INDIGO trade ideas
Indigo- Careful At Tops 1745 (Wave Analysis) Next impulse may have started downside - if correct. Stock can fall to 1325 from where thrust started upside on 11th Nov2020
Holding below 1745 - Expect 1325 (Target 1)
Thanks
[Positional] Indigo Retest theory this triggered in the last week of expiry and i missed
Beautifully it filled the gap and took gap support
NOW, it is at same sell trigger point which mean retest theory will come to play. i.e. short on day low's break
PS: I don't think it will trigger today but it can trigger anytime
Indigo Long From pull backBreakout done nicely with divergence and conversion line confirmation . we can go for long from pull back or current market
Indigo - some buying interest at supportIndigo is testing support level and seeing some buying interest. Although a trade should be taken only after seeing sustained buying and consequent price appreciation. Track closely for positive momentum
Indigo Retest Successful!Hoping it will reach all time high soon.
Good risk to reward ratio.
Can go long at cmp with SL below 1500
Let's FlyAirline stock giving fibonacci retracement of 0.5
Buy it with strict stop loss
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Indigo consolidating Indigo continuously consoldating after downtrend
If breaks upward :- buy above 1520 , target 1525-1530 , SL 1516
If breaks downward :- sell below 1505 , target 1500-1496 , SL 1510
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.
