INTERGLOBE AVIATION - Symmetrical triangle pattern!

4 ก.ค. 2020

INTERGLOBE AVIATION

#INDIGO has formed a symmetrical triangle pattern on 30mins chart. It is gradually moving forward in an upward channel and is facing resistance from 100EMA.

RSI is taking resistance from 60-level.
TT2 30MINS trend is Bullish.

If the price gives a breakout with volume and conviction, the next resistance is 1033/1039/1048 with Support 994.

If the price falls down from the pattern, the next support is 994/983 on the 30 mins chart.
Nearby resistance is 200EMA.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.