INDIGO - Weekly AnalysisIn the Weekly Chart of INDIGO ,
we can see that, it has shown a recovery in W Pattern.
Let it retest and then enter with SL.
INDIGO trade ideas
INDIGO AVIATION From 16TH feb it is consolidating in a tight range.
Fridays strong buying from bottom given 5% momentum.
INDIGO 15M (29 MARCH 2023)NSE:INDIGO
DOWTREND in indigo
below 1866 we cant think
bullishness of the stock,
it will touch 1811 downside level
drawn in the chart by fibonacci lvl.
dont buy indigo for short term.
below 1811 it will more bearish.
INDIGO - Trade set up INDIGO- Trade set up idea 💡
Breakout of trendline with retracement on daily chart
CMP 2040
Resistance 2065
TGT 2080-2280-2380
Sl at 1960 for short term and 1890 for long term
Can be a confirm trade above 2100
Note : Not a recommendation but just a idea 💡 can be a profitable trade .. do your own research and analysis before investing
Indigo BullishCurrently following "Channel Pattern", got multiple rejection at the resistance level. If the trendline breaks, it can reach the bottom level of the channel.
indigo...short but at bottomagggrerssive trade, i was not looking the whole pic from daily and weekly charts...just saw a type1 15 min supply and placed the trade
Rising wedge Chart pattern IndiGo looking weak on chart .
Rising wedge Chart pattern
This is Just for the education purpose
Indigo Weekly Chart
Picked the stock from StockEdge sector rotation.
Uptrend from August 2020 to Nov 2021.
Then formed a Falling Wedge with W pattern.
Second bottom lower than first bottom.
Buy was triggered on 1st August 2022. But it was a long bar.
Formed a cup from August to January 2023
Price now 5.4% away from 9 Week moving average for a target 14 % to 20%.
Risk to reward looks good.
Cons :
Eliott oscillator green
CCI green
Stochastic black bar on top
RS is positive with green as of now.
Pros:
I prefer 2% near 9 moving averages
INDIGO BREAKOUT INDIGO BREAKOUT after long time indigo give good breakout it touches 2400 level the aviation sector will good potential due budget
a clear view for #indigo to flythe cup and handle formed at the important levels and the rally started;
INDIGOIndigo on the verge of breaking out of flag pattern on 30 min TF with decent volumes.
Could be bought here or above 2120 with mentioned stoploss & target.
INDIGO AVIATION WILL FLY Formed cup and handle at the important levels and chart also looking good and expect to perform good
INDIGO : Cup Pattern Breakout....Strong resistance of 2085 level has broken today and stock closed today at 2107....Cup Pattern formation made from Aug.2022 which was broken today and stock coming in new territory....stock will going upside by 2172,2200 levels....
INDIGOIndigo on the verge of taking off out of triangle pattern with decent volumes on 30 min TF.
Could be bought with mentioned stoploss & target.
Interglobal Aviation INDIGO maybe go up 🚀( INDIGO ) Interglobal Aviation may be can go up after long sideways zone and the target price will be 2,101 🎯
Note : This is just for Backtesting and Educational Purpose Only.
INDIGO - Bullish Consolidation with VolumesNSE: INDIGO is closing with a strong bullish consolidation candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Price action with RSI and STOCHPrice action is best way to understand the chart and RSI and STOCH help to confirm the trend . RSI show the speed of trend and STOCH show the over bought and over sold zone,
INTERGLOBE AVIATIONINDIGO weekly chart
strong support zone is 1520
Strong Resistance zone is all time high 2376
#Indigo next harmonic#Indigo harmonic
Again coming near to previous harmonic PRZ
PRZ-1600-1615
CMP:1718 @9 November 2022
Indigo - crude price decline benficiary. On verge of breakoutWatch out for a breakout on upsidehere. Will move fast once that happens
