Watch out Indigo
Keep in watchlist as it has come to a strong trending support levels
Support from any of the levels will lead to a good Up side
It is a Good Quality stock and is at very good valuation and pricing
Investors can accumulate this stock, as we all know Global Pandemic will not last forever and today or tomorrow
wait for conformation what ever side it give breakout that side it will go . trade with stop loss as per your trading strategy.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
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...
It has been observed that the price action is consolidating for last 6 months between the range of 300 points from 1500 to 1800 levels.
Flight 01 (Up)
Investors who want to enter in the stock can wait for a breakout above 1800 levels on daily chart with good volumes in order to confirm the up trend in the stock. In my opinion, the company needs some positives...
Hello guys i had find this setup which is in sideways trend and had given a good selling opportunity in 4h timeframe lit is a swing trade with good RR ratio you can go for sell when it break trendline and also i had done some fundamental analysis on it that i had give the bad quarter result and i request you all do your own analysis before taking any position in...
Indigo has been trading in a channel since the 10th of November 2020 (1500-1790) possibly due to COVID and the near term outlook of the industry being a factor.
However, since the last week of April, its been in a steady uptrend, and is now back at the top of the channel (1785-1830 almost a 2.5% zone)
Owing to the long consolidation period and...
▰ Stock of The Month #3: JUNE ▰
📌 I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ I will post the remaining patterns one by one every month. For more, you can check out my previous studies 😍 as well. Kindly see my...
After a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave.
One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the...