been seen, and spike with raised volume which very important for a trader. If this is down breaking out, the price can still 100 points to...
This is small channel that is not reliably in a bigger channel's comparing, yet value high " DOJI " is important to short this stock.
Buy at current price with a stop at Rs.1440 for a target of Rs.1640 and above
Indigo seems to have entered a distribution phase. It enjoyed a stupendous rally on the back of Jetairways going kaput. The Rsi has given confirmation on the weekly charts and it would be wise to book profits on longs. With crude rising the party in Indigo might come to a temporary pause.It might touch levels of 1400 -1332 in the short run. The Fibonacci...
Levels mentioned on the chart. - Animesh Vashisht (This is only my opinion not financial advice)
SELL INDIGO 1426-1429 and stoploss mentioned in chart Below are option trade data 1400 strike PUT: BUY INGIGO put 32-33 with stoploss Rs.30 and targets 40-44 and 47-52
Sell Indigo at 1314 Stoploss closing above 1360 Target 1220 1084
INDIGO following upper channel, making HH & HL. Bears refusing to go down, bulls are ready to take charge. KEEP IN WATCHLIST !!!
End of 5th wave, short if crosses below 1230 TGT 1 - 1180 TGT 2 - 1123 SL - 1340
INDIGO (Interglobe Aviation Ltd) SELL BELOW 1107
Buy Indigo on dips for 12th Feb with a SL of 1162 and target of 1207. Do not take a trade if it opens above 1199. Adjust trading volumes as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results...
BUY INDIGO if breaks 1078 , target 1086