indigo bearishh&S pattern. weak results, rising petro prices. for education purpose onlyShortby mitsoiUpdated 110
Pennant Pattern in INDIGOIt gave a breakout from consolidation ( consolidated for a year ) few days back and formed pennant pattern . Good to go long on breakout of this pattern . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk. by rrajesh145111
Interglobe Aviation ShortHead and shoulders: 3 Peaks with the middle one being the highest indicate a head and shoulder-like formation which indicates a Bearish Reversal and a major downtrend. This breakout is accompanied by huge volumes being traded and generally a long bearish (red) candle. One can expect the prices to go as low as the difference between the topmost peak and its baseline. In this case we can expect an approximate of 15% fall in the prices if such a breakout is to happen. Keep an eye out as the pattern is still incomplete. This graph is only for educational purposes; invest at your own risk. Stoploss: 2055 Target: 1650Shortby shubh010305223
Indigo Cmp 2016 dated 19.10.2021 SELLIndigo Cmp 2016 dated 19.10.2021 SELL 1. Trendline breakdown @ 2000. Sell below 2000 for a tgt of 1955-1920-1890 SL 2040 It is just a view, pls trade at your own risk.Shortby SHEETAL_UDESHI2
INDIGO in mood to fly A aviation sector is in mood to fly again. The positive news for sector and healthy consolidation will push indigo to new levels. Keep watchingLongby TradeshellOfficial1
Rebounded SharplyOn the weekly chart, the stock has revisited its Sep breakout zone of 1900-1880 levels and rebounded sharply On the monthly chart, the stock has also decisively broken out its two years “Multiple Resistance Zone” of 1900 on a closing basis indicating strength on a long term charts The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum. The above analysis indicate an upside of 2260-2350 levelsLongby tusharvispute13
INDIGO TRADE SETUP FOR TOMORROWThere is strong resistance of 2051, stock two times rejected from this level. . Indigo share break the resistance and then now it is in the correction mode. . So for tomorrow you can buy this trade once it goes above 2051, for the target of 2140. . Note: There is also a news that domestic airlines will be restart from Monday so we can see this news effect on this share. . So we can see the gap up or good momentum in the morning and after the 12 maybe stock will do consolidation. . What's your view on this comment below in the boxLongby neerajlalwani0810
INDIGO - Head and Shoulder NSE:INDIGO Expect the Stock to correct and take support around 1662-1600. This seems logical as there are 2 new entrants in Market Disclaimer : Its my opinion not a Recommendation.Shortby sakashik0
Indigo Airlines_Target 3000Indigo Airlines (Interglobe Aviation). Target 3000; SL 1850. Check the chart to find all the details.Longby Mayur_Undale3
Simple Trade Setup | INDIGO | 29-09-2021 [INTRADAY]NSE:INDIGO Observations: 1) On Daily Time Frame, we can see that it just closed above 21DMA which is placed at 2018.05 level on daily time frame. Also it took support from 1985 and closed just at 2023 level. 1985 to 2023 level is very critical zone. It can bounce back to be bullish from here if it holds above it and takes support from here, otherwise breakdown on this range will make it bearish. Please refer below chart : Daily Time Frame. 2) On 15 min time frame, we can see the signal of bullish divergence as price is making lower lows while RSI is making higher lows. So if it sustain above 1985-2023 level range then there is good chance for up move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 29-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.by Trading_hawkUpdated 0
INDIGO - Good to LONGINDIGO - Good to LONG . Aviation industries are going to start thier upside as travel ban is planned to be lifted by rrajesh1451
indigo long it at 1980-2000 levels with sl below 1930, and can target 2500 areas. Longby Manoj_Korrapati1
INDIGO... FLYING HIGH...A good channel breakout and retracement to the resistance trendline. Now the script will continue to rally. Longby Stock-Holmes1
Indigo - Interglobe AviationSo usually airlines are the worst stocks to invest in, we all have seen the Billionaire meme, how to become a millionaire? Be a Billionaire and buy an airlines company. he he.. Anyway. So, I observed that Indigo has fallen quite a lot. Also, its exactly at the support. there were interestingly two supports, one blue line which is the Corona Times channel and the other on is usual stock rebound support. I was confident that since Airline travel is picking up and people with double vaccination are not required to get RTPCR reports, now is the best time to enter indigo. For swing only please. The red line and above is a very good first target. *Disclaimer - This is for learning and understanding of charts purposes only. Please consult a stock market registered expert before putting in your hard-earned money :) ... Longby DoublebassmaniawithPranavUpdated 223
INDIGO potential reversal from supportAfter breaking out the important resistance level that INDIGO failed to break multiple times previously, it has taken a support at the same level this time and hence it seems a good BUY trade at 1953.60 with SL at swing low 1859.70 and RR 1:2.Longby RainbowTradersUpdated 0
INDIGI IS IN TIGHT CONSILADATION (ANALYSIS OF INDIGO)A breakout from a consolidation pattern signals a victory by either buyers or sellers over the other. Standard breakout trading techniques include buying long and covering short when prices break through the resistance level, or selling short and covering long when prices drop below support. More conservative traders look for some confirmation before entering these trades, either through analytical tools or continued price action. Consolidation Strategies It is common for a support level to become the new resistance point after a bearish breakout and for a resistance level to form support after a bullish breakout. Sometimes consolidations show triangle or pennant patterns, making it possible to execute continuation strategies. Before determining how to trade a consolidation, identify how long the pattern has held. There are no appreciable time restraints on a consolidation. Intraday consolidation can last for only a few minutes or hours. If you look for active intraday trading, consult technical analysis software for dynamic information updates. Some consolidation patterns last for days, weeks, or even months or years. These patterns are susceptible to false breakouts, making it important to seek confirmation of prices before looking to capitalize on a trend. Countertrade and contrarians can still trade on narrowly consolidated stocks, but there is often less room for profit due to the small range. by capitalsmack0
Buy Interglove AviationBig volume pumped in weekly and daily chart. Breaking a major resistance.. by rajendra1608920
Expecting 2400+ soon!Stock has given BO on DTF after weeks of consolidation and with great volumes. Expecting this momentum to continue and may soon see 2400+ levels. Longby Equity_OptionTrader2
INDIGO - Weekly Flag PatternNSE:INDIGO Indigo has formed a Flag Pattern in Weekly chart and has given breakout and retested the level. Above 2200 T1 - 2700 SL - 1770 Disclaimer : Its not a recommendation to buy sell or Hold. Longby sakashik0