INDIGO trade ideas
Indigo ChartINDIGO CHART
Case-1:If it takes Support and bounce back upwards then we can look for Long.
Buy above 1777
Targets are 1799,1803.8,1814.3,1821,1830++
SL-1793
CASE-2: If it breaks Support then choose Sell.
SELL BELOW 1741.55
TARGETS ARE 1735,1727.2,1718.85,1704.15,1698.2,1670.4--
SL-1777
INDIGO 1810 || SHORT || INTRADAYSHORT below 1810 SL 1820
Targets 1800, 1790, 1780, 1770, 1760, 1750, 1740
OR
INDIGO 31OCT 1800 PE (₹60.05)
IndigoIt is at a Bearish Harmonic Pattern AB=CD prz. A reversal from here could take it to 1750/1650 levels. Confirmation for that would come if it sustains below 1840 for an hour. In that case view would negate above 1880
INDIGO..max altitude?INDIGO has been a stunning out performer.
it has hit a weekly and monthly resistance. and also has moved away from its 20 dma.it can retrace back to 20 dma with time.
it is a very unpredictable stock, plan your trades accordingly..
#INDIGO CASH : LOOKS GOOD ABOVE 1883.10#INDIGO CASH
29 SEPT 2019
(ALL SHORTS ONLY BELOW 1827 LEVELS)
BUY POSITIONAL ABOVE 1883.10
& DIPS 1870-73
SL 1850
TGT 1920/1940-50
CMP 1851.80
Indigo looks weak below 1793Short if it sustains below 1793 for the targets of 1710 and 1625 until 1833 is intact on the upper side.
Happy Trading!
Rachit
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 CASH : SELL BELOW 1785 AND LONG ABOVE 1830#INDIGO CASH
25 SEPT 2019
GOOD SELL BELOW 1785
STOPLOSS 1800
TGT 1766/1752
GOOD BUY ABOVE 1830
SL 1810
TGT 1848-50/1870/1900
CMP 1803
Holding above very strong supportIf the bullishness persists then by the next monthend the scrip may see a level of 2150.
Indigo - Rising WedgeChart formed rising wedge along with good resistance at 1738-40 levels.
Can expect some downside. Below 1700, it is going to be an interesting journey downwards
Disclaimer: Chart only for study and not for taking positions based on this chart.
INDIGO SHORTNSE:INDIGO
CHART BY HARMONIC LEARNING AND EARNING
#INDIGO
SHORT RANGE 1836 TO 1839 SL 1895
T1 1736 BOOK 75% T2 1672 BOOK BOOK ALL OR USE TSL
Indigo Short Opportunity !!TREND ANALYSIS
TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then short.
Indigo is forming the Rising Wedge PatternIndigo is trading under Rising Wedge pattern and we may see the breakdown soon.
I would update the idea once we get confirmation.
Rachit
INDIGO.. flying high too steep?INDIGO has been on its own flight path up with occasional massive or 2 corrections.
thought the stock has hit 52 week and all time high, 1750 1760 seems to be major resistance zone as shown.
would advice longs to be careful.
INDIGO SHORT | Rising Wedge Pattern Forming | It'll Fall |INDIGO - Short | Rising Wedge Pattern |
90% Sure Call that Axis Bank will go down
Confirmation =1600
b]Target =1500
NSE:INDIGO
NOTE : CONSULT WITH YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
INDIGO - Double top pattern in a weekly time frame chartThe Indigo stock has been facing major resistance at its lifetime high level of 1716 after the formation of a double top pattern in a weekly time frame chart. This pattern is supported by the RSI indicator, which is consistently descending from the overbought region and is currently below the downtrend resistance line. Hence, the stock is likely to come under selling pressure and will get first support at 1503, and second support at 1301.
INDIGO 30 min ChartIndigo started rejecting the resistance area.. may get a shorting opportunity near to 1650 (near the 50 MA) ... wait for the trigger..
