INDIGO trade ideas
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.
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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.
INDIGO SHORT PATTERNFALLING WEDGE PATTERN IS SEEN LET IT CLOSE BELOW LOWER TRENDLINE ON CLOSING BASIS IN 15 MINUTE CANDLE TARGET IS GIVEN STOPLOSS MAY BE FALLING TRENDLINE ON CLOSING BASIS
NOTE: TRADE AT YOUR OWN RISK
Safe above 1400Broke support today which it should recoup immediately (1400 level) to break the bearish trend. In its down trend support exists around 1130-1190 depending on its rate of fall, if it happens at all.
IndigoA weekly close inside kumo (below 1400) could lead to further sharp selling as chikou is free for a down move till 1225-1200 (other end of kumo)
ShortIt broke 200ma and tried to trade over 200ma. But got rejected thrice. the first target is 1300.
1400 pe @35-37 is looking attractive.
Disclaimer- This my personal view, please consult your financial advisor before investing.
NSE INDIGO LOOKING FOR DOWNSIDE MOVE INDIGO LOOKING FOR DOWNSIDE MOVE TOWARDS 1440-1420-1400 SELL ON RISE WILL BE GOOD FOR COMING DAYS TILL TRADING BELOW 1510
INDIGO - PRICE DROP??THE INDIGO SHARE PRICE IS EXPECTED TO FALL TO 1360 LVLS.
REASON?? ONE I CAN SITE IS RUPEE DEPRECIATION EFFECT AND OTHERS, PLS SHARE / COMMENT.
Indigo @ Major Resistance LevelIndigo @ Major Resistance Level
Fresh Long Position Zone: Sustain above 1530-1540
For the target of the next resistance zone: 1570-1580
Major Resistance Zone: 1530-1540
Major Resistance Zone: 1570-1580
tgram at jtradingview
