INDIGO trade ideas
iNDIGO at demand zone...time to take flight ?indigo is down by 10% from its recent swing high..now indigo is hovering around its support level..we can long at this level ..we will keep stop loss at 1697 and target at 1900.. this is swing trade keep note of that
Long IndigoIndigo shareholders may have overreacted during the promoters' feud. The stock has held up in a tough market.
Interglobe Aviation Limited ( INDIGO )Interglobe Aviation Limited ( INDIGO ) -
ITS CURRENTLY TRADING IN THE SUPPLY ZONE .
" NO POINT OF GOING LONG UNTILL AND UNLESS IT CLOSES ABOVE 1716 "
FOR NOW,IF IT CLOSES BELOW 1679.25 , IT CAN TOUCH 1666, 1659,1650.
1650-1640 WILL BE A STRONG SUPPORT ZONE .
indigotaking 21EMA support after strong upmove and retracement so we can take this as good opportunity for going long. good risk reward ratio
448 SAN. Bear Master candle for shortDisclaimer:
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This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
INDIGObuy if holds 1550 levels, RSI shows strength for this levels. Buy range : 1550-1560 target : 1680 , 1800, 1850.
Indigo may slip [doubletop hourly]Sell on levels.
it is preparing for down side. positional can hold with sl of 1700 for target of 1594
Indigo#Indigo may post good result as per chart and now stock if break 1,640 level and sustain above breakout we can see upside toward 1,700-1,730 level according to chart and if not able to break we can see 1,580-1,550 level as per chart.
Study Purpose: Will Indigo touch 1230-1235 zone?RSI Bearish Div.
Price couldn't break resistance for further upmove.
Price closed below short term trendline support with larger volume
Sell Below 1465
SL: 1582 DCB
Target: 1231
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 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.
