InterGlobe Aviation: CMP:3286.80; RSI: 61.0
Script is availabel at very reasonable price. As per Elliot wave analysis the script is middle of 3rd wave pattern formation, which will strech to the first target of Rs: 3830 & final may culminate at 4246, before a wave 4 correction starts.
The mid term target is poised at upwards breakout once close above 3342 ...
Okay, This one was requested by our newest follower @anurag3235
We are keeping the chart simple and self explanatory as always.
Although, One important thing to know is that the public shareholding in Indigo is mere 2%. Confused on if you should invest? We have a post that will help you make up your mind. Direct link is below:
What should we analyze next?...
📊 Script: INDIGO
📊 Sector: Air Transport Service
📊 Industry: Transport - Airlines
Key highlights: 💡⚡
📈 Script is trading near upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 62.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3179
🟢 Target 🎯🏆 - 3385
⚠️ Stoploss ☠️🚫 - 3072
⚠️ Important: Always...
NSE:INDIGO recently made ATH and now retesting the same level,
Given all support, trend, resistance levels.
Sustaining above BO levels will give new higher levels.
Keep in your watchlist.
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INTERGLOBE AVIATION LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3240+.
✅Can Go Long in this Stock by placing a stop loss below 3040-.
Auropharma is looking on the verge of a breakout due to following reasons:
1. Monthly, Weekly, Daily, Hourly RSI >60.
2. Ascending Triangle formation on hourly/ 15mins chart.
3. 15mins RSI is flirting around 60 which shows the underlying strength.
4. Volume profile shows accumulation is almost complete at slightly lower levels.
5. Underlying current in the pharma...
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...
Indigo is long buy bet, trading around the range of ATH that is 2745. in the last hours of closing we have a seen a volume buying in stock on both daily and weekly chart.
an hourly breakout about 2750 can lead this stock towards 2900/3000 levels
As seen on both weekly and monthly chart Indigo is showing strength both technically & fundamentally.
I am seeing Indigo a good long call above the level of 2640-2650. A strong candle at this level can make this stock to move 100-200 points i.e
T1- 2740
T2- 2830
T3- 2920
LOOKING FOR SUPPORT AT 2560-2580 LEVEL ONCE IT SUSTAIN ABOVE 2640 LEVEL
The airline company is seen trying to begin the wave iii of V of 3 in an attempt to go past previous ATH and then towards the 3K mark.
It should also be noted that Indian airlines will operate a total of 23,732 flights every week during the winter schedule( approved by the Directorate General of Civil Aviation (DGCA). As per the new order, the said number of...
Near its all time high this time resistance became support waiting to see the price action near price range near 2300-2315. if any bullish candle near this price range on daily time frame. then it will entry sl will be 5 points below green candle.
INTERGLOBE AVIATION LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Broadening Wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2475+.
✅Can Go Long in this stock by placing a stop loss below 2380-.
INTERGLOBE AVIATION
Key highlights: 💡⚡
📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern .
📊 It can give movement upto the Reversal target of Above 2600 +.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 2670+.
📊 Can Go Short in this stock by...
As we can see after a 4-month breakout with a bullish candlestick pattern
RSI 64.26 towards an upward direction
HV 26
let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement
so plan accordingly.
enty and exit levels
2080
sl 2020 to 2000 (2.80%)
taget 2230 (8%)
RR...
