INDIGO trade ideas
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.
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.
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.
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.
Breakout PotentialLooking for a breakout above 1820 levels. If supported by increased olumes, then long at 1820
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
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 investing
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.
INDIGO Building BreakoutThe chart says "karan arjun ayengey" at near the ath marked .till then expect false breakouts epecially in covid19 impact.
▰ Stock of the Month #3: INGIDO ▰▰ Stock of The Month #3: JUNE ▰
📌 I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ I will post the remaining patterns one by one every month. For more, you can check out my previous studies 😍 as well. Kindly see my announcement section for all the latest.
▣ Key Highlights:
➟ Time frame Weekly ₩
➟ W pattern ⓦ
➟ Trend line ⍩
➟ Flag Pattern 🎌
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 1818
SL: ☢ 1717
Target: ➚ 2121
RR: ☈ 1:3
Return: 17%+
☆ Follow me @ tradingview for more updates. Kindly like the chart 💗 & share this analysis.
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Indigo - 6 months of consolidationThe flight is neither landed nor reached the skies for the last 6 months and now it is ready to fly high hopefully. :)
INTERGLOBE AVIATION- READY FOR A BREAKOUT?AT A VERY IMP RESISTANCE ZONE. IF IT CROSSES THESE LEVELS WITH VOLUMES WE CAN SEE IMMEDIATE TARGETS OF 1785. Any positive news regarding the lockdown can also help this stock move up but remember news will come later this stock will move up before that.
INDIGO: Bullish Triangle BreakoutAfter a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave.
One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the target of 1880/1960/2020
INDIGO : HIGH BETA SCRIPTNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
