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)
INDIGO trade ideas
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
STBT TRADE IN INDIGO !!(FUT!!STBT IN INDIGO
TRADE IN FUTURES CONTRACT
200-DMA RESISTANCE
SHORT@1455
STOP@1470
TARGET@1420
LOT:300
QTY:3
Consolidating after down moveLet us wait to see if 2/1 angle is breached on weekly closing basis. Presently it is hobnobbing with the 2/1 resistance/ support.
INDIGOIndigo has gone from 1400 levels to 1750 levels now taking a pause.
It has broken the trendline .
Price is looking to re-test the trendline @ 1787 levels.
Stock looks a clear sell on every rise upto the levels of 1674
Buy itBullish bat completed
Bounce from support
May be remain sometime in consolidation
Wait for sometime before entering
