Interglobe Aviation Cmp 3693 dated 12-4-2024
1. Bearish Engulfing @ top
2. RSI reversal
Sell below 3670 target 3650-3575-3540-3515-3470 SL 3770
It is just a view, please trade at your own risk.
📊 Script: INDIGO
📊 Sector: Air Transport Service
📊 Industry: Transport - Airlines
Key highlights: 💡⚡
📈 Script is trading near upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 62.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3179
🟢 Target 🎯🏆 - 3385
⚠️ Stoploss ☠️🚫 - 3072
⚠️ Important: Always...
Trade Type:--- This is a conditional trade you can trade now.
Rules _for Advice
1 : Observed all Trend
2 : Trade in Short-term trends for a short time
3 : High Low followed
4 : Indicator followed
5 : Waited for pattern Formation and Breakout Point
6 : Pre Defined Stoploss and Target ( Given @ Line of both)
7 : Pre Defined Loss and Profit(Given at Top...
Date : 5-Oct-2023
Rating : Buy
LTP : Rs. 2473.40
Target : Rs. 2745++
Exit Plan : Follow the 7D/13D EMA cross down on closing basis.
NSE:INDIGO has given a break out from its current short term down trend with high volume. Has closed above 20D MA. 7D EMA has crossed 13D EMA. RSI is above 50 and MACD has crossed over the signal line. All these indicates that ...
Indigo Going to Break Major Hurdle After Soo Long Time with Great Volumes, But Have to wait for reconfirmation about retesting or Breakout - Consolidation - Continuation
Buy < 3020 upto 2980
sl close below 2970
easy tg 3080
tg2 - 3130
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
IndiGo, a prominent player in the aviation industry, is currently displaying noteworthy characteristics on its charts. Technical analysis reveals a breakout pattern from an ascending triangle, indicating a potential bullish trend for the stock.
Investors paying attention to IndiGo may identify this breakout as a significant development. The ascending triangle, a...
📊 Details
Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its...
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: INDIGO
🔍 Description: Stock is rising and now making rising channel.
Which is bearish pattern.
We can see downside from hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Fib - this is the first time the stock has shown strength. the recent dip to 38.2% was an indication of strength. Fib extension is indicating immediate resistance at 3100. Above this we will see 4K.
RSI- The oscillation of the RSI was always within the bull range, indicating bull trend being intact. The higher support now is an indication of further...
# INDIGO #
# SHORT TERM VIEW BEARISH #
# SELL - 3019 : 3000
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
