Powered by: Motilal Oswal
11-01-2024 11:36 AM | Source: Religare Broking Ltd
Stock of the day : Infosys Ltd For Target Rs. 110 - Religare Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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

 

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

 

 

 

 

 

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer