In 30 minutes time frame, INDIGO showing consolidation zone and creating broadening wedge pattern. Currently it's trading near the support level of this pattern. So most chances there have a reversal from this support level. There have 2 possible entry's in this stock as below: 1) Reversal Entry:- Can take entry near support level with targets upto the resistance...
Head and shoulders: 3 Peaks with the middle one being the highest indicate a head and shoulder-like formation which indicates a Bearish Reversal and a major downtrend. This breakout is accompanied by huge volumes being traded and generally a long bearish (red) candle. One can expect the prices to go as low as the difference between the topmost peak and its...
A aviation sector is in mood to fly again. The positive news for sector and healthy consolidation will push indigo to new levels. Keep watching
NSE:INDIGO Expect the Stock to correct and take support around 1662-1600. This seems logical as there are 2 new entrants in Market Disclaimer : Its my opinion not a Recommendation.
Indigo Airlines (Interglobe Aviation). Target 3000; SL 1850. Check the chart to find all the details.
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...
long it at 1980-2000 levels with sl below 1930, and can target 2500 areas.
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...
NSE:INDIGO Indigo has formed a Flag Pattern in Weekly chart and has given breakout and retested the level. Above 2200 T1 - 2700 SL - 1770 Disclaimer : Its not a recommendation to buy sell or Hold.
INDIGO breakout with high volume in weekly chart, My trade setup is below Buy around 2000 SL below 1700 Target above 2600+
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#INDIGO (D):-2109.05 CMP, Trading into an upward channel in the daily time frame finally broke the channel yesterday..
Analysis mentioned over chart Swing and Intraday Levels
Good setup in Indigo. Note: Only for educational purposes. NOT a trading or investment advice.
INDIGO broke out of its 1900 ATH zone last week. The price then pulled back to 1900 and has exhibited continuation pattern today. Fresh longs may be initiated for the continuation trade in the direction of the breakout.
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