INDIGO trade ideas
indigo short entry to be takenShooting star candle has been at the higher resist. level . Now can take short entry after the BD of TL & 20 EMA 1666 TGT 1550 -1525-1500. at the No trading area. stock is expected to touch the blank area soon in coming session. SL 1730. This is for your educational purpose only.
Indigo#indigo Intraday view... looks like it will fill gap, short it if crosses trendline, may be 1550 levels for next target 1500...
Indigo Facing price rejection at multiple tops and has a gap to fill between 1495 to 1550. Trend line rejection as well at the top. Will short with SL of 1645 for target of 1550, 1475.
Not a SEBI Authorised advisor. Charting for personal trading purpose.
Indigo- Buy for 150 pointsIndigo is currently at Fibonacci support. Pullback trade(BUY) at CMP-1342 with 20 points SL and 100-150 points target
Indigo - Crazy move another 100 points duePrice breaks the resistance with a crazy move, which is a rare scenario to trade. Now again price is forming a triangle pattern if breaks up then another 100 points move is very possible with the same intensity.
No idea why this airline stock is moving so crazy, but something is happening behind the scene, take extra care
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Text Book Example of Contracting leading diagonal Hello Friends i have made some efforts in explaining the one of the pattern which is formed rarely but still exist and it was identified by R N Elliott
he explained it as Contracting leading diagonal , which leads to new trend ,
One can look for entering in stock at CMP or small pull back so that you can make money holding it till 3000 ,
Good luck
Bullish Distribution NomenclatureCase A:
Case B:
Sideways trend yet moving upside in a tilted fashion.
[Positional] Indigo Gap TradeAs per the charts.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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[Buddha] INDIGO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
INDIGO - 1Hr chart, seen a consolidation following an uptrend please take entry once u get a proper breakout or reversal from the levels, do not hesitate to contact me with any kind of queries.
Kindly support my views.
INDIGO - Just broke the resistance 1D chartonly take entry once u get a proper breakout or reversal from the levels, kindly support my views.
Indigo- Good Setup to Go Long- Swing TradeNSE:INDIGO is forming good Base and Crossing 1395 will be Good Buy for Target of 1600 with SL1300.
My Analysis point of view is for Swing Trade based on Delivery stock.
Why Bases Form
A base visually represents a great stock’s need to take a break. After a nice run-up in price, preferably 30% or more, such a stock will decline – in most cases, mildly. This is often the beginning of a new base. At some point, demand among mutual funds, banks, hedge funds, pension plans, and the like suddenly spikes. So, does the stock’s price. A breakout past a base’s proper buy point begins.
Good Read Related to Understanding Bases/Pattern and how to Trade them
blog.marketsmithindia.com
Indigo has given upside breakoutIndigo has given upside breakout from ascending channel, buy it at CMP 1486 for a tgt of 1542, 1623, 1700+
Sl: 1300
Timeframe: 1-2 months
INDIGOIF IT CROSS THE BOX THEN IT MAY HIT 1706.
DAILY RSI ALSO ABOVE 60 AND WEEKLY ALSO ABOVE 60. FOR ME INDIGO IS VERY BULLISH.
INDIGO: ALGO BUY SIGNAL HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
INDIGO has given breakout @ 1380Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
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.
