INDIGO trade ideas
Breakout in IndigoResistance breakout in Indigo. Wait for retrace and go long
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Indigo, Weekly TimeFrame and 4Hrs TimeFrame Overview.Value High is good to sell this stock 1372 below for targets 1287(Control Price 2) and Weekly chart 1210.
Target 1210 if the price sustain below 1360
As per the weekly chart, Buy INDIGO for targets 1480 nearby only if price close 1350 +
Param ount Underline is st ronger resistance and price can fall that why don't you suggest trade heavy volume.
Indigo- Important Resistance-1355If Resistance 1355 holds as the top then we expect 1180 ( 1st Target) & falling below 1180 more on the downside
Last Price- 1322 / 13:03 Hrs / 5th Oct 2020
Strict Stops Above - 1355
1st Target Downside - 1180
[Positional] Indigo Short IdeaShorting Bias (It means why I am looking for short BUT it only triggers short when PDL breaks) based on comments of news of Boeing -
Industrials were held back, however, by a fall in Boeing (NYSE:BA) after the aircraft maker cut its forecast for demand and warned it could take more than a decade to recover from the Covid-19 pandemic.
The aircraft maker forecasts demand for 18,350 commercial airplanes in the next decade, down 11% from its 2019 projection.
Indigo View- LongIndigo::
Strong Resistance Breakout possibility
Looks Good above 1357 with a SL of 1349
straight outta stratosphere pivot points are targets. watch out for pink lines , strong possibility of reversals at those points so treat them as possible targets
Indigo (WW + Harmonics)All patterns are reversal patterns. Better to wait for price to reenter the trendline and give a false breakout scenario
Intraday (5-10-2020) - INDIGOLong bias - price in uptrend on higher time frames and price hovering near weekly CPR without going down
Indigo stock for long entryIndigo Stock to take long after the BD of TL @ 1282. SL 1258 TGT 1300-1325 . This is for your educational purpose only.
Symmetric triangle - Indigo breakout. Price forming symmetric triangle pattern and it is about to break. Wait for the level and take the trade.
