Short sell One can look for entry on short sell set up and look to book near forecast by using trailing stop method
the structure indicates one more move down
INDIGO trade ideas
TECHNICAL ANALYSIS ON THE BASE OF PRICE ACTION/DEMAND & SUPPLYHi Guys !
My self Amit Doshi banker by profession and passionate towards stock market since 2013, I sharing my views with reasons and charts based on technical analysis so the novice traders can save their hard earned money in market speculation ..!
I would always suggest to all the new traders that do not take any trade without conviction and self study as trading in stock market needs lots of practice and good hand on technical analysis and to read market sentiments which may change at no time.
Here I have shared my analysis on INDIGO ( LTP 1360 ) for long for the target of 1425/1525 with stop loss of 1325 DAILY CLOSING BASIS.
INDIGO CASH : GOOD SELL ONLY BELOW 1320INDIGO CASH
01 JAN 2020
GOOD SELL BELOW 1320 & RISE 1325-1327
STOPLOSS 1332
TGT 1310-1312/1303
(SUPPORT AT 1308/1292/1273)
CMP 1333.55
Bullish Divergence and Bullish Trade Setup - RSIObserving Bullish Divergence (Green Line) and a Bullish Trade Setup as per RSI Momentum Indicator . Possible chance of Up move in the coming days
INDIGO VIEW FOR INTRADAY TRADINGThis is my view of INDIGO based on this chart if its breaks upside then go for a buy as well as if it goes down then it can go for sell with a condition it should be narrow breakout otherwise need to wait for retest.This is for educational purpose only.
IndigoLong term Support turned to Resistance.
Going into the secondary narrow gradually reducing channel.
Indigo Triangle on Smaller TimeFrame - Is 4% move coming?- Triangle Spotted over Indigo Aviation.
- Waiting for Breakout to take long trade and target is 0.618 FIB level.
- Triangle are always 50-50 in term of playout but they give you good R:R to take trade with minimum loss and more profits.
Will Keep update in my telegram channel when it breakout.
Join Out Telegram Channel : t.me
SHORT OPPORTUNITYSL-1340,SHORTING OPPORTUNITY TO BE EXPLORED ON RETRACEMENTS NEAR 1332-35 FOR A TARGET OF 1315
Intraday + Option Writing Trading Plan for IndigoIntraday + Option Writing Trading Plan for Indigo
Plan A: If it will sustain above 1335 then I will prefer to go long as an intraday trade.
Plan B: I will sell 1300 put and my stop loss will be below 1290.
Long if 1280 support is not breachedIf 1280 Support line is respected, then we can expect a formation of Right Shoulder.
