INTERGLOBE AVIATION - Symmetrical triangle pattern!

203
INTERGLOBE AVIATION

#INDIGO has formed a symmetrical triangle pattern on 30mins chart. It is gradually moving forward in an upward channel and is facing resistance from 100EMA.

RSI is taking resistance from 60-level.
TT2 30MINS trend is Bullish.

If the price gives a breakout with volume and conviction, the next resistance is 1033/1039/1048 with Support 994.

If the price falls down from the pattern, the next support is 994/983 on the 30 mins chart.
Nearby resistance is 200EMA.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.