INTERGLOBE AVIATION LIMITED BSE:​INDIGO

It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes ...

It is been observed that the price action is showing a positive buying at the support zone indicating reversal at support zone. T1- 1220 SL-1175

Interglobe Aviation :: Close above 1348(with better than average volumes) could give a good appreciation. Keep a watch with a Stop at 1268 (2*ATR) and Targets at 1500,1900(Long Term) and beyond.

It is been observed that the price action is breaking above the resistance zone and indicating a further upward move ahead. Target1: 1310 Target 2: 1325 Stoploss: 1280

Currently in Bullish MACD crossover with decent volumes. Seems to have entered a temporary sideways zone after decent rally. Note that there is good support zone formed between 1103 and 1108 which can be used for SL depending on risk appetite. Take targets anywhere between 1130 and 1138. Not ruling out an upward breakout here but typically sideways movements ...

as we can see the bullish kicker signal and a two doji in oversold condition and price are above 8 ema and i would suggest to hold the stock till 894