Bullish engulfing Indigo looks weak currently. As bullish engulfing is formed in the monthly time frame.
Disclaimer:
The above analysis is for educational purposes.
INDIGO trade ideas
GO SHORT BELOW CLOSINg 1860-1850 #INDIGOGO SHORT BELOW CLOSINg 1860-1850 #INDIGO. Looks weak on chart and virus will break it more.
indigo detailed harmonic analysisAs you can see clearly that stock has completed its bullish pattern at 2281 and fell from there, now the possibility 1 is it can start consolidating and move in a range as marked with two red lines. It has actually already started going up from lower red line as last candle is already green but if this lower red line is breached direct support is at 2005, now possibility two is (for conservative investors) fresh long only when candle goes above falling yellow trendline and closes above it then indigo will make fresh highs as shown with arrow for target of 2362 approx and stock will never go above this level one can short there
good luck
invest and trade at your own risk
INDIGO GOOD FOR 20%WEAKNESS BELOW 1900
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
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indigo indigo is on important level if covid 19 news is critical then this share consider sor selling
but wait for breking its support level
double bottom pattern in INDIGODouble bottom pattern
volume breakout
horizontal resistance breakout
levels are self explainatory
Breakout possible in INDIGO as per weekly chartA good weekly resistance may be broken in INDIGO which can give us further up move towards 2400+ levels.
Weekly Volume is good as well as RSI is around 69 which gives us possibility of further upwards move for some more time.
Once can take a BUY above current levels with SL below 2248.
Breakout and closed above trendlineits closed above trend line & consolidating a range anticipated quick sharp move soon just keep eye on radar
INDIGO BO!INDIGO trading at 52wk high!
Buy above 2333
SL 2202
Target 2565
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Swing Trade 15.11.2021my first analysis with trend.
Latest news about InterGlobe Aviation Ltd INDIGO, which operates India's biggest airline, fell 4.6% after the company posted a bigger quarterly loss on Thursday and warned that steep fuel prices were a concern.
INTERGLOBE AVIATIONhuge volume on breakout,,,rsi was rising above 60 so its indicate bullish sign...
#interglobeaviation #indigo inverted weekly HNS breakoutThe stocks seem to be breaking out of an inverted head and shoulder pattern on weekly.
Daily may be breaking out a flag pattern after earlier consolidation.
The volumes are above moving average.The trend indicator is in dmi positive bull zones
on all timeframes and trend strength is seen rising on all timeframes.
Momentum also is bullish on all timeframes. With a stop loss below neckline of the pattern
This swing /positional trade could further move reasonably good risk reward if pattern works out.
Indigo Positional View !!INDIGO : cmp : 2023.05
After hitting ATH a good retracement/profit booking has been seen in last week.
A hammer kind of pattern has been formed in D chrt.
Took support near 2000 lvl.
So we can expect a boune back from here.
For trading buy above 2060 lvl.
Accumulation zone : 1960-2040
Profit booking zone may be 2240-2320+
SL 1945 Dclbs /According to ur risk apetite.
Positional tgt 2560
Sl 1892 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Broadening Wedge Pattern in INDIGO projected 2370+ targetIn 30 minutes time frame,
INDIGO showing consolidation zone and creating broadening wedge pattern. Currently it's trading near the support level of this pattern. So most chances there have a reversal from this support level. There have 2 possible entry's in this stock as below:
1) Reversal Entry:-
Can take entry near support level with targets upto the resistance level. Possible it will face resistance level near 2260(nearly 100+ points). For this trade can place stop loss below support level. Also, Can hold this trade with trailing stop loss for breakout entry.
2) Breakout Entry:-
Once this stock reached it's resistance level there have chances of breakout. Once this gives breakout can go long for target of 2370+ with stop loss below resistance level.
Disclaimer:
Consider this post as an education purpose. Before taking any trade always consult with your financial advisor. All mentioned patterns and levels are based on probability and previous history. Don't consider it as a surely. Always trade with risk management.
SHORT INDIGO: HIDDEN DIVERGENCEINDIGO is consolidating near important resistance level for quite a few days. It can be shorted for target till 44EMA
Interglobe Aviation Daily chart structureIndigo after a stge breakout formed an apex consolidation pattern. broke out of it, retestsed the stage breakout level, and is looking bullish in the medium term, a potential swing trade opportunity with SL just inside the stage breakout region.
1:2 in Indigo after triangle breakout on Daily chartsA symmetrical Triangle breakout in Indigo after a good consolidation. I have represented the trade with a possible 1:2 on the long side.
Kindly note that this is not a recommendation but only for knowledge purpose. If you trade, its your responsibility to manage it.
Symmetrical trianlge !!Will it take-off or crash...have to wait n watch !
Key levels mentioned on chart.
Kindly do your analysis before initiating trade.
