Indigo Trade High and lows within this triangle.Indigo is in consolidation phase. Wait from breakout either side!
INDIGO trade ideas
great 100% returns in less than a year50 ema as dynamic support
buy at support sell at resistance
keep track of 50 ema
great airlines company the only profitable i guess
will continue the upword trend
indigo targets for 8th Feb 2021Tomorrow Indigo Paper Trading,
Buy at 1660, SL-1635, Target 1692, 1705, 1720
Stock might head towards 1720/1770NSE:INDIGO
Stock looks strong above current levels and can head higher towards 1720/1750/1770 in coming trading sessions as long as 1640 is not breached on a closing basis.
All ideas shared are for educational purposes.
Interglobe Aviation LongIndigo approaching two resistances in one day chart. Keep a watch. If the breakout is with good volumes it can give a good upside.
Inerglobe Aviation - Cup and Handle pattern - BreakoutInitiate long on Interglobe aviation.
Target : 1720
Stop Loss : 1650
#Indigo cash : Looks good above 1680.10#INDIGO CASH - Dont miss it
04.02.2021
Looks good above 1680.10
Tgt 1698-1700/1725/1775
(Risk free above 1700.10)
Cmp 1672.35
Downtrend channel breakout in INDIGO for target of 1815+ Since last 1-month trading session INDIGO consolidating in downtrend parallel channel. In today's session, we have seen the breakout of this parallel channel. After breakout expected next, the immediate target will be 1780 and 1815+ in the upcoming trading session. Good stock to go long above 1670 with last swing low stop loss at 1640. This trade can give minimum 1:3+ risk reward.
Indigo positional trade for 4-5 percent upside possibleThe stock gave trendline breakout in the second half and looks good positionally above 1681 level.
very good stock to trade for a yearreturnsvery good stock to trade for a year 100% returns
in a year buy at support and sell at resistance
happened for 3 times
Indigo - Consolidation (Support & Resistance zone analysis)Indigo is moving up and down in a consolidation region.
After breaking the 1700 levels recently it has created 1750 - 1765 as its major resistance zone.
The evening star candlestick pattern can be seen on Friday on the chart but the volume of selling was not more than the previous day which is generally expected. It means the retailers have exited their positions from Indigo and not the big player.
The next support seems to be with the trend line and from there if a candle with good volume is seen then the price can move towards 1800 levels. Considering the result is pending on 25 Jan for Q3, the price can have surprising moves as well.
It will be interesting to see how the confluence of Earnings, Candlestick, and Support Zone work together.
Intraday Trade: watch for Inside candle breakoutbuy above 1676
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
#Indigo cash : Must trade above 1675.10#INDIGO CASH -Must trade for next 3-4 days
20.01.2021
looks good above 1675.10
stoploss 1640
Tgt 1696-1700
(Risk free above 1700 for 1740/1780
(Add more))
Cmp 1666.5
INDIGOIn 1hr time frame INDIGO has formed inverted head and shoulder pattern. So may be in next couple of days this stock could give good up-move .
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Thank you
Diamond Diamond 💎 type pattern is being formed on chart. Right side support point has still not emerged to draw a trendline. It may happen tomorrow or day after tomorrow.
