INDIGO – HEAD & SHOULDER PATTERN

There is a Trade setup in Indigo “Interglobe Aviation”.

Price has made a Head & Shoulder Pattern on Daily Charts.

Major support is at 1155-1160 zone.

If Breaks with heavy volumes, then it can retest 980-1000 levels.

Current Setup – Sell below 1178 for Target 1160-1155..!!

Happy Trading

Chart are below for your reference.. !!

Daily Chart

Learning – “Head & Shoulder Pattern”

Sid

Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


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