Indigo can be a good Breakout trade, stock looks good on all the timeframes, though currently resisting at previous top resistances. Now closing positive today, it may open gap up tomorrow or in coming sessions and may see good upside..
SHORT INDIGO if it sustains below 1490. Target 1 - 1470 Target 2 - 1440 SL - 1520 DISCLAIMER: This view is only for educational purposes.
currently at 0.5 level could bounce back to 1600 plus level
If it takes support at 1670 today go for buy for the target of 1682, Takes support means if 3 or 5 Min candle close above 1670 after touching the price of 1670. Book half at 1682 and rest trail.
All time high could be settle in this trend
A short term shuffle fueled by speculator's. Any dip below 1190 can be an addition in equities. Stock can see a short term downside with the additional impact from #Nifty | S1: 1212 | S2: 1190-1188 |
-60% OCCUPANCY IS ALLOWED BY GOVT IN FLIGHTS -FESTIVE SEASON IS COMING,TICKET SALE WILL INCREASE -VOLUMES ARE GOOD...BOUNCED BACK DESPITE OF RECENT CORRECTION. -RSI IS STRONG ON ALL TIME FRAMES BUY IF SUSTAIN ABOVE : 1250 TARGET : 1380 STOP LOSS : 1200 **These are my personal observations. Please trade at your own risk.**
INDIGO Daily/60/15 min long 1208-1169 pro: 1. 3 exciting candle in 60 min 2. i explosive candle in 15 min 3.Daily/60/15 min coinciding candle con: 1. Us market, nifty all coming down pro: 1. 3 exciting candle in 60 min 2. i explosive candle in 15 min 3.Daily/60/15 min coinciding candle con: 1. Us market, nifty all coming down
INDIGO Weekly/Daily Supply zone 1408-1508 take confirmation entry cmp: 1194 18 Aug 2020 Pro: 1. Weekly/Daily coinciding level 2. Origin of drop Con: 1.only once exciting candle 2.lots of trading activity in the left in daily candles 1.
Bought Indigo today with minimal risk of 3k... 1040 ce at 25 and 1100 ce at 19... Couldnt update early because i traded it... due vaccine coming to market all market parameters will change... first and best benefit is for Aviation... you can also buy spice jet for long term... these are beaten down stocks which got huge volume... when price and volume action...
Just crosses TK line + MACD cross over + above VWAP so can retrace up to 1032. BUY -> 979-982 SL -> 952 TGT -> 1032
Indigo is going to start 2-3 section of Elliot wave. Before that it can consolidate a bit but nothing to worry. Hold tight.