INDIGO - Bullish Consolidation with Volumes

NSE: INDIGO is closing with a strong bullish consolidation candle supported with volumes

Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.

The stock has been consolidating for the past few days which is indicating demand.

One can look for a 8% to 11% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock breaking previous swing low.

#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade

Disclaimer:

This is for educational purposes only.