Indigo Paints Swing Long
- Indigo Paints is currently trading at 1502
- Paint stocks have a huge correlation with Crude Oil Prices
- Whenever we see BRENT/WTI Crude Oil Prices getting slaughtered we always see Paint stocks moving up
- Similarly the setup for Indigo looks good to me and we can easily see this purging above 1600 soon
- Paint stocks have a huge correlation with Crude Oil Prices
- Whenever we see BRENT/WTI Crude Oil Prices getting slaughtered we always see Paint stocks moving up
- Similarly the setup for Indigo looks good to me and we can easily see this purging above 1600 soon
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