Long Side indigo Trading Levels Short Side 1422.44 STOP LOSS 1429.57 1437.08 Enter Above|Enter Below 1414.92 1443.94 Target 1 1408.06 1449.48 Target 2 1402.52 1455.02 Target 3 1396.98 1462.07 Target 4 1389.93 1467.70 Target 5 1384.30 1484.05 Target 6 1367.95 1501.99 Target 7 1350.01 1519.93 Target 8 1332.07
Strong up-trend and the up-trend has been seen taking a bounce from the 23.6% Retracement Level, and is today bouncing from the same. Price expected to touch 1080 first, and investors can hold the stock for a new high in the current trend.
Any Formation can be possible 1. Wedge 2. Double Top Do your own analysis before any action.
Waiting for breakout\ Target - 1313 22 weeks HNS
SL is mentioned if you buy right now or wait till it breaks the adjacent high. risk reward will change by a wide margin if you buy later. Target is 1150,1200 and 1250
Indigo is at good support level, one can go long with tight stop-loss as these scripts are in full sell zone due to SEBI's new regulations, one needs to be more cautious.
Aditya Ghosh leaving Indigo, price breaks down. Price takes support at earlier breakout level and pushes up. But in this process the structure of the chart has been damaged.
Oh, no! The channel has been broken on the downside. Now the study of consolidation stands invalid.
A great trade in the making. Logic: Consolidation after a vertical rise followed by a resistance breakout.
Resistance Breakout supported by 200 DMA, price surges in a vertical line and now bulls are resting (consolidating in a narrow range). 1454 is a strong support. Believe me, it is a great trade in the making if all goes well. This consolidation may be also due to high crude price.
Indigo breaking out of a bullish triangle. This is on higher timeframe. Giving a potential target of 550+ = 1900Rs.