INDIGO trade ideas
INDIGOGRAVESTONE DOJI AT THE TOP.
AND HAS RESISTANCE AT MULTIPLE TOPS FOR THE LAST THREE DAYS AT 1710 LEVEL.
TARGET FOR THE COMING DAYS IS 1566 KEEP STOP LOSS AT 1713.
Keep an eye for a breakout on InterglobeKeep an eye for a breakout on Interglobe. Wait for the confirmation before you place a trade
Sell Indigo - Strong RSI Divergence Strong RSI Divergence on Daily Chart
Sell with the stop loss of 1655 for the target of 1595-1575
INDIGO SHORT SELL INDIGO LOOKS TO SLIDE LOOKING AT CURRENT MARKET SCENARIO AND STOCK AT 52 WEEK HIGH ZONES , MAY COOL OFF FROM HERE !
IndigoSell below 1632 with the stop loss of 1642. Targets are 1622, 1612 and 1600.
Buy above 1655 with the stop loss of 1645. Targets are 1665, 1675 and 1690.
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 CASH : STRONG SUPPORT AT 1650/1620#INDIGO CASH
9 JUNE 2019
STRONG SUPPORT
AT 1650/1620 LEVELS
CMP 1661.2
INDIGO..unable to get altitudeINDIGO has formed negative divergence at the top around 1700 zone and unable to sustain and also broken trendline in short term charts
with 20 dma at 1580 which is far away from CMP, Expecting a correction to the blue dashed lines
refer to chart
INDIGO - Bearish Bat & Bullish Butterfly- 1H TFBearish Bat pattern on Hourly Chart of INDIGO. SELL 1706-1708, SL 1718.1, Target(s) - 1698, 1694.
Bullish Butterfly pattern on Hourly Chart of INDIGO. BUY 1562-1564, SL 1549.9, Taget(s) - 1572, 1576.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Indigo consolidation Indigo under consolidation...once can expect bounce up to 1700, but trouble below 1600.. only education purpose
Long Continuation Oh again , I am talking the same thing here , what a mess
One person who call him self as Guru and tried to teach many is trying to copy my style
Here is one word to you ,
" You can copy everything form my chart , No doubt you will find some win & and some loss , the Most Important factor you will not get is how to identify the trend direction before it makes its move "
This scrip is moving in slow impulsive manner , and it visually can not be identified as impulse
but trained eye can identify it as start of New impulse leg
its forming its 1st impulse leg up side , expect this scrip to move higher high in coming days , also note there will high likely chance that the split will be issued as the scrip value is out reaching more than 13 $ per share , usually when scrip hits more than 15 $ it will get an attraction form FII and also it will undergo for split for getting more Infusion in the Foreign investments
but for sure this one is moving out
Like i told you many Pandit and Guru are trying to teach you or sell you indicators , i am sure they have no idea how to forecast for better earnings
so stay away and keep trading with safe Entry & Exit methods
A slight dip in INDIGOThe market shows overall uptrend pattern after the fall of jetairways but the candles are near to the resistance .So there could be a slight fall in the market and again goes up
