INDIGO trade ideas
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
Indigo Theta Decay tradeSNR Decay trade
Indigo is trading at 1206
indigo 1150 PE @ 7.60
Indigo 1300 CE @ 4.45
Initial credit 12.05
Breakeven 1137.95 and 1312.05
INDIGO ShortThis is my first post in tradingview. I am new to trading of any kind.I have been trying to find my way using EWT.
I think the stock is in ABC (Corrective) mode at present. I am unable to figure out if its still in A or it has entered B. I can see divergence in MACD (a. top of wave 3 and wave 5 b. top of wave 5 and current stock position)
I solicit a few things from this awesome forum:
1. Is my wave count (1-5) correct?
2. If yes, Should one enter into a position to ride wave C?
3. If yes, what would be the strategy for that?
4. Also, I see the stock travelling within a band as shown. Does it have any significance?
Thanks
