Hold, storm ahead but it'll not disappoint youIndigo is going to start 2-3 section of Elliot wave. Before that it can consolidate a bit but nothing to worry. Hold tight.
INDIGO trade ideas
Indigo - Short TermPreviously Indigo Breakdown triangle on daily chart , now in 1 hr chart again a triangle breakdown can be seen... Higher and lower timeframe both confirms bearishness is still there in indigo... Targets on chart...
Indigo crossing its resistance!!NSE:INDIGO
One can take long as it closes above the red resistance line at 1012 with a target of 1060 with an SL 985. I have taken this position in futures contract.
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.
Tech Analysis 4 INDIGOTech Analysis 4 INDIGO
Waiting 4 Trend break. Once break wait for green cloud confirmation the enter into the LONG position
RESISTANCE AT 1070 LEVELS RESISTANCE AT 1070 LEVELS
WITH RISE IN CRUDE OIL PRICES
CHARTS ARE ALSO BEARISH
SUPPORT AT 950 LEVELS POSITIONALLY
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?
Interglobe Aviation / INDIGO at Crucial PointIndigo stock has seens pretty good rise in price...Now trading at important zone.
Price is trading at trendline resistance. Crucial to see if it breaks this Downtrend Trendline this easily or after a pullback.
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.
INDIGO Go INDIA GO.... LOWER RIME FRAMESWING TRADE
BUY 1046-1125
SL 942.85
Target 1320/1557
Expect this to breakout of its long term down trend so some quick gains to be made . May just chill for a while so buy on breakout if you dont want to block your money .
thought since life is getting back to normal and flying most likely to resume its time all the socially distanced stocks got some attention.
1105 hovering around that at present might dip to the yellow line however 1074 i'd go all in and let it fly ....
50 and 21 are coming up to 1046 to offer support so shall hold for sure over there my only thing is it might get front tun so hop onboard before.
Good for Intra day on breakout and retest
Indigo gave more than 128 points.Indigo gave more than 128 points using this awesome chart pattern in 2 days only.
Indigo - Breakout / Breakdown CandidateNSE:INDIGO is currently going through compression phase.
Look for a long / short opportunity as it breakouts / breakdowns .
