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Volatility Contraction Pattern | Indigo Paints✅The Volatility Contraction Pattern (VCP) is a price pattern that indicates a potential breakout. ✅How it works:- A stock's price volatility contracts before a significant price movement, which can result in explosive upward momentum. 💡 Indigo Paints Overview 1️⃣Short-Term Outlook 👉Caution Advised: Current indicators suggest short-term caution for investors . 👉Diwali Impact: Potential boost during the festive season as paint stocks typically gain interest 👉Sector Sentiment: Positive investor sentiment in the paint sector may support demand . 2️⃣Recent Performance 👉Stock High: Reached a 52-week high of ₹1,649.1 on October 21, 2024 . 👉Earnings Report: Strong revenue growth, but EPS missed analyst expectations . 👉Insider Activity: Recent share sales by executives raise concerns . 👉Market Position: Stock increased by 5.28%, outperforming the sector . 3️⃣Long-Term Investment Analysis ⭕️Positive Factors:⭕️ Revenue Growth: Increased 18.47% YoY, indicating strong sales EPS Improvement: Up 12.59% YoY, showing profitability growth ✅Concerns: ✍️Market Underperformance: Stock returned 16.2% over the past year, below the Sensex's 21.4% ✍️ROCE Decline: Latest ROCE at 23.65%, suggesting potential efficiency issues 📌 Conclusion Indigo Paints has growth potential due to revenue and EPS increases, but investors should remain cautious about market performance and ROCE trends. ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:INDIGOPNTS
by ReviveTraders
2
Indigo Paints cmp 1654.15 by Weekly Chart since listed*Indigo Paints cmp 1654.15 by Weekly Chart since listed* - Resistance Zone 1640 to 1680 soon to be Support Zone subject to Breakout made - Weekly basis Support at 1501 > 1351 > 1174 with Resistance at 1770 > 1905 > 2050 - Back to Back repeat Bullish Rounding Bottoms with the current Resistance Zone and soon to act as Support Zone - Traded Volumes are needed to sustain Breakout attempt over the Resistance Zone soon to be acting as Support Zone - Price sustaining well above Falling Resistance Trendline and attempting Breakout above Resistance Zone soon to be Support Zone
NSE:INDIGOPNTS
by PIYUSHCHAVDA
Indigo 14.2.22INDIGO : LONG 14.2.22 Analysis : 1. Price : HH/HL, near ATH 2. Pattern : W 3. Volume : rising 4. Momentum : GFS 5. Volatility : 15m squeeze opening 6. Trend : bullish (Price and RSI) 7. Trend Strength : +DI / rising 8. Time analysis : nearing full moon 16.2.22 (crossing ATH possible) Trade Setup : (1HR Chart, Intraday) CMP : 2265 Entry : 2285 Stop : 2244 (ma) Points : 41 Target : 2380 Points : 95 RR (P/L) : 95:41 = 2.3:1 Max Loss : 9000 Possible investment scenarios : CASH : Number of shares : 220 Investment : 502700 Max Profit : 20,900 Max Loss : 9020 FUTURES : (1Lot only) Number of shares : 250 Investment : 1,42,000 Max Profit : 23,750 Max Loss : 10,250 Pyramiding (Futures) : Convert to BTST trade from Intraday In futures you can take 3 lots if you have 5L capital. 1st lot : 2285, SL = 2244 2nd lot : once SL is above 2285 3rd lot : once SL(MA) crosses SL of 2nd lot Trail SL if prices crosses final target of 2380, this is All Time High
NSE:INDIGOLong
by Purvishdiwanji
Simple Trade Setup | INDIGO | 28-12-2021 [INTRADAY]NSE:INDIGO Observations: 1) On 1 day time frame, after taking support and making bullish move from 200DMA, today it closed above 100DMA. 100DMA is placed on 1970.19 level. This will now work as support. Please refer below chart : 1 day Time Frame. 2) Also on 1 day time frame, we can see that is forming double bottom pattern and if it sustain above the neckline which is above 2025 level range then it will be bullish. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 28-12-2021 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 respective level considering how price action works near that level.
NSE:INDIGO
by Trading_hawk
Broadening Wedge Pattern in INDIGO projected 2370+ targetIn 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 level. Possible it will face resistance level near 2260(nearly 100+ points). For this trade can place stop loss below support level. Also, Can hold this trade with trailing stop loss for breakout entry. 2) Breakout Entry:- Once this stock reached it's resistance level there have chances of breakout. Once this gives breakout can go long for target of 2370+ with stop loss below resistance level. Disclaimer: Consider this post as an education purpose. Before taking any trade always consult with your financial advisor. All mentioned patterns and levels are based on probability and previous history. Don't consider it as a surely. Always trade with risk management.
NSE:INDIGOLong
by TradZoo
4
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 - 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