Indigo
Intra and Swing SetupIntra and Swing Setup: Looks good to enter when it breaks out of the box around or above 1380 with strict SL of 1350 for the target of 1430/1480.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Indigo, Weekly TimeFrame and 4Hrs TimeFrame Overview.Value High is good to sell this stock 1372 below for targets 1287(Control Price 2) and Weekly chart 1210.
Target 1210 if the price sustain below 1360
As per the weekly chart, Buy INDIGO for targets 1480 nearby only if price close 1350 +
Param ount Underline is st ronger resistance and price can fall that why don't you suggest trade heavy volume.
INDIGO SHORTI hope you can now see how Indigo represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
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Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Indigo stock for long entryBO of Weekly done above the level of 1230. Now entry can be taken above the price of 1307 for the target price of 1355 with the SL of 1270. here SL can be trail as per your risk to reward ratio.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
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Indigo stock for long entryIndigo stock is to take for long entry. After the BO of TL above the price of 1255 long entry can be taken for the next target level of 1292 with the SL of 1228. We have seen the Positive divergence & stock is trading above the 20 EMA level. if stock able to cross the 1300 level we shall seen the more strength in the stock. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.