INDIGO BREAKOUT TRADING IDEA

As we can see after a 4-month breakout with a bullish candlestick pattern

RSI 64.26 towards an upward direction
HV 26

let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement
so plan accordingly.

enty and exit levels
2080
sl 2020 to 2000 (2.80%)
taget 2230 (8%)
RR 2.70%

educational purpose only!

Komentarz:

My Target which is 8% is achieved 🥂

Indicator
golden crossover and bullish crossover with gap up and huge volume ✨

This would have happened earlier if the news had not come in it.
Due to the IndiGo co-founder's wife selling a 4% stake in Indian carrier stock falling drastically from 15Feb 2023

Komentarz:

Stock Rise 20% 🚀 from My entry levels which is 2080 👍

Komentarz:

Rakesh gangwal and Shobha gangwal they both are company promoter and they sell 4% stakes from indigo