INDIGO READY TO FLY-60% OCCUPANCY IS ALLOWED BY GOVT IN FLIGHTS
-FESTIVE SEASON IS COMING,TICKET SALE WILL INCREASE
-VOLUMES ARE GOOD...BOUNCED BACK DESPITE OF RECENT CORRECTION.
-RSI IS STRONG ON ALL TIME FRAMES
BUY IF SUSTAIN ABOVE : 1250
TARGET : 1380
STOP LOSS : 1200
**These are my personal observations. Please trade at your own risk.**
Indigo
INDIGO Daily/60/15 min long 1208-1169 pro: 1. 3 exciting candleINDIGO Daily/60/15 min long 1208-1169
pro:
1. 3 exciting candle in 60 min
2. i explosive candle in 15 min
3.Daily/60/15 min coinciding candle
con:
1. Us market, nifty all coming down
pro:
1. 3 exciting candle in 60 min
2. i explosive candle in 15 min
3.Daily/60/15 min coinciding candle
con:
1. Us market, nifty all coming down
Indigo Support Bought Indigo today with minimal risk of 3k... 1040 ce at 25 and 1100 ce at 19...
Couldnt update early because i traded it... due vaccine coming to market all market parameters will change...
first and best benefit is for Aviation... you can also buy spice jet for long term... these are beaten down stocks which got huge volume... when price and volume action combined it will be minimum 5% rally for 3 days atleast...
my risk appetite is low due to losses made in test trades... so doing bull call strategy mostly... based on your risk you can even buy futures... this share is going to touch 1080 in coming days and will cross that with more and more vaccines lined up...
any news on russian vaccine being negative this may see fall overnight so reduced my risk and did bull call strategy