Indigo Trap - Fake breakoutThe price seem to be a trap. No volumes despite it being an 8 month breakout. there is a clear divergence on the RSI and the price. Its a classic bearish divergence. The price is making HH and the RSI(oscillator) is making LH The price should be back to 1600.Shortby joeywithbrainUpdated 2
Indigo Airlines: Strong sell due to poor Q4 resultsDate: 06 June 2021 Very poor results from Indigo Airlines Look for shorting the stock. All targets and SL is given in the chartShortby Mayur_UndaleUpdated 0
INDIGO - Consolidation Continue or Breakout? Where to takeoff ?It has been observed that the price action is consolidating for last 6 months between the range of 300 points from 1500 to 1800 levels. Flight 01 (Up) Investors who want to enter in the stock can wait for a breakout above 1800 levels on daily chart with good volumes in order to confirm the up trend in the stock. In my opinion, the company needs some positives news to support the breakout that could be "Foreign countries open up for Indian travelers" "India's recovery from Covid19" "Rate-cut in fuel pricing" I believe it may take another 2-3 months to hear such good news, therefore price action will keep consolidating for a while. Boarding: Once price action breaks above 1800, next destination 2000 levels. Flight 02 (Down) A correction can be seen from current levels as the price action is at previous resistance zone where previous sellers will again offload their holdings and increase supply in the market. It may further take down the price action to around 1600 levels. Some of the bad news hovering around the stock that may push the price action further down. "Fuel cost went up" "Net loss widens" "Third Wave may come" "Restrictions on travelling" Until we see improvement in next quarter results, I believe price action may still continues to consolidate. Boarding: Below 1720, Destination 1670 & 1620, SL - 1770 I shall be updating the stock direction and targets once I notice clear breakouts on either side. For now, keep it handy in your trade watch list. Appreciate your time, Regardsby NeeteshJainUpdated 1142
Indiago RetestIndigo retest done. Might follow upside however bad results might affect. Longby udesh150
SHORT SWING TRADE IN INDIGOHello guys i had find this setup which is in sideways trend and had given a good selling opportunity in 4h timeframe lit is a swing trade with good RR ratio you can go for sell when it break trendline and also i had done some fundamental analysis on it that i had give the bad quarter result and i request you all do your own analysis before taking any position in market. if you guys like my analysis plzz like share and follow thank youShortby FOREXKING77864
Indigo- Wait for a dip and buy for good gainsCMP 1754. Has consolidated a lot for the past 4 month with very strong resistance and support tested multiple times. Should test the support of 1500 again and then buy for first target of 1780 and second target of 1900 within 2 months. The easing of lockdown will be an enabler in July and might give a very quick breakout. NOT AND INVESTMENT ADVISORY BUT ANALYSIS FOR SELF BUYING. Longby kumarashish100
Indigo - Can give good move after 7 months consolidation breakINDIGO - Details added in chart. Disclaimer - Chart posted only for learning purpose.Longby nvihangUpdated 5
INTERGLOBE AVIATIONIT IS STILL BULLISH ABOVE 1500, So longing at 1535 and a re-entry at 1500 with a SL at 1480 should be good trade with a good risk reward ratio. the upside target can be at 1800s. And now that the lockdown is eased and the vaccine is on the verge its good to stay long on such a stock which is more predominant in indian airline industry.Longby Manoj_KorrapatiUpdated 1
IndigoIndigo Need one good closing above 1800 Tomorrow Result day so closely keep on eye... Good channel consolidation from Nov20 to May21 If sustains above 1800 then its a monthly as well as weekly breakout.Longby Mahesh_Walse0
Indigo Important Resistance Expected Further Movement to be bullish(Swing) - Bearish (Long Term) ,can get side moment in upcoming sessions_ followed by a good breakout/breakdown. Mostly expected to Breakdown because of current covid situation as govt Stretch the ban over international flights last Friday Just for study purpose.Shortby mmohit1810
Indigo- Cup & Handle - Weekly chartIndigo closed strong near the Neckline of C&H patttern. Accumulating in a range since Dec 2020. Good for short-term view if holds on above 1800 level in coming trading sessions.Longby abinash970
Breakout PotentialLooking for a breakout above 1820 levels. If supported by increased olumes, then long at 1820Longby nakulkothari1
indigo stock has darvas box at daily time frame after break it may be good opportunity by yadavsatish6211
TRUST ME I LOVE INDIGO AS AIRLINE ✌🏻DETAILED CHART IF IT CROSS 1800 THEN STOP WILL BE BELOW PREVIOUS RESISTANCE FOR EDUCATIONAL PURPOSE ONLY NEWBEE I AM IN TRADING IT MAY REVERSE TO AS PER DOZI FORMATIONS SO WAIT FR 1800 TO BUY IF IT REVERSE THEN TARGET WILL BE 1550 LET VOLUME CONFIRM ALL by ParikshitBhukar2
Darvas Box breakoutINDIGO is looking very bullish at this stage. If sustain above 1825 for the day, it can be bought for long position. If moved above 1900 then sky is limit. Conservatively, TGT=2244 with SL: 1665 Note: This idea is for educational purpose. Do your own research before investingLongby Goldentouch0073
Indigo Cmp 1790 dated 28.5.2021Indigo Cmp 1790 dated 28.5.2021 1. Strong resistance @ 1795. 2. More than 6 months consolidation break out also above 1795. 3. Comfortable cross above 1795 stock will have tgt of 1850-1900 SL 1735 On Monday i.e on 31st Indigo earnings there so play coutiously. For long tgt of 2070 SL 1675 It is just a view, pls trade at your own risk.Longby SHEETAL_UDESHI0