One Right Trade's Swing Trade Idea #183 : Long on INDIGOThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Indigo
Intra and Swing Setup: Looks good to enter around or above 1360Intra and Swing Setup: Looks good to enter around or above 1360 with strict SL of 1350 for the target of 1400/1430/1480. This is already pulled back many times so this time it will show good strength to go up.
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.
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 .
Thank You
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