INDIGO - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

4.1

✈️ Intraday Trade Outlook — INDIGO

INDIGO’s chart suggests strong momentum and potential upside for intraday trades today, but not without a few caution flags. It's flying high fundamentally, and if price action cooperates, this setup could reward nimble traders.

🔎 Key Technical Highlights

RSI: 48.5 — Neutral, sitting on the edge of bullish territory.

MACD: 46.7 — Strong positive momentum, indicating continuation potential.

Price above 50 DMA (₹5,655) & 200 DMA (₹5,011) — Bullish bias confirmed.

Volume > 1Wk Avg — Active participation likely to support directional move.

📈 Intraday Trade Setup

✅ Buy Price Range

₹5,730–₹5,750 zone** — best entered on price consolidation above 50 DMA and slight dip with supportive volume.

💰 Profit-Taking Targets

₹5,800–₹5,820 — short-term resistance zone.

If bullish momentum sustains with price acceleration, ₹5,850 can be eyed before reversal risks.

📉 Stop-Loss Zones

₹5,705–₹5,710 — below this support, exit quickly as momentum could weaken toward 5,670.

🛫 Already Holding Today?

Sitting near ₹5,750–₹5,760? Watch for a sharp thrust through ₹5,800 with rising volume — hold for ₹5,850.

MACD starts to flatten + RSI stagnates below 50? Consider partial exit in ₹5,805–₹5,815 zone.

Volume dries up or price dips under ₹5,710 intraday? Book gains and wait for a re-entry later in the session.

INDIGO’s upward trajectory aligns well with intraday interest — fundamentals support it, and momentum isn’t far from takeoff. Want to pair this analysis with pre-market scans or build a momentum watchlist? I'm all wings.

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