Study Purpose: Will Indigo touch 1230-1235 range?RSI Bearish Div.
Price couldn't break resistance for further upmove.
Price closed below the short term trendline support with larger volume.
Sell Below 1465
SL: 1582 DCB
Target: 1231
INDIGO trade ideas
Indigo go long near 1450-1470 For 1800 TargetIndigo Has given good breakout above 1450 on daily chart.Enter near 1450-1470 for 1:2.85 risk reward ratio.
Intraday for Monday 25/03/2019Long 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
INDIGOStrong 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.
Indigo - EducationAny Formation can be possible
1. Wedge
2. Double Top
Do your own analysis before any action.
INDIGO ABOUT TO FLY?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 | At Good SupportIndigo 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.
Indigo, ConsolidationAditya 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.
Indigo, ConsolidationOh, no! The channel has been broken on the downside. Now the study of consolidation stands invalid.
Indigo, ConsolidationA great trade in the making. Logic: Consolidation after a vertical rise followed by a resistance breakout.
Indigo, ConsolidationResistance 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 Bullish Triangle BreakoutIndigo breaking out of a bullish triangle. This is on higher timeframe. Giving a potential target of 550+ = 1900Rs.
IndigoThe stock seems to be breaking out of a traingular pattern after a good round of consolidation, a confirmed close above mentioned trendline can see further strength coming into the stock.
will like to buy @ 1030 onlyyy i will like to buy indigo if it comes to 1030 levels onlyyy , other than that it is better for me to avoid
