Indigo - Elliott Wave Count the market looks like its near wave 5 and once its completed we can expect a big decline towards 1400 or below... its recommended to wait for the price to breakout the channel and comes/close back inside to confirm the bearish scenario to take short trades. whatever the high made on wave 5 will be the SL for the short position. Please...
From 16TH feb it is consolidating in a tight range. Fridays strong buying from bottom given 5% momentum.
INDIGO PAINTS big support 980 - 990. Big move expected if manage to close above 1130.
Buy Indigo Target 🎯 2400 because it's have recently given breakout
INDIGO LOOKS SELL NEAR 1736 SL ABOVE 1782 TGT 1 : 1691 TGT 2 :1655 TGT 3 :1626. Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain. This post is for educational purpose only. Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
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..
Just crosses TK line + MACD cross over + above VWAP so can retrace up to 1032. BUY -> 979-982 SL -> 952 TGT -> 1032
it's amazing stock for day trade. one of my favorite stock.