No more ruling the skies of the aviation sector!! - INDIGOInterglobal Aviation (INDIGO) has shown several bearish patterns recently, indicating potential downward trends in its stock performance.
Weekly : Bearish Engulfing Candlestick Pattern.
Daily : Three Outside Down with very weak volume
Each candlestick pattern confirms a bearish trend, suggesting a short trade. Additionally, global factors are expected to impact the aviation sector.
Entry: 4425
Stop Loss: 4740
Target: Open/Mentioned.
Let me know if you found this interesting.
Happy trading! 😄