moneytize

INDIGO IS BEARISH TILL IT BREAKS ABOVE THE ZONE 1150 - 1298

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BSE:INDIGO   INTERGLOBE AVIATION LIMITED
I remain bearish on this stock until it closes above the resistance zone from 1150 -1298

At present, it's under the kind of a flat correction and trying to reach closer to the falling trend line.
My preference is to short it around 1150 and place the stop above 1300.

Sell Target 1 is at 888
Sell Target 2 is at 708

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