Wings Found in IndigoIndigo has created this pattern with a span of long trading sessions
At a key level
Seems tradable
keep an eye on it traders!
INDIGO trade ideas
#LETSTALKABOUTMARKETS - INDIGOIndigo seems to be near its demand zone or its support zone. It has a stronghold near 940 odd levels. One can enter into a trade with:
Stoploss: 925 closing basis
Resistance:1000
Target:1050/1060.
INTERGLOBE AVAITION In this chart, Interglobe Avaition took a breakdown(2march20) and confirmed a HEAD & SHOULDER Pattern and now INDIGO stock faceing a resistanace on daily n weekly chart....if the stock cross the line and settle above the both resistance as a closing basis ...then buy immidately for a meduim to long position.
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[Buddha] INDIGO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
INDIGO to get bullish till its previous resistance A GOOD SINGS HERE TO BUY THE INDIGO because its close to its support and gives good signals for bullish trend for next 5-8 days
DONT FORGET TO KEEP STOP LOSS
if your stop loss get hit keep a close watch on this share it will rise back
Triangle pattern in INDIGOTriangle pattern formation. Take trades based on breakout/breakdown . All the best of your trading .
Always check confirmation candle in lower time frame 5/15 mins and take trade
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
INDIGO may come to even 700 levels, Explained on chart.All explained on charts. If its breaks the channel, then I think it will find next support only at 700-ish levels (or atleast below 750)
Also, I believe, this time it wont stop at 700, will add the all time charts in the comments to support my view.
Go Long: BreakoutFor explanation refer linked idea - I wanted to publish this ASAP so that those following can benefit
Go Long above 1020
INDIGO Inside Bar DOJI BreakoutINDIGO showing recent day candle formed within the previous day candle i.e inside bar.
The price is also near a support zone with the recent day forming a DOJI, so trade the breakout could be in either direction.
Long above 1007.55
Short below 984.45
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
INTERGLOBE AVIATION - Symmetrical triangle pattern!INTERGLOBE AVIATION
#INDIGO has formed a symmetrical triangle pattern on 30mins chart. It is gradually moving forward in an upward channel and is facing resistance from 100EMA.
RSI is taking resistance from 60-level.
TT2 30MINS trend is Bullish.
If the price gives a breakout with volume and conviction, the next resistance is 1033/1039/1048 with Support 994.
If the price falls down from the pattern, the next support is 994/983 on the 30 mins chart.
Nearby resistance is 200EMA.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Indigo looks bearish below the lineIndigo is on the trend line for breakdown. Can be a sell side below the breakdown.
Indigo: Doji over Doji but on Uptrend (HH&HL)Ideal Long Candidate!
Buy near 1000 for Targets of 1025 with SL at 990.
INDIGO ReversalStock has rested and taken a support at 50% Fibo Level. Stock has taken a support of 50 SMA as well. Stock has give a DOJI today as well - Good to buy above 1006 level. SL-993 - Target Open - Keep it INTRADAY as stock is too much volatile - Book profits as per your greed.
[Buddha] INDIGO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Indigo : Positional TradesThe stock closed breaking a very critical support level of 990 and closed at 983. It has been on a clear bearish trend over last few days making a bearish marubuzo candle today. However, it has rebounded off this level in the past as well.
Postional Ideas for tomorrow:
Below: 978 - Short for targets of 970, 960 and 950 with SL at 988; can trail SL after T1
Above 1000 - Go Long for 1025 with Sl at 990.
In case of a large gap-down opening below 983 (which is quite probable for tomorrow in my opinion); the short trade targets mentioned above will become supports for going long with Targets of 990 and beyond (trail SL specially if NIFTY is bullish).
Risk takers may want to go long on 990 CE or 1000 CE.
In case of gap-up; short after confirmation of trend using 15 min ORB; targets 990, 985, 978, so on (trailing SL).
INDIGO Swing Trading!! swing trading !!
!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
!! all views for educational purpose, trade at your own risk !!
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Interglobe Aviations.The price is at the higher end of the short term range (1007), expecting a reversal down to the lower end of the range(968).
