Wave V of 3 in INDIGO
Updated
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 departures is an 8 per cent rise in the number of flights compared to a year ago period.
Since indigo is the largest Indian passenger carrier it will benefit from this upbeat schedule.
It presents a good trading set up with excellent RR
SL- 2390
TGT- 2790
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 departures is an 8 per cent rise in the number of flights compared to a year ago period.
Since indigo is the largest Indian passenger carrier it will benefit from this upbeat schedule.
It presents a good trading set up with excellent RR
SL- 2390
TGT- 2790
Note
Out of all the carriers, Indigo will be operating the maximum number of domestic flights on a weekly basis, i.e.13,199 per week.Note
stock breaking out above 25002435 trailed sl
Note
SL trailed to 2500
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