INDIGO - FOLLOWER REQUESTNSE:INDIGO
THERE IS NO VIEW ON INDIGO AS IT BETWEEN AND NO CLEAR PATTER
DOWNSIDE LEVELS : 955, 940 BELOW 940 PAIN TILL 928 AND 905
UPSIDE : 995, 1010 AND ABOVE THAT CAN GIVE FURTHER UPMOVE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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INDIGO trade ideas
INDIGO - Final Boarding CallINDIGO previously broke daily and hourly TRIANGLE . Now on daily chart AB=CD and wolfe wave can be clearly seen. Hence shorting INDIGO might not be good idea. Wolfe wave is very strong pattern and it appear with AB=CD which make it fully Bullish... Can enter at 875.30 or wait till price action reversal confirmation... PRZ and Targets or Chart...
1248 Time to Fly again ....Had a nice run on the 2nd of June where it got rejected 1194 (resistance level) and in a week was back where it started from .
After that its second attempt was crippled and shot down by the 99 day at 1105 and now back down close to where it all started from.
Assuming you are bullish for the Nifty and the fact that airlines will fly i'd say now is a good time to hop on for a 25% trade within 3 weeks .
982 is where the 50 day is currently and i really doubt its going there so depending on how it opens on monday thats your point of invalisdation.
Wanted to hop on at 982 but money was in some other trade which i feel has more than 25% left so did not hop off and maybe thats why i'm coming back to this again.
INDIGO GAP UP 12TH JUNE ?I don't think we visit 944 this time around the reaction at this current demand zone has been quite clean looks like the big boys are accumulating and suppressing before we take off .
just been bugging me with this particular share since the only one which hasn't played out as i expected .
Please refer to earlier boarding call graph for targets .
this is one of the few which is seriously neglected and i feel needs to start pumping , my premise being that sooner or later demand for flights is coming back for sure.
Why not ride the meat of the move and bail out when we've had enough?
INDIGO Up Trend confirmed ? Last Boarding Call..Looks like the uptrend is going to be confirmed pretty soon and i expect this to be a top gainer pretty soon .
1094 good reaction and got bought up another retest is your chance to load up still hovering and trying to flip resistance into support.
Nice set up for tomorrow in my opinion!!!
Remember to hop off as the excitement becomes too much and the move slows down.