Indigo- Wait for a dip and buy for good gains
CMP 1754.
Has consolidated a lot for the past 4 month with very strong resistance and support tested multiple times.
Should test the support of 1500 again and then buy for first target of 1780 and second target of 1900 within 2 months.
The easing of lockdown will be an enabler in July and might give a very quick breakout.
NOT AND INVESTMENT ADVISORY BUT ANALYSIS FOR SELF BUYING.
Has consolidated a lot for the past 4 month with very strong resistance and support tested multiple times.
Should test the support of 1500 again and then buy for first target of 1780 and second target of 1900 within 2 months.
The easing of lockdown will be an enabler in July and might give a very quick breakout.
NOT AND INVESTMENT ADVISORY BUT ANALYSIS FOR SELF BUYING.
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