Indigo Trade with sl of 2125Entered Indigo at 2090 with Sl of 2010. As the stock moved up now have trail sl to 2125-2135 range on a 15 min closing basis..
INDIGO trade ideas
INDIGO #INDIGO (D):-2109.05 CMP, Trading into an upward channel in the daily time frame finally broke the channel yesterday..
Indigo looks good for a run here.Good setup in Indigo.
Note: Only for educational purposes. NOT a trading or investment advice.
INDIGO Breakout Pullback ContinuationINDIGO broke out of its 1900 ATH zone last week. The price then pulled back to 1900 and has exhibited continuation pattern today. Fresh longs may be initiated for the continuation trade in the direction of the breakout.
INTERGLOBE AVIATIO (swing)INDIGO looks bullish, has been in a consolidation for a long time, it broke darvis box, now trading above major resistances looks good for a positional trade, entry 1965, stop loss 1746, first target 2294
INDIGO | 9 Months consolidation breakout and retesting - 35%INDIGO | 9 Months consolidation breakout and retesting - Potential for 25% - 35%(Weekly TF chart)
CMP : 1920
SL : 1800
Target : 2600
Almost 1:4 risk reward setup
INDIGO - Bullish BreakoutThe stock has broken out of the parallel channel. We can look at targets of 2055 if the trend sustains.
Tread cautiously as the RSI is in the overbought territory, hence the trend can reverse. Buy only if the stock sustains the levels of 1900.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
indigo sellindigo looks weak ,if go above top sell line and sustain there with volume dont sell ,use your barin to make sell side entry ,ia m fully bearish
on it
Intergloble Aviation Swing idea (short)Intergloble aviation has rallied for more than 15 % continuously.
-->There is an exhaustion green candle at the end of rally & trend has turned towards correction with marubozu red candle.
--> Have made comparison of last two retracement after major rally using Fibonacci using historically day chart.
--> If you are on short swing side the stock might give correction up to 50 % of Fibonacci level or more, keeping the stop loss at the high of the rally.
Note : Candle & line chart price may vary. The idea still remains intact the stock might give retracement .
Rectangle Pattern - Things you should knowRectangle pattern explained in hindi. Things you should consider before taking trade in rectangle pattern.
Indigo - Expecting More than 100% returns🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Long in INTERGLOBE AVIATOThis scrip had broke from a channel pattern and now it is trading at its All Time High. The volumes are stable even after increase in price and few days back 21EMA crossed over 50EMA as well as 100EMA, so i consider this as a perfect opportunity to long with SL below the resistance.
IndigoIt is a big pattern breakout .entry based on your risk .
POSSIBLE ENTRIES:
1.wait for week close
2.if someone missed it ,enter while retrace
Indigo Long Term ViewPrice is now 100 week high.
Broken the high price of September 2019.
If the price continues to rise up,
Next Fib target would be 2595
LONG TERM VIEW
InterglobeAviation : potential breakout #interglobeaviation potential breakout
pre pandemic resistance hit .watch out for a potential breakout.
also looks like an inverse head and shoulder pattern on weekly though not perfect looking.
bullish momentum and trend seen on all timeframes. Could plan long
if a green close appear above resistance with stop loss below it.
