In this weekly chart of Indigo paints wave (a or i) is completed at 1680 and wave (b or ii) retraced around 61% and followed by a green weekly candle...So may be wave (c or iii) is already started and it may bounce in given target range as wave (c or iii) in upcoming months....
monthy:- RSI 40 support value buying Weekly :- Inverted Head and Shoulder with left shoulder in progress co inside with Daily gate formtion Daily :- Gate formation complete --can buy above 1557 for target of head and shoulder 2480 fundamentals of compony improving sales,profit improving PE decreasing with increasing EPS
Indigo painrts is forming Inverse head & shoulder. Currently It is forming right side shoulder.
INDIGO PAINTS ROCE, ROCE 3yr, ROCE 5yr > 20 debt to equity = 0.02 Highest ever sales and profit Fixed assets in sep 23 is twice as compared to Mar 23 that reflects strong sales in coming quarters 90 % share holding in strong hands
Indigo Paints Price Action Trading Technical Analysis Swing Trading Trendline Support and Resistance
Indigo Paints Ltd: Inverted H&S Pattern Levels mentioned on chart & given target seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
indigo paints forming inverse head and shoulder. It is in consolidation from long time. Note: This is not investment idea
Indigo Paints is forming inverse Head and Shoulder on weekly time frame. Price action shows an up move can come soon as consolidation has been happening since May 23. Keep in watch. This can move towards 1950-2000 levels and then towards 3000-3300 levels. Discl- Invested at 1495 levels.
Indigo paints is forming a inverse head and shoulder on a monthly timframe. Company have a very good fundamentals and a good PE ratio as compared to the Industry PE ratio. the stock price a=can shoot up once it break the marked resistance. You can take trade according to your own analysis.
Indigo Paints waiting for Big Breakout on the weekly chart. Buy Above 1615, SL - 1491 NOTE:- Please maintain good Risk to Reward, as per your Risk appetite.
Reason for long a) consolidation breakout b) weekly breakout c) super trend support d) QQE support e) super vwap f) channel support g) volume and price spurt M.14 set up SL compulsory
Indigo Paints Ltd , Small cap Share,..........(be cautious ,trade as per your risk) On Jun 23rd Golden crossover happened. Good one for short term and long term............
buy at cmp 1037 SL 1000 tarrget 5 times of risk. Disc : It's not an investment advise to buy or sell
Indigo Paints trading in a narrow range, with very high chances of a breakout. Buy above 1460, SL 1410. NOTE: Please maintain good Risk to Reward, as per your appetite.
Breakout with cup n handle. Long term 8 months time for 40% gain.
A bu;lish Flag and Pole Pattern has been observed on daily charts in NSE:INDIGOPNTS one can look into it to create a fresh position in the scrip at cmp of 1500 or below with stop loss of 1420 and for targets of rs 1575/1650/1725/1800/1875 Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW...
Indigopaints ready to make new high. Strong breakout + retested from trend line
Cup and Handle pattern formation can be seen on a weekly basis for Indigo Paints Ltd with a golden cross over pattern CMP 1575 Target 1735