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...
Buy Indigo Target 🎯 2400 because it's have recently given breakout
Indigo can be a good Breakout trade, stock looks good on all the timeframes, though currently resisting at previous top resistances. Now closing positive today, it may open gap up tomorrow or in coming sessions and may see good upside..
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...
Just crosses TK line + MACD cross over + above VWAP so can retrace up to 1032. BUY -> 979-982 SL -> 952 TGT -> 1032