Technical Trading Idea : IndiGo Ltd Target Rs. 6300 By Motilal Oswal Wealth Management

IndiGo Ltd
Buy IndiGo Ltd CMP 5927 SL 5730 TARGET 6300 DURATION Weekly
* Channel Breakout on daily chart.
* Strong bullish candle.
* Hovering around “All Time High” zones.
* Respecting 50 DEMA support zones.
* Rising volumes visible.
* RSI indicator positively placed.
* We recommend to buy the stock at CMP Rs.5927 with a SL of Rs.5730 and a TGT of Rs.6300.
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