Stock of the day : Indigo Ltd For Target Rs.2620 - Religare Broking Ltd
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Indigo Ltd
* Indigo has been trading in a corrective phase, after making a new record high at 2745.10 in July 2023.
* It has formed a base in the last three weeks and looks set to resume the uptrend.
* It has also reclaimed the medium-term moving average(100 EMA), adding to the positivity.
* We thus recommend creating fresh longs in the mentioned range.
Buy ITC Limited CMP 2473.40; Range 2470-2480; SL 2400; Target 2620
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SEBI Registration number is INZ000174330
