INDIGOPNTS trade ideas
Indigo Paints- Breakout on daily ChartNSE:INDIGOPNTS
Indigo paints is trying to do the breakout on daily charts. The resistance level is 2700. Make a long position above 2740. SL will be 2700.
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
STOCK FOR THREE DAYS INDIGO PAINTS LTD.Good evening friends we are back with stock analysis today we are having only one stock that is indigo paints ltd. if it sustain above 2450 in coming days our view is for three days than it can see new highs we have shared in detail in video you are requested to kindly watch it.
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INDIGO PAINTS, MOST LIKELY TO BREAKDOWNAll levels mentioned on chart.
Breakdown if happens can lead to good fall as there is no nearest support available. However there is chance it can take support within this box range and bounce back. once its broken 2700 level in upside can also give movement near up to 3000+
INDIGOPAINTS taking support at 2500it has formed at Morningstar pattern on daily charts and taking support at 2500 level. if it continuous it can rally upto 2700-2800 level in very soon time. but to make it has to sustain above 2560 level on lower time at least one candle.(15 min/1 hr).
Daily trend shows lower lows and lower highs.