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Indigo

Simple Trade Setup | INDIGO | 29-09-2021 [INTRADAY]NSE:INDIGO Observations: 1) On Daily Time Frame, we can see that it just closed above 21DMA which is placed at 2018.05 level on daily time frame. Also it took support from 1985 and closed just at 2023 level. 1985 to 2023 level is very critical zone. It can bounce back to be bullish from here if it holds above it and takes support from here, otherwise breakdown on this range will make it bearish. Please refer below chart : Daily Time Frame. 2) On 15 min time frame, we can see the signal of bullish divergence as price is making lower lows while RSI is making higher lows. So if it sustain above 1985-2023 level range then there is good chance for up move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 29-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:INDIGO
by Trading_hawk
Indigo - Interglobe AviationSo 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 the other on is usual stock rebound support. I was confident that since Airline travel is picking up and people with double vaccination are not required to get RTPCR reports, now is the best time to enter indigo. For swing only please. The red line and above is a very good first target. *Disclaimer - This is for learning and understanding of charts purposes only. Please consult a stock market registered expert before putting in your hard-earned money :) ...
NSE:INDIGOLong
by DoublebassmaniawithPranav
2
INDIGO - Bullish BreakoutThe stock has broken out of the parallel channel. We can look at targets of 2055 if the trend sustains. Tread cautiously as the RSI is in the overbought territory, hence the trend can reverse. Buy only if the stock sustains the levels of 1900. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
NSE:INDIGOLong
by Yes2Profits
Indigo - Expecting More than 100% returns🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:INDIGOLong
by PrakWorld_Traders
Trade setup For IndigoNSE:INDIGO 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 Aviation industries would bounce back and we must not miss such good quality stock to buy on dips Rest Deatils can be Known from the chart
NSE:INDIGOLong
by Arshad_Khatib
1