2024-01-11 11:36:17 am | Source: Religare Broking Ltd
Stock of the day : Infosys Ltd For Target Rs. 110 - Religare Broking
IndiGo Ltd
* Indigo has been in a steady uptrend for over three months and trading near record high .
* It has formed a fresh buying pivot holding above its short term moving average i.e. 20 DEMA.
* The breakout from the range with uptick in volumes suggests bullish tone to continue.
* We thus recommend creating longs through the Call option.
BUY 3100 CE IndiGo Ltd CMP 73.95 ; Range 173-75 ; SL 55 ; Target 55
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