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.
19.12.2017 Symmentrical triangle Buy Target : 1425.50
i will like to buy indigo if it comes to 1030 levels onlyyy , other than that it is better for me to avoid
SNR Decay trade Indigo is trading at 1206 indigo 1150 PE @ 7.60 Indigo 1300 CE @ 4.45 Initial credit 12.05 Breakeven 1137.95 and 1312.05
Indigo is showing signs of short term trend reversal as strong resistance building around 1270Zone. More over the price action points to trend exhaustive trade setups. Price acceptance below 1235 will bring more weakness towards 1160 and 1120 levels.
This is my first post in tradingview. I am new to trading of any kind.I have been trying to find my way using EWT. I think the stock is in ABC (Corrective) mode at present. I am unable to figure out if its still in A or it has entered B. I can see divergence in MACD (a. top of wave 3 and wave 5 b. top of wave 5 and current stock position) I solicit a few things...