2026-02-20 11:33:03 am | Source: Motila Oswal Wealth Mangement
Technical – Conviction Delivery Idea: Sell Interglobe Aviation Ltd for TARGET Rs.4500 by Motila Oswal Wealth Mangement
Interglobe Aviation Ltd
Sell Interglobe Aviation Ltd CMP 4808 SL 4930 TARGET 4500 DURATION 1 Week
(Mcap ? 1,86,190 Cr.)
* Turned down from 50 DEMA from resistance zones.
* Strong bodied bearish candle.
* Surge in traded volumes.
* RSI momentum indicator showing weakness.
• We recommend to sell the stock’s futures contract at CMP Rs.4808 with a SL of Rs.4930 and a TGT of Rs.4500.
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