Short Term Stock Tips
Indigo: – Indigo has closed below the trend line and even below its support around 1520 in today’s trading session, going ahead we may continue to see more downside in coming trading session, one may sell on rising with targets of 1450-1420 with the stop loss placed at 1540 levels. Derivatives data analysis is also showing huge short build-up, with the increase in open interest and decrease in price, traders must watch out for a rise near 1520 levels and short can be created for the targets of 1450-1420 levels.
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